CFTC Says Colo. Woman Ran Digital Asset Ponzi Scheme
Law360 (February 14, 2020, 9:37 PM EST) -- A Colorado woman and her company are accused of stealing hundreds of thousands of dollars from dozens of victims through a Ponzi scheme in which she purported to facilitate the trading of foreign currency contracts, Bitcoin and other digital assets, according to the Commodity Futures Trading Commission.
Breonna Clark of Denver is accused of using her company, Venture Capital Investments Ltd., to collect almost $535,000 from at least 72 people who were told they were trading through a commodity pool, the CFTC said in a civil enforcement action filed Friday in Colorado federal court. But in reality, Clark traded only a...
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