CFTC CHARGES A COUPLE IN NORTH CAROLINA AND THEIR COMPANIES A $22.5 MILLION PONZI SCHEME

CFTC Charges Charlotte, North Carolina Couple Sidney and Charlotte Hanson and their Companies with Operating a $22.5 Million Foreign Currency Ponzi Scheme
Investors’ money allegedly used to purchase an 88-acre farm, private plane rentals, and luxury vacations; court freezes assets
Washington, DC – The U.S. Commodity Futures Trading Commission (CFTC) announced today that it charged Sidney S. [...]

NFA FINES INTERBANK FX LLC AND ITS PRINCIPAL $225,000

The NFA has charged Interbank FX LLC and its principal, Todd Crosland and Amanda Albretsen, a $225,000 fine for failing to execute its anti-money laundering program and for unsuccessfully supervising its electronic trading system, the Interbank’s activities, and the solicitation of non-Member solicitors.

The full text of the NFA press release is reprinted below, and can [...]

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