CFTC Accuses Couple Of Running $2M Forex Scam

Law360, New York (October 26, 2011, 10:26 PM EDT) -- The U.S. Commodity Futures Trading Commission on Tuesday sued a Texas couple who allegedly raised $2 million by lying to investors about returns on their foreign currency exchange trading and used some of the money to pay for personal expenses.

In a complaint filed in Texas federal court, the CFTC accuses Linda and Chance Harris of fraudulently operating two forex trading companies — CDH Forex Investments LLC and CDH Global Holdings LLC — and moving $330,000 of investor money into personal bank accounts.

"From at least...
To view the full article, register now.




Case Information

Case Title

U.S. Commodity Futures Trading Commission v. CDH Forex Investments, LLC et al

Case Number



Texas Northern

Nature of Suit



Royal Furgeson

Date Filed

October 25, 2011

Government Agencies

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.