Tag: commodity pools

December 13, 2013 BY Gerald Segal

CFTC charges Alexander Glytenko for fraud against Russian investors

Direct Investment Products principal allegedly misappropriating almost half a million US dollars The US CFTC has charged California based Direct Investment Products Inc. and its principal Alexander Glytenko for alleged solicitation of about 761 individuals residing in Russian and former Soviet republics to invest a total of almost $ 4 million into the commodity pool…

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November 07, 2013 BY Gerald Segal

AlphaMetrix has $700 mln frozen

The CFTC states that the company misappropriated funds belonging to commodity pools and sent false or misleading account statements AlphaMetrix, which was ironically marketed to investors as a safe-house against the likes of Bernie Madoff, finds itself in some hot waters. Based in Chicago, the US company provides customers with opportunities to invest in futures…

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