LeapRate

September 10, 2013 BY Gerald Segal

LeapRate Forex Fraud Watch – $2.4M fine to Alex Ekdeshman for forex ponzi scheme

Alex Ekdeshman and his company Paramount Management LLC used the vast majority of customer funds for business expenses. The CFTC has announced that it has obtained a federal court order against Alex Ekdeshman of Holmdel NJ and his company Paramount Management LLC, requiring $1.1 million in restitution to their defrauded customers plus a $1.3 million monetary…

June 26, 2013 BY Gerald Segal

LeapRate Forex Fraud Watch – $1.3M fine to Christopher Varlesi for Forex ponzi scheme

Varlesi's Gold Coast Futures and Forex used just $220,000 of the $1.7M he accepted from clients to actually trade. The CFTC has obtained a federal court order against Christopher Varlesi of Chicago and his company Gold Coast Futures and Forex, requiring Varlesi to pay $1.3 million -- $638,000 to defrauded investors plus a $700,000 penalty. The…

June 18, 2013 BY Gerald Segal

LeapRate Forex Fraud Watch – $1.5M fine for Angel F. Collazo, ACJ Capital, and Solid View Capital

Collazo and his companies concealed trading losses, and misappropriated client funds for personal uses. The CFTC has obtained a federal court order requiring defendants Angel F. Collazo (formerly of Puerto Rico) and his companies, ACJ Capital (ACJ) and Solid View Capital LLC to pay $843,444 in restitution plus a $750,000 civil monetary penalty for fraudulently…

May 17, 2013 BY Gerald Segal

LeapRate Forex Fraud Watch – $28M Ponzi Scheme run by Philip Milton

Florida Court issues order against Philip Milton and Trade LLC in a commodity pool Ponzi Scheme. The CFTC has obtained a court order ordering Phillip Milton of Palm Beach Gardens, Florida and Trade, LLC based in Palm Springs to pay restitution of more than $10.8 million and $7.6 million civil monetary penalty. In addition, Trade…

Tag: ponzi

LeapRate Forex Fraud Watch – $2.4M fine to Alex Ekdeshman for forex ponzi scheme

LeapRate Forex Fraud Watch – $1.3M fine to Christopher Varlesi for Forex ponzi scheme

LeapRate Forex Fraud Watch – $1.5M fine for Angel F. Collazo, ACJ Capital, and Solid View Capital

LeapRate Forex Fraud Watch – $28M Ponzi Scheme run by Philip Milton

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easyMarkets and Real Madrid Renew Collaboration Agreement

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