CFTC Orders Trader To Pay Back $1M From Commodities Scam
CFTC ordered a Florida trader to pay over $1 million he solicited from family and acquaintances for commodities trading.
Posted 2 days ago
Stockbroker Misconduct and Investment Fraud Blog
Commonwealth Capital CEO Barred By SEC
CEO and chairman of Commonwealth Capital Corp., displayed widespread misconduct involving thousands of dollars of expenses charged to private placement funds — resulting in a $100,000 fine and over $209,000 in disgorgement.
Posted 6 days ago
Dimond Kaplan & Rothstein, P.A. Investigates Leveraged UBS ETRACS Exchange Traded Notes Losses
DKR is investigating brokerage firm recommendations and sales of UBS ETRACS exchange-traded notes (ETNs) that recently resulted in losses for investors.
Posted 13 days ago
EquiAlt Ponzi Scheme Was $170M According to SEC
Two executives of a Florida-based real estate company scammed over 1,000 investors out of $170 million by misusing more than half of that sum to cover up Ponzi payments.
Posted 23 days ago
GPB Won’t Deliver Tax Documents to Investors
GPB Capital Holdings’ investors have seen their fair share of problems this year — and the troubling developments continue.
Posted 29 days ago
Oil Boss Charged Over Alleged Ponzi Scheme
Joey S. Dodson, the former chairman and managing partner of Citadel Energy, was indicted last month for allegedly running a $15 million Ponzi scheme.
Posted March 2, 2020
