March 03, 2022
Two men accused by the Commodity Futures Trading Commission of scamming nearly $900,000 from precious metals investors in a Ponzi-style scheme must pay more than $1.6 million in restitution and penalties, according to a Florida district court order Wednesday.
July 16, 2020
The Commodity Futures Trading Commission on Thursday sued a now-defunct company that claimed to invest in leveraged precious metals, accusing it of swindling customers out of nearly $900,000 in a Ponzi-style scheme in which company executives pocketed the money.