October 15, 2020 BY Steffy Bogdanova

Affiliate marketer to pay over $13.8 million penalty for binary options fraud

The order also resolves a CFTC enforcement case from  October 2019, which found that Szatmari and a business partner created and disseminated fraudulent solicitations that led 25,000 customers to open and fund trading accounts that generated $3.8 million in fees for Szatmari and his partner, while customers lost most or all of their funds. The…

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