ATLANTA AP - A former commodities pool operator and his company must pay civil penalties of $5.8 million for a Ponzi scheme in which investors lost more than $21 million.The Commodity Futures Trading Commission said Friday that U.S. District Court Judge Jack T. Camp also ordered Renaissance Asset Management, through which Anthony M.
February 27, 2009 at 12:00 AM
1 minute read
ATLANTA AP – A former commodities pool operator and his company must pay civil penalties of $5.8 million for a Ponzi scheme in which investors lost more than $21 million.
The Commodity Futures Trading Commission said Friday that U.S. District Court Judge Jack T. Camp also ordered Renaissance Asset Management, through which Anthony M. Ramunno Jr. operated, to repay more than 90 investors $21.2 million.
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