Displaying results 51 - 60 of 127
CFTC Charges New Jersey Resident Michael S. Wright and New York Firm Wright Time Capital Group LLC (d/b/a Global FX Club) with Solicitation Fraud and Misappropriation in connection with a Pooled Investment in Foreign Currency Derivatives Trading
… Resident Michael S. Wright and New York Firm Wright Time Capital Group LLC (d/b/a Global FX Club) with Solicitation … U.S. District Court for the Southern District of New York against Defendants Michael S. Wright , of Jersey City, New … that created the appearance of positive pool trading gains during periods of time when Defendants did not …
Federal Court Orders Dante S. Giovannetti and His Companies Emini Experts, LLC and Capital Trading Concepts LLC to Pay over $2.7 Million in Restitution and Monetary Penalties for Commodity Pool Fraud and Other Violations of the Commodity Exchange Act
… S. Giovannetti and His Companies Emini Experts, LLC and Capital Trading Concepts LLC to Pay over $2.7 Million in … (Orlando Division) entered a Default Final Judgment Order against Defendants Dante S. Giovannetti and his companies … penalty. The Order also separately imposes jointly against Emini and Giovannetti an additional $140,000 civil …
Federal Court Orders IB Capital FX, LLC, Michel Geurkink, and Emad Echadi to Pay More than $35 Million in Restitution and a Civil Penalty for Soliciting at Least $50 Million from Members of the Public to Trade Forex, without Being Registered with the CFTC
… November 16, 2016 Federal Court Orders IB Capital FX, LLC, Michel Geurkink, and Emad Echadi to Pay … Futures Trading Commission (CFTC) obtained a Consent Order against Defendants IB Capital FX, LLC (a/k/a IB Capital FX … 1,850 customers, leaving the Defendants with a gain of $35 million, which was the gain received in …
New Jersey Court Order Imposes More Than $30 Million in Sanctions against Coyt E. Murray, Tech Traders, Inc., Tech Traders, Ltd., Magnum Investments, Ltd., and Magnum Capital Investments, Ltd. in Anti-Fraud Action Brought by the CFTC
… Court Order Imposes More Than $30 Million in Sanctions against Coyt E. Murray, Tech Traders, Inc., Tech Traders, Ltd., Magnum Investments, Ltd., and Magnum Capital Investments, Ltd. in Anti-Fraud Action Brought by … New Jersey entered a consent order of permanent injunction against defendants Coyt E. Murray , of Tega Cay, South …
CFTC Charges Susan G. Davis, David E. Howard II, Joseph Burgos, and their Companies with Fraud in Off-Exchange Foreign Currency Scheme
… II of Woodstock, Ga., and their New York companies, Forex Capital Trading Group, Inc. (Forex Group) and Forex Capital … $736,241 through October 2010, yet the defendants reported gains of 51.94 percent for 2010. The defendants also … rescission of contracts, disgorgement of ill-gotten gains, civil monetary penalties, trading and registration …
CFTC Orders New Jersey Firm to Pay $300,000 for Supervision Violations
… today issued an order filing and settling charges against registered futures commission merchant Gain Capital Group, LLC , of Bedminster, New Jersey, for …
CFTC Orders UK Company to Pay Over $490,000 for Registration and Supervision Violations
… today issued an order filing and settling charges against Gain Capital UK Limited (Gain UK) of London, England for failing …
New Jersey Federal Court Orders More Than $8 Million in Sanctions Against Robert W. Shimer, Vincent J. Firth, and Equity Financial Group LLC in CFTC Anti-Fraud Action
… Federal Court Orders More Than $8 Million in Sanctions Against Robert W. Shimer, Vincent J. Firth, and Equity … Commission (CFTC) announced today that it won a judgment against CFTC defendants Robert W. Shimer of Camp Hill, … soliciting millions of dollars from investors in Shasta Capital Associates (Shasta) for investment in Tech Traders, …
CFTC Charges California Man and His Company with Commodity Options Fraud
… with Commodity Options Fraud David M. Kogan and First Capital Futures Group Allegedly Defrauded 58 Customers of … today charged David Michael Kogan and his company, First Capital Futures Group a/k/a and d/b/a First Capital Group … of funds for defrauded customers, repayment of ill-gotten gains, an award of civil monetary penalties, and other …
CFTC Charges Two Florida Companies and Three Florida Men with Operating a Fraudulent Commodity Pool that Solicited Approximately $17 Million from about 100 Investors
… Approximately $17 Million from about 100 Investors Capital Blu Management, LLC, DD International Holdings, LLC, … the CFTC seeks restitution, disgorgement of ill-gotten gains, civil monetary penalties, and permanent injunctions against further trading. The CFTC’s Division of Enforcement …