Maxwell was sentenced to three years, nine months years in prison and was ordered to pay approximately $1,434,628 in restitution to his victims.
Read moreFrom about 2008 to January 2012, the Georgia man solicited investments from individuals across the United States with promises of high fixed rates of return to be generated from successful trading.
Read moreThe defendants concealed trading losses, misappropriated approximately $1 million of pool participants’ funds, issued false account statements to pool participants, and failed to disclose that the counterparty to the retail forex transactions that were offered or entered into with the respective pools was not registered with the CFTC.
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