CFTC goes after $59M fraudulent scheme EminiFX
The CFTC charges Eddy Alexandre and his company, EminiFX, Inc. with orchestrating a $59 million fraudulent scheme.
forex fraud
CFTC pushes for entry of default against key defendant in ROFX case
The CFTC is seeking an entry of default against Jase Davis, a key defendant in the lawsuit targeting ROFX.net.
CFTC asks Court to impose $2.6M fine on fraudulent Forex scheme GDLogix
The CFTC requests that the Court impose a fine of $2,587,800 against LaMarco and GDLogix.
CFTC suspects head of FX scam W Trade Group has fled the US
After Larry Ramos was released on bond with an ankle monitoring device, he removed his ankle monitoring device and fled.
CFTC charges AK Equity Group and Xapphire with Forex fraud
The CFTC has filed a civil enforcement action against Kay Yang and her companies, AK Equity Group LLC and Xapphire LLC.
CFTC secures entry of default against fraudulent FX scheme Tradewale
The CFTC has secured entries of default as to Tradewale LLC and Tradewale Managed Fund for failure to plead.
Court orders GNTFX operator Casper Mikkelsen to pay $4.7M for forex fraud
Rather than using client funds for forex trading as promised, Casper Mikkelsen misappropriated the funds in a Ponzi-like scheme.
Fintech Investment Group, Compcoin reach $1.8M settlement with CFTC
The Court entered an order for monetary sanctions against Alan Friedland, Fintech Investment Group, Inc and Compcoin LLC.
CFTC argues Forex scam Capital Storm should be held in contempt
The CFTC argues that fraudulent Forex scheme Capital Storm should be held in contempt for violation of Court orders.
CFTC seeks entry of default against fraudulent Forex scheme Tradewale
The CFTC seeks entries of default against fraudulent Forex scheme Tradewale LLC and Tradewale Management Fund.
