San Francisco Forex Professionals Group on LinkedIn
New LinkedIn Group Seeks to Connect Forex Professionals in the San Francisco Bay Area
We would like to invite you to join the San Francisco Forex Professionals Group on LinkedIn. The group serves as a professional and networking resource for local Forex professionals. If you’re interested in joining the group, log in to your LinkedIn account [...]
CFTC Catches Another Ponzi Scheme Involving Forex
CFTC Charges Florida Couple, Claudio and Betty Aliaga, and Companies With Operating Ponzi Scheme
On April 12, the CFTC announced charges against Florida resident Claudio Aliaga (”Aliaga”) and company CMA Capital Management, LLC for operating a Ponzi scheme which fraudulently solicited almost $5 million from customers with the promise of profitable returns trading forex. Here are some highlights [...]
Forex Podcast - April 2010
New Podcast Discusses CFTC Forex Proposal, Public Comments, and Registration Requirements
On April 5, Mallon P.C. released its first podcast which discusses the new CFTC proposed rules with respect to the off-exchange retail foreign exchange markets.
In the podcast, Bart Mallon and Kristina Maalouf of Mallon P.C. overview the four main proposals which, if passed, will have [...]
Patrick Rakotonanahary, President/CEO of Cyber Market Group LLC, ARRESTED for Fraud in Conjunction with Ponzi Scheme
Typical Ponzi Scheme Involving Misleading of Customers, Misappropriation of Customer Funds, and False Account Statements Leads to Arrest of Patrick Rakotonanahary of Cyber Capital
March 15, 2010 – In a 23-page Complaint, CFTC alleged that Patrick Rakotonanahary (Rakotonanahary) and his Punta Gorda, Florida forex firm Cyber Market Group LLC (Cyber Market) fraudulently solicited money from public [...]