Displaying results 71 - 80 of 127
U.S. Commodity Futures Trading Commission Charges Two Staten Island Hedge Funds And Their Principal With Stealing Millions Of Dollars In Foreign Currency Scheme
… That Alexsander Efrosman, Century Maxim Fund, Inc., and AJR Capital Inc. Fraudulently Solicited Customers to Trade … announced today that it filed a federal injunctive action against Alexsander Efrosman, a/k/a Alex Besser , of Staten … civil monetary penalties, and disgorgement of ill-gotten gains. The following CFTC Division of Enforcement staff …
CFTC Charges North Carolina Foreign Currency Firm CapitalStreet Financial LLC and its Principal Sean F. Mescall with Operating a $1.3 Million Forex Ponzi Scam
… 9, 2009 CFTC Charges North Carolina Foreign Currency Firm CapitalStreet Financial LLC and its Principal Sean F. … funds. Defendants also directed funds to relief defendant Gaincapital, Inc. , a company owed by Mescall . Neither … entitlement to any CSF customer funds. (Relief defendant Gaincapital is not related to GAIN Capital Group, LLC, a …
Federal Court in Illinois Orders Approximately $500 Million in Sanctions against Defendant Nikolai S. Battoo and His Three Companies for Committing a Global Commodity Futures and Options Fraud
… in Illinois Orders Approximately $500 Million in Sanctions against Defendant Nikolai S. Battoo and His Three Companies … District of Illinois entered an Order of Default Judgment against Defendants Nikolai S. Battoo , BC Capital Group S.A. , BC Capital Group International Limited …
CFTC Charges North Carolina Resident Toby D. Hunter and Two of His Companies with Fraud and Misappropriation in Multi-Million Dollar Commodity Scheme
… Toby D. Hunter of Waxhaw, N.C., and his companies, Prestige Capital Advisors, LLC (Prestige) and D2W Capital Management, … litigation, the CFTC seeks a return of ill-gotten gains, restitution to defrauded customers, civil monetary … trading and registration bans, and permanent injunctions against further violations of the federal commodities laws. …
CFTC Charges Commodity Pool Operators and Their Co-Chief Investment Officer with Deception and Manipulation in Connection with Swaps and Supervision Failures
… U.S. District Court for the Southern District of New York against Glen Point Capital Advisors LP and Glen Point Capital LLP … civil monetary penalties, disgorgement of any ill-gotten gains, permanent trading and registration bans, and a …
CFTC Obtains Permanent Injunction Orders and Monetary Sanctions against Susan G. Davis, David E. Howard II, and Joseph Burgos for Fraudulent Solicitation of Managed Foreign Currency Trading Accounts
… Obtains Permanent Injunction Orders and Monetary Sanctions against Susan G. Davis, David E. Howard II, and Joseph Burgos … New York entered Consent Orders for permanent injunction against Defendants Susan G. Davis of Jersey City, N.J. and … enforcement action filed on July 27, 2011 against Forex Capital Trading Group, Inc. (Forex Group) and Forex Capital …
Charlottesville, Virginia-based Defendants Ordered to Pay More than $4.6 Million in Disgorgement and Civil Penalties to Settle 2009 CFTC Anti-Fraud Action
… court order settling CFTC charges filed on March 11, 2009, against defendants John M. Donnelly , Tower Analysis Inc. , Nasco Tang Corp. and Nadia Capital Corp. , all of Charlottesville, Va., and relief … disgorge, jointly and severally, $3,768,792 of ill-gotten gains. The order also requires John and Deborah Donnelly to …
CFTC Charges Charlottesville, Virginia Man with Stealing $1 Million From Investors in a Ponzi Scheme Involving More than $10 Million
… created, Tower Analysis Inc. , Nasco Tang Corp. , and Nadia Capital Corp. , with misappropriating at least $1 million … the CFTC seeks restitution, disgorgement of ill-gotten gains, civil monetary penalties, and permanent injunctions against further violations of the federal commodities laws …
CFTC Charges Unregistered Commodity Pool Operator, Two California Men with $2.3 Million Fraud
… the Central District of California charging Main & Prospect Capital , LLC and two California men—the firm’s president, … to defrauded investors, disgorgement of any ill-gotten gains, civil monetary penalties, permanent registration and trading bans, and a permanent injunction against further violations of the Commodity Exchange Act, as …
CFTC and Defendant Paul Greenwood Agree to a Consent Order Finding that Greenwood Operated a Multi-Billion Dollar Investment Scam
… consent order of permanent injunction and equitable relief against Paul Greenwood of North Salem, N.Y. The CFTC charged … with entities they owned and controlled, such as Westridge Capital Management, Inc., WG Trading Investors, LP and WGIA, … The order also requires Greenwood to disgorge ill-gotten gains to defrauded pool participants and to pay a civil …