Fraud

Missouri Attorney General Eric Schmitt warns of Potential Scams during Winter Storm

Jefferson City, MO – Jan. 12, 2019 – Missouri Attorney General Eric Schmitt yesterday issued a consumer alert warning both consumers and businesses about price gouging ahead of the winter storm that is expect to impact a large part of Missouri. Due to winter storm Gia, forecasters are projecting that most of Missouri will be affected … Continue reading Missouri Attorney General Eric Schmitt warns of Potential Scams during Winter Storm

CFTC News: Federal Court Orders Commodity Pool Operators to Pay More Than $23 Million in Restitution and Penalties for Fraud and Misappropriation of Investors Funds

Washington, DC — The Commodity Futures Trading Commission (CFTC) announced today that on December 3, a federal court in New York entered an Opinion and Order ( Opinion and Order) against defendants Haena Park, her companies Phaetra Capital GP LLC, Phaetra Capital Management LP, and Argenta Group LLC (collectively, Pool Defendants), requiring the firms to … Continue reading CFTC News: Federal Court Orders Commodity Pool Operators to Pay More Than $23 Million in Restitution and Penalties for Fraud and Misappropriation of Investors Funds

Missouri News: Missouri Attorney General Josh Hawley Obtains Second Conviction Against Former Perry County Coroner Herbert Miller

Jefferson City, MO – Missouri Attorney General Josh Hawley announced that his Office has obtained another conviction against Perry County Coroner Herbert Miller for stealing more than $3,300 dollars from Tom and Lila Welsh of Perry County, Missouri. The Missouri Attorney General’s Office previously obtained felony convictions against Miller for felony stealing and financial exploitation … Continue reading Missouri News: Missouri Attorney General Josh Hawley Obtains Second Conviction Against Former Perry County Coroner Herbert Miller

CFTC News: Federal Court Orders Defendants to Pay More Than $11 Million in Connection with Commodity Pool Fraud

Permanent injunction issued against Scott Allensworth d.b.a. Capital Growth Group Associates and Cobra Development Group, LLP, Robert J. Fusco, David Weddle in connection with two separate fraudulent commodity trading schemes Washington, DC — The Commodity Futures Trading Commission (CFTC) today announced an Order of default judgment and permanent injunction has been issued against defendants Scott … Continue reading CFTC News: Federal Court Orders Defendants to Pay More Than $11 Million in Connection with Commodity Pool Fraud

CFTC News: CFTC Wins Judgment against Commodities Trader, Mark R. Slobodnik, for Commodity Pool Fraud, Including Misappropriating Funds

Washington, DC — The Commodity Futures Trading Commission (CFTC) announced today that Defendant Mark R. Slobodnik of Libertyville, Illinois, has been ordered to pay approximately $370,000 in fines in connection with a $1.76 million commodity pool fraud operated under the name Blue Guru, LLC. Judge Manish Shah, of the U.S. District Court for the Northern … Continue reading CFTC News: CFTC Wins Judgment against Commodities Trader, Mark R. Slobodnik, for Commodity Pool Fraud, Including Misappropriating Funds

SEC News: SEC Charges Kentucky Man for Role in Nationwide Oil Investment Scheme

Securities and Exchange Commission v. Jared Gabriel Forrester, Civil Docket No. 4:18-cv-00283-RSB-JEG (S.D. Ga. filed November 30, 2018) WASHINGTON – The Securities and Exchange Commission charged a 35-year-old Kentucky man for his role in a scheme that resulted in the fraudulent offering and sale of at least $15 million of securities to more than 150 … Continue reading SEC News: SEC Charges Kentucky Man for Role in Nationwide Oil Investment Scheme

Washington State News: AG Ferguson files lawsuit against Holiday Treasure Chest founder

Ferguson alleges founder used charity funds for Match.com subscription, other personal expenses OLYMPIA, WA — State of Washington Attorney General Bob Ferguson has filed a lawsuit in King County Superior Court against the Holiday Treasure Chest Charity Foundation and its founder, Mark Bergeson, accusing him of using the charity for his own personal gain. In … Continue reading Washington State News: AG Ferguson files lawsuit against Holiday Treasure Chest founder