Federal Court Orders Unregistered Michigan Pool Operator and its President to Pay Over $13 Million for Forex Fraud
July 02, 2024
July 02, 2024
WASHINGTON, July 2 -- The Commodity Futures Trading Commission issued the following enforcement news release:
-- The Commodity Futures Trading Commission today announced Judge Sean F. Cox of the U.S. District Court for the Eastern District of Michigan entered a supplemental consent order against and his firm ., both based in the West Bloomfield, Michigan area.
The supplemental consent order requires Foster and KEL to pay, jointly and severally, $4,548,390.51 in resti . . .
-- The Commodity Futures Trading Commission today announced Judge Sean F. Cox of the U.S. District Court for the Eastern District of Michigan entered a supplemental consent order against and his firm ., both based in the West Bloomfield, Michigan area.
The supplemental consent order requires Foster and KEL to pay, jointly and severally, $4,548,390.51 in resti . . .