Minn. Court Enjoins $47M Forex Fraudster

Law360, New York (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...
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