September 09, 2015 BY Mike Fox

Commodity Pool operator sentenced to 17 years’ incarceration for fraud

The CFTC sent out a notice today that Donovan Davis Jr., one of three Principal Defendants charged by the CFTC for the fraudulent operation of Capital Blu Management, LLC of Melbourne, Florida, was sentenced to 17 years in a federal prison on August 27, 2015. Davis was convicted on May 14, 2015 of multiple counts…

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