August 12, 2014 BY Mike Fox
Forex Fraud Watch: CFTC orders New York resident and fraudulent fund operator Jacob N. Stein to pay restitution
The 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 more