CFTC Hits SchoolofTrade Fraudsters with $5 Million Fine
Moderator: moderators
-
kreslik.news
- rank: 10000+ posts
- Posts: 37443
- Joined: Thu Jan 14, 2016 9:36 am
- Reputation: 2
- Gender:
CFTC Hits SchoolofTrade Fraudsters with $5 Million Fine
The US Commodity Futures Trading Commission (CFTC) announced today that it obtained a federal court order requiring Joseph Dufresne and Megan Renkow and their company to pay nearly $5 million in disgorgement and penalties for fraudulently marketing their trading educational program.
The CFTC disclosed in a press statement that the defendants have never been registered with the regulator, yet they tried to get clients for their company United Business Servicing to sign up for a futures trading system marketed under the name SchoolofTrade.com, or SoT.
In soliciting clients since October 2011, James and Renkow, a husband ... (read more)
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.