Utah Man Fined For Defrauding Japanese Customers

Federal regulators have fined a Roy man and his Ogden company $1 million and ordered him to repay customers $641,000 for defrauding Japanese citizens in a foreign exchange contracts trading operation that investigators said had characteristics of a Ponzi scheme. The Commodity Futures Trading Commission imposed the penalties on Scott A.

Sections:  u.s.   
Topics:  Utah   Salt Lake County   Salt Lake City   
RELATED ARTICLES
BING NEWS:
  • Japanese ‘sugar baby’ sent to prison for swindling men out of $1 million and selling a guide on how to do it: ‘She took advantage of feelings for her’
    “Sugar babies,” or people who typically seek financial support from an older romantic partner, are used to receiving a lot, be it lavish jewelry, vacations, or cars—but one 25-year-old woman got ...
    04/23/2024 - 8:14 am | View Link
  • Japan is sending a 'sugar baby' to prison for 9 years for defrauding men out of $1M and selling a manual on how to do it
    Japanese 'sugar baby' Mai Watanabe was sentenced to 9 years in prison for defrauding men on dating apps and selling a manual on how to do it.
    04/23/2024 - 1:15 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More U.s. News