commodity pool schemes

PP Blog Tag archives on references to "commodity pool schemes."

BULLETIN: Another Decade-Long Ponzi Scheme — This One In Missouri, CFTC Says; Grahame Rhodes Of St. Louis Accused Of Misappropriating ‘The Entire Amount Of The Participants’ Funds He Received’ And Ripping Off His Mother-In-Law

BULLETIN: Another Decade-Long Ponzi Scheme -- This One In Missouri, CFTC Says; Grahame Rhodes Of St. Louis Accused Of Misappropriating 'The Entire Amount Of The Participants’ Funds He Received' And Ripping Off His Mother-In-Law

BULLETIN: (UPDATED 5:35 P.M. EDT U.S.A.) The CFTC has gone to federal court in the Eastern District of Missouri, alleging that Grahame Rhodes of St. Louis was at the helm of a decade-long, commodity-pool Ponzi scheme aimed at family and friends. Rhodes is charged with misappropriating the entire pool while “pretending to be a successful, […]

BULLETIN: Bench Warrant Issued For Ponzi Schemer Who Ran Commodities Caper, Ripped Off Condo Association To Keep Scheme Afloat And Appeared On CNBC As Trading Analyst, CFTC Says

BULLETIN: Bench Warrant Issued For Ponzi Schemer Who Ran Commodities Caper, Ripped Off Condo Association To Keep Scheme Afloat And Appeared On CNBC As Trading Analyst, CFTC Says

BULLETIN: A federal judge has frozen the assets of a trader and television analyst charged criminally by a New York County grand jury with multiple felonies in an alleged commodity-pool Ponzi scheme and charged civilly by the U.S. Commodity Futures Trading Commission in the same caper. Brian Kim, 35, is a “fugitive,” declared Manhattan District […]

CFTC Alleges ‘Blatant Effort To Intimidate’ Investors Ripped Off In $50 Million Fraud; Asset Freeze Granted In Case Originally Filed Under Seal; Alleged Bid To Chill Customers Reminiscent Of Actions Taken By Some ASD Members

CFTC Alleges 'Blatant Effort To Intimidate' Investors Ripped Off In $50 Million Fraud; Asset Freeze Granted In Case Originally Filed Under Seal; Alleged Bid To Chill Customers Reminiscent Of Actions Taken By Some ASD Members

UPDATED 12:21 P.M. ET (U.S.A.) In a case that outlines allegations of intimidation reminiscent of efforts undertaken by some members of AdSurfDaily to frighten investors, a Utah federal judge has frozen the assets of a Texas man and entered an order prohibiting the destruction of books and records. Robert J. Andres and an unincorporated firm […]