January 30, 2014 BY Gerald Segal

LeapRate Forex Fraud Watch - Trader jailed four years for running a $1.5 million Ponzi scheme in New Zealand

Rene Alan Chalmers will spend 51 months in prison for funds misappropriation and misrepresentation of returns The New Zealand Herald is reporting on a substantial forex Ponzi scheme that was uncovered by the local Serious Fraud Office following complaints from investors with a self-made forex trader. Rene Alan Chalmers has defrauded his investors including family…

Read more