Displaying results 91 - 100 of 205
Virginia Man & His California Corporation Ordered to Pay Nearly $12 Million in Penalties for Fraudulent Commodity Trading System Sold to More than 15,000 Customers
… will guarantee outrageous profits with limited risk. Each investor who uses a trading system must perform some level of due diligence before they invest.  Otherwise, the investor’s experience may be akin to putting a blindfold on … The CFTC publishes a series of Consumer Advisories alerting the public to warning signs of possible fraudulent …
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Remarks and Video, “Value Regulations”
… Remarks of Commissioner Bart Chilton to Metals Market Investors, Washington, D.C. March 23, 2010 Video Opening … in addition to providing proactive outreach to aid and alert people to scams and fraud that are out there. We also … people with good hearts and limited incomes. We should be alerting the public about these scams, and a consumer …
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Federal Court in Florida Orders Neil Pecker and His Company, Vision Financial Partners, LLC, to Pay More than $6.5 Million in Restitution and a Civil Monetary Penalty in CFTC Binary Options Fraud Action
… jointly and severally, to pay restitution to defrauded investors totaling $2,777,130 and a $3.75 million civil … Advisory and “RED” List The CFTC has issued a Consumer Alert to warn about fraudulent schemes involving binary options and their trading platforms. The Alert warns customers that the perpetrators of these …
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Federal Court in Illinois Orders Australian Firm Enfinium Pty Ltd to Pay $80,000 Penalty, Cease Soliciting U.S. Customers, and Modify Website
… before investing funds. If a company is not registered, an investor should be wary of providing funds to that company. … Foreign Exchange Currency Fraud: CFTC/NASAA Investor Alert … raudAwarenessPrevention/ForeignCurrencyTrading/cftcnasaaforexalert Media Contact Dennis Holden 202-418-5088   Last …
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U.S. Commodity Futures Trading Commission Charges Two Staten Island Hedge Funds And Their Principal With Stealing Millions Of Dollars In Foreign Currency Scheme
… misappropriated more than $300,000 from Century Maxim Fund investors and more than $4.9 million from AJR Capital investors. The complaint also alleges that Efrosman provided … of Consumer Advisories at /cftc/cftccustomer.htm#advisory alerting the public to warning signs of possible fraudulent …
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The CFTC and 27 State Securities Regulatory Agencies Charge Los Angeles Area Precious Metals Dealer in Ongoing $68 Million Fraud Targeting the Elderly
… that solicited and received approximately $68 million in investor funds to purchase precious metals and fraudulently … represents our mutual interest in protecting main street investors,” said CFTC Chairman Rostin Behnam. “A … , including the Precious Metals Fraud Advisory , which alerts customers to precious metals fraud and lists simple …
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CFTC Warns of Potential Dangers for Messaging App Users
… Education and Outreach today released a customer advisory alerting messaging app users to beware of schemes to defraud … OCEO engages in outreach and education to retail investors. The office also frequently partners with federal …
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CFTC and State of Utah Charge Salt Lake City Precious Metals Dealer and His Company with Engaging in $170 Million Precious Metals Ponzi Scheme
… — and f raudulently obtaining more than  $170 million from investors since May 2013 in a precious metals Ponzi scheme.  … of 2018, the Defendants received at least $42 million from investors in a pool that purportedly bought and sold … including the  Precious Metals Fraud Advisory , which alerts customers to precious metals fraud and lists simple …
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Statement of Commissioner Kristin N. Johnson: Time to Take Action Against Digital Asset and Forex Romance Scam
… these types of schemes and others that target vulnerable investors are not uncommon and, in fact, we see consistent … Forex (issued Aug. 8, 2022); CFTC Customer Advisory: Be Alert and Share Information to Help Seniors Avoid Fraud …
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Statement, Open Meeting of the Commodity Futures Trading Commission
… Most importantly, it is now a constant, clanging bell alerting us that we have to change in order to ensure that … I’d like to propose, to further protect American investors and consumers. Specifically, they are: Institute …
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