Firm Charged for Illegal Off-Exchange Forex Trading
Release: 5362-07
For Release: July 27, 2007
U.S. District Court Appoints Fund Administrator to Disburse Restitution in the CFTC’s Forex Anti-Fraud Action Against Emerald Worldwide Holdings, Inc.
Approximately $1.5 Million Is Available To Be Distributed As Restitution
Washington, D.C. – The U.S. Commodity Futures Trading Commission (CFTC) announced today the issuance of an Order for Distribution of Restitution and [...]
Seattle Forex Firm Charged with Fraud
Release: 5289-07
For Release: February 7, 2007
Texas Federal Court Orders Payment of More Than $123 Million in Fines and Restitution in Case Filed by the U.S. Commodity Futures Trading Commission against Seattle Firm and its Affiliates Involved in Fraudulent Foreign Currency (Forex) Swindle
Federal Cooperative Enforcement Utilized to Prosecute Defendants Premium Income Corp., Inforex, Ltd., and Tri-Forex [...]