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FX Ponzi scheme operator pleads guilty in a $180 million fraud case brought by ASIC

According to ASIC, the Courtney House companies convinced investors that their funds would be traded in Forex and Futures markets, however, only 3% of those funds were actually traded. Instead, the amounts paid to investors on monthly basis, came from the deposits of new investors. The Australian regulator stated: In addition to offering purported ‘standard’ […] The post FX Ponzi scheme operator pleads guilty in a $180 million fraud case brought by ASIC appeared first on LeapRate... Read More

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Content Topics

Ponzi

Scheme

Operator

Pleads

Guilty

180 Million

Fraud

Case

Brought

Forex

Posted: Nov 8 2022, 10:59

Author Name: leaprate

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