Orange County Commodities Trader Faces Civil and Criminal Charges
December 8, 2008 by tgabeh · Leave a Comment
The Commodity Futures Trading Commission (CFTC) has obtained a federal court order in Orange County California, freezing the assets and prohibiting the destruction of documents of an Orange-County commodity trader and his company.
The asset freeze order stems from a CFTC complaint charging both with misappropriating customer funds and concealing trading losses in connection with operating a fraudulent commodity pool.
The complaint alleges that the defendants solicited at least Read more