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CFTC and Head of Financial Tree scam are far from settlement

The CFTC and Forex Ponzi scammer John Patrick Glenn have discussed a settlement but do not believe a settlement is imminent.

The CFTC wants its adversary proceedings against John Patrick Glenn, a key figure in the Financial Tree scam, stayed.

The CFTC has three claims against John Patrick Glenn, who played a key role in the Financial Tree Ponzi scam.

The CFTC has secured an entry of default against John D. Black, founder of fraudulent entities Financial Tree and Financial Solution Group.