CFTC Charges Oregon Resident and His Corporation with Fraud Related to Leveraged Foreign Currency and Metals

"On 02/10/2024, the Commodity Futures Trading Commission (CFTC) issued an update regarding CFTC Charges Oregon Resident and His Corporation with Fraud Related to Leveraged Foreign Currency and Metals. The CFTC is seeking disgorgement of ill-gotten gains, civil monetary penalties, restitution, and a permanent injunction against further violations of the Commodity Exchange Act." The Commodity Futures Trading Commission (CFTC) has charged an Oregon resident and his corporation with fraud related to leveraged foreign currency and metals. The defendants are accused of defrauding over 100 US customers out of at least $2.3 million.