Tag: U.S. District Judge Barbara M. G. Lynn
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URGENT >> BULLETIN >> MOVING: In Separate Cases, Federal Judges Issue Orders To Halt Alleged Forex Fraud Schemes In Texas And Colorado; CFTC Says 1 Case Involves Bogus Miracle Robot And Bogus Utah Office, The Other Involves A Straight Ponzi Targeted At People Of Faith
EDITOR’S NOTE: Although not reflected in the headline above, one of the alleged scammers referenced in a new case below — Nicholas Trimble of Colorado — is alleged to have targeted an alleged scammer in a months-old case: Jeffery Groendyke of Michigan. Details below.) URGENT >> BULLETIN >> MOVING: In Colorado, U.S. District Judge Philip…
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CFTC Revokes Registrations Of 2 Texas Firms That Operated Forex Ponzi Scheme Targeted At Elderly Churchgoers And Others In At Least 4 States; Firms Used ‘Charts’ Showing Magnificent Earnings And Cherry-Picked Name Of Warren Buffett For Fraud Pitch
EDITOR’S NOTE: The cases against M25 Investments Inc. (M25) and M37 Investments LLC (M37) include elements that are common in online fraud schemes. For starters, the offers were targeted at senior citizens and people of faith. Moreover, the firms relied on PowerPoint presentations and charts that wowed victims with tales of fantastic earnings. The fraud…