Forex Fraudsters Shell Out Nearly $12M In CFTC Case

By Cara Mannion (January 10, 2017, 4:42 PM EST) -- A New York federal court has ordered two alleged fraudsters, one already jailed over a separate scheme, to cough up more than $11 million in penalties after finding they spent investors' currency trading funds on personal expenses, the U.S. Commodity Futures Trading Commission said on Tuesday....

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