LeapRate FX Fraud Watch – Forex Global Solutions, Barry Sendach, and Joshua Kershner

CFTC orders those named to pay $750,000, and imposes permanent trading and registration bans.

The CFTC has ordered Barry Sendach of Boca Raton, FL and Joshua Kershner of Boynton Beach, FL, and their Boca Raton-based company Forex Global Solutions to pay a $750,000 fine for fraudulently soliciting customers to trade FX, and for violating CFTC registration requirements. Sendach and Kershner (as well as their company) was also permanently banned from trading or registration with the CFTC.

For the full CFTC press release click here.

For more on the global Forex industry see the LeapRate-Dow Jones Forex Industry Report.

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