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Dead NC Trader Accused Of $40M Ponzi Scheme

Law360 (March 18, 2009, 12:00 AM EDT) -- The U.S. Commodity Futures Trading Commission has filed suit against now-deceased Bruce Kramer and his investment company Barki LLC — as well as two recipients of his allegedly ill-gotten gains, Rhonda Kramer and Forest Glen Farm LLC — over a purported foreign currency trading Ponzi scheme.

The agency filed its complaint Tuesday, as well as a request for a temporary restraining order freezing the defendants’ assets, in the U.S. District Court for the Western District of North Carolina. The suit is seeking monetary penalties and injunctive...
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