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Commodity Pool Operator Gets 17 Years in Prison for Fraud Scheme

September 10, 2015 by Eugene Grygo

A commodity pool operator based in Florida got 17 years in prison after being convicted for running an investment fraud scheme that chocked up more than $13 million in losses for investors and uncovered excesses such as six-figure salaries and the use of private airplanes and luxury cars, according to government officials. The sentencing on… Read More >>

Filed Under: General Interest, AML/Fraud/Financial Crime, Regulation & Compliance, Industry News Tagged With: Capital Blu Management, CFTC, Commodity Exchange Act, Financial Crime

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