Credit: Inok/Adobe Stock Texas Judge Gives Receiver in Commodities Fraud the Go-Ahead to Clawback $12M
This latest action is part of a larger lawsuit brought by the Commodity Futures Trading Commission on behalf of approximately 1,600 elderly Americans that bought gold and silver bullion at prices averaging from 100% to more than 200% actual value.
March 10, 2023 at 03:35 PM
3 minute read
Capital Markets
A court-appointed receiver tasked with collecting assets from a nationwide commodities fraud scheme got the go-ahead to clawback another $12 million from brokers that profited from allegedly ill-gotten commissions.
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