The practice of cloning is alive and well among unregulated entities wishing to dupe clients from the Asia Pacific region into investing on the premise that they are becoming a client of an established London-based company. The FCA has pointed out yet another example of imitation, and advises caution
Read moreFraudsters are using or giving out the following details of two FCA regulated and authorized brokers below as part of their tactics to scam people in the UK and around the world. Both sites seem to be targeting unsuspecting Chinese traders. Clone firm details - Name: PMG Forex (clone of FCA authorised firm) - Email:…
Read moreDefendants allegedly misappropriated more than $1 million of customer funds
Read moreUSA regulators have made sure that Utah resident Mr. Beatty and his fraudulent firm Peak Capital are permanently barred from the commodities industry...
Read moreCFTC Charges Illinois Resident Gerald J. Considine and His Companies, Novo Trading and Considine Trading, with Fraudulent Solicitation and Misappropriating More than $1.65 Million of Customer Funds
Read moreAustralia's financial markets regulatory authority urges caution to potential investors when approached by firms which purport to be regulated, but in fact are not
Read moreFederal court issues emergency order freezing assets and protecting books and records of Metters
Read moreBeijing police home in on octogenarian who solicited substantial sums of money from unsuspecting citizens along with three accomplices.
Read moreThe U.S. Commodity Futures Trading Commission (CFTC) officially announced today that it entered an Order requiring Jacob N. Stein of Hankins, New York, individually and doing business as TEPdesign, Inc., to pay restitution of $244,400 to defrauded customers and a $100,000 civil monetary penalty, for committing fraud and misappropriation in connection with a commodity pool…
Read moreThe Securities and Exchange Commission issued the following litigation release...
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