SEC obtains final judgments in case against $345M Ponzi-like scheme
The Securities and Exchange Commission (SEC) has obtained final judgments against the participants in a $345 million Ponzi-like scheme.
Ponzi scheme
Court concludes receivership in $1.3bn Ponzi scheme case brought by CFTC
CFTC, featured, Ponzi scheme
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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 reiterates opposition to claims it aided Ponzi scheme
Haena Park, IBKR, Interactive Brokers, Ponzi scheme
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Interactive Brokers opposes a claim that it consciously and knowingly aided and abetted Haena Park in her fraud scheme.
Interactive Brokers opposes allegations that it aided Ponzi scheme
Haena Park, IBKR, Interactive Brokers, Ponzi scheme
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Interactive Brokers insists that it merely provided electronic trade execution and clearing services to Park’s hedge funds.
Trader sues Interactive Brokers for damages caused by Ponzi scheme
Haena Park, Interactive Brokers, Ponzi scheme
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Interactive Brokers’ clients sue the broker over harm caused by its alleged aiding and abetting the Haena Park Ponzi scheme.
CFTC secures entry of default against Forex Ponzi scheme 1st Million
1st million, forex fraud, Ponzi scheme
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The CFTC has secured an entry of default against $28 million Ponzi scheme 1st Million and the individuals behind it.
CFTC allowed to subpoena UK Forex firm ATC Brokers
ATC UK, forex fraud, Ponzi scheme
1 Comment
Court allows the CFTC to issue subpoenas to ATC Brokers in connection with Forex fraud investigation in the United States.
Ponzi scheme operator ordered to pay $10.3M in CFTC case
The CFTC has secured a Court order directing Ponzi scheme operator Douglas Lien to pay $10.3 million in monetary sanctions and relief.
CFTC seeks partial freeze lift in $1.3bn Ponzi scheme case
Ponzi scheme, WG Trading
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The CFTC and the SEC are seeking to lift the freeze on some defendants’ accounts in a $1.3 billion Ponzi scheme case.
SEC obtains final judgment against operator of multi-million dollar Ponzi scheme
James Booth, Ponzi scheme, SEC
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The SEC has obtained a final judgment against former Connecticut investment adviser James T. Booth who operated a multi-million dollar Ponzi scheme.
