November 30, 2016 BY LeapRate Staff

Former CBOE board member Alvin Wilkinson hit with $21.8 million penalty for running futures Ponzi scheme

The U.S. Commodity Futures Trading Commission (CFTC) announced that Judge Virginia Kendall of the U.S. District Court for the Northern District of Illinois entered an Order of default judgment and permanent injunction against Defendants Alvin Guy Wilkinson of San Juan, Puerto Rico, and his entities, Chicago Index Partners, L.P. (CIP) and Wilkinson Financial Opportunity Fund,…

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