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$310 Million Fraud: Regulators Freeze Assets of My Forex Funds
My Forex Funds, a prop trading firm, has terminated its services as the Commodity Futures Trading Commission (CFTC) in the United States and the Ontario Securities Commission (OSC) in Canada have moved against the alleged scam of about $310 million. Both regulators brought charges against Murtuza Kazmi, who operated My Forex Funds with his two companies, New Jersey-incorporated Traders Global Group Inc. and Canada-based Traders Global Group Inc. While the CFTC named both companies, the Canadian...
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Posted: Sep 4 2023, 08:54
Author Name: financemagnates
Views: 112558