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.
The CFTC has secured a Court order directing The QYU Holdings and Darren Robinson to pay $11.8 million in penalties.
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.
Instead of trading pool participant funds as promised, Nawabi misappropriated the pool participants’ money for his own personal benefit.
Tradewale’s customers in the United States were never able to withdraw funds from their accounts.
Highrise and Singh collected almost $58 million from investors and feeder funds, but used less than $2.5 million for actual forex trading.
The CFTC has filed for a default judgment and permanent injunction against FX and binary options fraudster Patrick Wonsey.
The CFTC seeks an entry of default against FX and binary options fraudster Patrick Wonsey d/b/a One Bell & Associates.
From January 2020 through the present, Edwin M. Carrion, Jason F. Rodriguez, and TTT, operated a fraudulent scheme.
From January 2019 to March 2021, Roberto Pulido, aided by Lions of Forex LLC, fraudulently solicited clients for the purported purpose of trading Forex.
The CFTC has secured a preliminary injunction freezing the assets of Timothy Stubbs, involved in fraudulent FX scheme ROFX.net.