Tag: Florida

November 21, 2019 BY Mariela Naydenova

SEC stops Ponzi scheme targeting seniors and small business owners

The SEC has just filed an emergency action against a $6 million Ponzi scheme that targets seniors and small business owners. The SEC has obtained a temporary restraining order and freeze of asset filing against Neil Burkholz of Boca Raton, and Frank Bianco of Pembroke Pines, Florida. The two individuals targeted and defrauded at least 55…

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June 22, 2016 BY Mike Fox

Florida fraudster gets jail time and ordered to pay $2.7 million for commodity pool fraud

The U.S. Commodity Futures Trading Commission (CFTC) today announced that Judge Paul G. Byron of the U.S. District Court for the Middle District of Florida (Orlando Division) entered a Default Final Judgment Order against Defendants Dante S. Giovannetti and his companies Emini Experts, LLC(Emini) and Capital Trading Concepts LLC (Capital Trading) for defrauding clients in…

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January 25, 2016 BY Mike Fox

Palm Beach man sentenced to prison following forex trading investment scams

Last Thursday it was decided that a Palm Beach County, Florida man was sentenced to 27 months in federal prison, following his wire fraud and criminal contempt convictions. David Lee Ortiz, 39, of Palm Beach County, was sentenced by United States District Judge Robin L. Rosenberg in Fort Pierce, following his prior plea of guilty to telemarketing…

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