NZ authorities bring charges against couple for running $4.1 million Ponzi scheme
Mr and Mrs Tuira claimed to be experienced investors who managed funds as well as offering financial advice and financial literacy training.
Mr and Mrs Tuira claimed to be experienced investors who managed funds as well as offering financial advice and financial literacy training.
The CFTC action targets several defendants, including Yas Castellum LLC and SAEG Capital General Management LP.
The CFTC complaint alleges that several individuals lied to the National Futures Association (NFA) in order to conceal the scams.
The SEC charges Douver Torres Braga, Joff Paradise, Keleionalani Akana Taylor, and Jonathan Tetreault for their roles in Trade Coin Club.
The Securities and Exchange Commission (SEC) has obtained final judgments against the participants in a $345 million Ponzi-like scheme.
The CFTC today announced the successful conclusion of the receivership in a $1.3 billion Ponzi scheme case the CFTC filed in 2009.
Interactive Brokers opposes a claim that it consciously and knowingly aided and abetted Haena Park in her fraud scheme.
Interactive Brokers insists that it merely provided electronic trade execution and clearing services to Park’s hedge funds.
Interactive Brokers’ clients sue the broker over harm caused by its alleged aiding and abetting the Haena Park Ponzi scheme.
The CFTC has secured an entry of default against $28 million Ponzi scheme 1st Million and the individuals behind it.