Federal futures regulators said Thursday that three Broward businessmen will pay $35 million in fine and penalties in connection with operating a fraudulent precious metal scheme out of the now-defunct AmeriFirst Management LLC.
The U.S. Commodity Futures Trading Commission said it had obtained a federal court consent order last month requiring John P. D’Onofrio of Fort Lauderdale, George E. Sarafianos of Lighthouse Point and Scott D. Piccininni of Fort Lauderdale, to pay about than $25 million in restitution and a $10 million civil monetary penalty.
