December 23, 2020 BY Steffy Bogdanova
CFTC orders more than $255K restitution in forex fraud case
The consent order finds that between April 2017 and February 2019, Pyatt accepted $276,850 from pool participants to trade commodity futures and forex. The US watchdog also discovered that Pyatt misappropriated most of pool participants’ funds for business expenses and personal use, and to make Ponzi-like payments to other pool participants, while using only a…
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