We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Minn. Court Enjoins $47M Forex Fraudster

Law360 (March 11, 2011, 11:20 PM EST) -- A Minnesota federal judge Friday maintained an asset freeze and issued an injunction against alleged currency fraudster Jason Bo-Alan Beckman, the latest in a flurry of activity in widespread litigation over bankrupt Crown Forex SA's alleged $84 million fraud scheme.

Judge Michael J. Davis of the U.S. District Court for the District of Minnesota filed separate orders continuing asset freezes for Beckman and his wife, relief defendant Hollie Beckman.

Judge Davis also issued a preliminary injunction blocking Jason Bo-Alan Beckman from selling securities without registration statements...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.