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Risk Capital To Pay Back Millions

Law360 (August 30, 2006, 12:00 AM EDT) -- A federal judge has ordered Risk Capital Trading Group Inc. and a number of its brokers to shell out more than $22 million for defrauding customers in a commodity options scheme.

The decision, announced Wednesday by the U.S. Commodity Futures Trading Commission, also permanently bars Risk Capital and brokers Deron Baugh, Ty Edwards, Stephen Margol, Juan Valentin and Richard Tillman from any commodity-related activities.

Those activities include soliciting funds, trading in any market regulated by the CFTC, and registering or claiming exemption from registration with the...
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