January 13, 2016
A Minnesota federal judge ordered two jailed men convicted of aiding in a Crown Forex SA foreign-exchange Ponzi scheme to pay $156 million in disgorgement penalties and interest to the Securities and Exchange Commission, ruling Tuesday that a criminal trial showed the men reaped ill-gotten gains from unsuspecting investors.
May 03, 2011
The U.S. Securities and Exchange Commission asked a Minnesota court Monday to force a former Crown Forex SA principal to provide documents and answer questions regarding an alleged Ponzi scheme that cost investors $139 million.
March 11, 2011
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.