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Showing posts with the label Loan Ltd.

SEC Charges Forex Ponzi Operator Who Fled After Scheme Unraveled

Washington, D.C., July 15, 2011 – The Securities and Exchange Commission filed fraud charges Thursday against the CEO of a purported foreign currency trading firm, alleging he scammed hundreds of investors with false promises of high, fixed-rate returns while secretly using their money to fund his start-up alternative newspaper. Additional Materials