Commodity Futures Trading Commission v. Saffron et al

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Case Number:

2:19-cv-01697

Court:

Nevada

Nature of Suit:

Securities/Commodities

Judge:

Jennifer A. Dorsey

Firms

Government Agencies

  1. January 31, 2020

    Nev. Man Could Pay $1K-A-Day Fine In CFTC's $11M Ponzi Suit

    A Nevada man will be fined $1,000 per day if he doesn't comply with a court order in the U.S. Commodity Futures Trading Commission's suit accusing him of running an $11 million binary options scheme, a Nevada federal judge ruled Thursday.

  2. October 16, 2019

    CFTC Says Nev. Man Swindled $11M In Ponzi Trading Plot

    The U.S. Commodity Futures Trading Commission has accused a Nevada man of running an unlicensed financial operation that bilked victims out of $11 million by purporting to offer trading services for binary options on foreign currencies, the regulator announced on Wednesday.