According to a proposal submitted to the Court, the trial in the CFTC case against ROFX is set to commence on May 13, 2024.
Aviv Talmor was convicted of fraud, theft, money laundering, and managing investment portfolios without a license.
The CFTC has secured an entry of default as to Capital Ventures Group, LLC, one of the defendants in a $6 million FX fraud case.
The new advisory provides potential investors with eight cautionary tips about the risks of trading OTC forex.
The Government wants to stay discovery in the CFTC case against EminiFX in its entirety until the conclusion of a related criminal case.
The CFTC has secured an entry of default against Larry Ramos Mendoza, managing director of W Trade Group.
The CFTC pushes for summary judgment against John H. Won and Tae Hung Kang a/k/a Kevin Kang, the individuals behind ForexNPower.
The victims of ROFX seek a default judgment against 26 firms and individuals linked to the fraudulent Forex scheme.
The Receiver is not aware of any legitimate business activity of EminiFX that requires the ongoing use of the company.
The CFTC requests the Court impose a fine of $1,000 per day against each defendant for their contempt of the Court’s authority.