Jailed Professor Barred From Commodities Trading

Law360, New York (February 10, 2009, 12:00 AM EST) -- A former professor at Charleston Southern University, who is already serving a 24-year prison sentence for defrauding investors out of nearly $70 million, was permanently barred last week from engaging in any commodity-related activity and from further violating certain provisions of the Commodity Exchange Act.

According to an order lodged Feb. 2 by Judge David Norton of the U.S. District Court for the District of South Carolina, Albert E. Parish told investors that he would put their money into commodity futures, when in fact he misappropriated...
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