January 12, 2016
An Illinois federal judge on Monday ordered BC Capital Group SA to pay more than $490 million in restitution, disgorgement and penalties after the asset management firm failed to respond to the U.S. Commodity Futures Trading Commission's claims it exaggerated returns and hid losses.
September 05, 2014
An Illinois federal judge on Thursday denied liquidators' challenge to a freeze on $20 million in disputed assets in a U.S. Commodity Futures Trading Commission suit alleging BC Capital Group SA and its principal exaggerated returns while hiding $140 million in losses from investments in failed schemes.
September 07, 2012
U.S. regulators on Thursday targeted asset management firm BC Capital Group S.A. and its principal for allegedly exaggerating investment returns while hiding $140 million in losses from investments in failed schemes including with Bernard Madoff.