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Feds Want In On $84M Crown Forex Fraud Suit

Law360 (February 14, 2011, 7:55 PM EST) -- Federal prosecutors are seeking to jump into a U.S. Commodity Futures Trading Commission civil suit accusing the principals and subsidiaries of bankrupt Crown Forex SA of perpetrating a massive foreign exchange scheme to defraud investors of $84 million.

The U.S. Department of Justice and the U.S. attorney's office for the District of Minnesota on Monday asked to intervene in the suit in the U.S. District Court for the District of Minnesota, fearing that the receiver for Crown Forex could interfere with the criminal prosecution of its...
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