SEC charges operators of fake day-trading firm who cheated investors out of $1.4 million LeapRate

Securities and Exchange Commission proposes Transaction Fee Pilot for NMS Stocks

December 21, 2016 BY admin

SEC charges operators of fake day-trading firm who cheated investors out of $1.4 million

The Securities and Exchange Commission today charged two men behind a phony day-trading firm with pocketing more than $1.4 million in deposits from hundreds of defrauded investors worldwide. The SEC alleges that Naris Chamroonrat of Bangkok, Thailand, recruited Adam L. Plumer of Las Vegas to help him lure investors to day-trade through an unregistered brokerage…

June 06, 2016 BY LeapRate Staff

CFTC charges Haena Park and her companies with misappropriation, trading fraud, and running a Ponzi scheme

The U.S. Commodity Futures Trading Commission (CFTC) has announced the filing of a civil enforcement action charging Haena Park and her companies operating under various names including Phaetra Capital GP LLC, Argenta Capital GP LLC, Phaetra Capital Management LP, Argenta Capital LLC, and Argenta Group LLC with fraudulently operating a commodity pool and misappropriation of pool…

September 08, 2015 BY Mike Fox

CFTC charges Tennessee and Kentucky fraudsters for over $1m in futures trading pool fraud

Without any license, defendants fraudulently solicited over $1 million from the public to trade commodity futures in a pool, and misappropriated more than $800,000 of pool participants’ funds for their personal use, while misrepresenting the profitability of their trading.

December 17, 2014 BY Mike Fox

Gibraltar FSC warns about fraudulent binary firms claiming Gibraltarian regulation

The general warning involves customers of these websites, and of those schemes currently providing online platforms for binary options trading that are not covered by the Gibraltar Investor Compensation Scheme.

Tag: trading fraud