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.
Ponzi scheme
CFTC seeks partial freeze lift in $1.3bn Ponzi scheme case
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
The SEC has obtained a final judgment against former Connecticut investment adviser James T. Booth who operated a multi-million dollar Ponzi scheme.
AirBit Club co-conspirator has his bond reduced
Scott Hughes, involved in defrauding individuals through investments in AirBit Club, has his bond reduced.
