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Prospero Markets wind-up order granted as broker owes clients $19M

It is unclear at this stage how much client money is still held at Prospero Markets, and how much (if any) is missing.

BRI Ferrier will be appointed as liquidator for Prospero Markets – BRI also oversaw the bankruptcy of Australia CFDs broker USGFX.

Prospero Markets is an Australia based broker which services mainly Chinese speaking clients, both in Australia and across the Far East.

The AFP has raided the offices of CFDs broker Prospero Markets as part of a wider action against a China based money laundering ring.

The UK FCA has started criminal proceedings against four individuals for conspiracy to commit fraud.

The FCA has begun criminal proceedings against five individuals involved with Worthington Group plc.

This is a civil forfeiture action against $968,367.18 in funds seized from Robinhood Markets, Inc. account held in the name of Choman Ali.