Tag: Arista LLC

February 21, 2014 BY Gerald Segal

CFTC on the move: revoking registration of two forex related fraudsters

Veruus Wealth Management registration suspended, Arista LLC and Abdul Walji are next According to a CFTC press release the regulator has revoked registration of Colorado-based forex company Veruus Wealth Management LLC as it confirmed that the company engaged in civil theft and conversion of investments in a managed forex trading account. A Denver court has…

Read more
December 04, 2013 BY Gerald Segal

LeapRate Forex Fraud Watch – Abdul Sultan Walji and Reniero Francisco to pay over $22 Million

Registered commodity pool operator Arista LLC misappropriated $4.125 million from 39 investors The US Commodity Futures trading Commission (CFTC) has issued a press release informing the public about a federal court order that seeks over $22 million in restitution and fines from Abdul Sultan Walji and Reniero Francisco. They acted as principals for the registered…

Read more