Forex fraud: ROFX owners hit with $225 million court order
Federal Court also orders Georgia-based CPA to Pay $467K in monetary sanctions to settle charges for his involvement in the fraud.
CFTC News
CFTC takes Agridime to Court for $161M Ponzi scheme
The Commodity Futures Trading Commission (CFTC) has taken Agridime LLC to Court for operating a Ponzi scheme.
CFTC secures Court order imposing $11.8M in penalties on The QYU Holdings
The CFTC has secured a Court order directing The QYU Holdings and Darren Robinson to pay $11.8 million in penalties.
California court hits Red Rock Secured and execs with $56M order for precious metals scam
Red Rock’s Sean Kelly and Tony Spencer are barred from acting as investment advisers or broker-dealers in California and Hawaii.
CFTC secures Court order imposing $169M fine on ROFX and associated entities
The CFTC has secured an order of final judgment imposing a fine of $169,086,837 on ROFX, Notus and a number of other defendants.
MetroTrade secures NFA membership and CFTC registration as introducing broker
MetroTrade LLC is now registered with the CFTC as an introducing broker and is a member of the National Futures Organization (NFA).
Eshaq Nawabi to pay $9 million for Hyperion Consulting forex fraud
Instead of trading pool participant funds as promised, Nawabi misappropriated the pool participants’ money for his own personal benefit.
CFTC imposes $500,000 fine on ANZ for supervision failures
Excerpt: The CFTC today issued an order simultaneously filing and settling charges against Australia and New Zealand Banking Group Ltd. (ANZ).
CFTC takes KuCoin to Court for operating illegal digital asset derivatives exchange
The complaint alleges KuCoin illegally dealt in off-exchange commodity futures transactions and leveraged, margined, or financed retail commodity transactions.
CFTC secures $3.4M Court order against Forex trader
The U.S. District Court for the Southern District of Florida has entered an order imposing a civil monetary penalty and restitution on Joseph Carvajales.
