Dec 28, 2020

Largo Florida CFTC Commodities Law Defense Attorney

William Seigler of Largo Florida was charged by the U.S. Commodity Futures Trading Commission for offering illegal off-exchange foreign currency options. According to the court order, Mr. Seigler and his company Sonoma Trading Corporation violated provisions of the Commodity Exchange Act. Mr. Seigler’s investors used his company’s website for online trading for which he would transfer to an account he held in San Jose, Costa Rica. Mr. Seigler, however, wasn’t registered with the Commission and was found by the court to have offered illegal off-exchange options contracts and to have failed to register as a futures commission merchant. In the court’s final judgment, Mr. Seigler was ordered to pay a civil monetary penalty of $500,000. Do You Need a CFTC Defense Lawyer? The United States Commodity Futures Trading Commission (CFTC) has filed many administrative proceedings actions against Florida-based Futures Commission Merchants (FCMs), Introducing Brokers (IBs), Commodity Pool Operators (CPOs), and Commodity Trading Advisors (CTAs) or filed Federal court actions against those industry members and others not registered with the agency for allegedly engaged in violation of the Commodity Exchange Act (CEA) through alleged market manipulation schemes or fraudulent cash and/or leveraged coin and/or bullion transactions. CFTC Defense Trial Lawyer Serving All of Largo Florida Attorney Pearce’strial lawyer defense skills are highly regarded throughout Largo Florida and across the nation.  He began his career with Florida and expanded his nationwide SEC securities law defense practice to include commodities law and the defense of CFTC investigations and enforcement proceedings. Free Initial Consultation With Securities, Commodities and Investment Dispute Lawyers Serving Largo Florida Residents The Law Offices of Robert Wayne Pearce, P.A. understands what is at stake in commodities law matters and investment disputes, and works tirelessly to secure the best possible result for you and your case.  Mr. Pearce provides a complete case review, identifies the strengths and weaknesses of your case, and fully explains all of your legal options.  For dedicated representation by a law firm with over 40 years of experience and success in all kinds of commodities law disputes serving Largo Florida citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail.

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Dec 24, 2020

Sunny Isles Beach Florida CFTC Commodities Law Defense Lawyer

William Hionas of Sunny Isles Beach Florida was charged by the U.S. Commodity Futures Trading Commission (CFTC) for committing fraudulent off-exchange transactions in precious metals. Mr. Hionas was owner of companies Pan American Metals of Miami LLC and Pan American Metals of Miami Beach Inc. He solicited more than $4.7 million from customers in the U.S. and Canada. According to the release, Mr. Hionas’ companies claimed to sell and transfer ownership of precious metals to customers. Upon investigation, it was found that the Pan American Companies did not store precious metals on the behalf of costumers and, instead, Mr. Hionas used client funds for personal expenses. Mr. Hionas and his companies were ordered by the CFTC to pay restitution in the amount of $3.2 million and pay a civil monetary penalty of $1.5 million. Do You Need a CFTC Defense Attorney? The CFTC has filed many administrative proceedings actions against Sunny Isles Beach Florida -based Futures Commission Merchants (FCMs), Introducing Brokers (IBs), Commodity Pool Operators (CPOs), and Commodity Trading Advisors (CTAs) or filed Federal court actions against those industry members and others not registered with the agency for allegedly engaged in violation of the Commodity Exchange Act (CEA) through alleged market manipulation schemes or fraudulent cash and/or leveraged coin and/or bullion transactions. CFTC Defense Trial Lawyer Serving All of Sunny Isles Beach Florida Attorney Pearce’strial lawyer defense skills are highly regarded throughout Sunny Isles Beach Florida and across the nation.  He began his career with Florida and expanded his nationwide SEC securities law defense practice to include commodities law and the defense of CFTC investigations and enforcement proceedings. Free Initial Consultation With Securities, Commodities and Investment Dispute Lawyers Serving Sunny Isles Beach Florida Residents The Law Offices of Robert Wayne Pearce, P.A. understands what is at stake in commodities law matters and investment disputes, and works tirelessly to secure the best possible result for you and your case.  Mr. Pearce provides a complete case review, identifies the strengths and weaknesses of your case, and fully explains all of your legal options.  For dedicated representation by a law firm with over 40 years of experience and success in all kinds of commodities law disputes serving Sunny Isles Beach Florida citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail. 

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Dec 23, 2020

Homestead Florida CFTC Commodities Law Defense Lawyer

Jeremy Globe of Homestead Florida was charged by the U.S. Commodity Futures Trading Commission (CFTC) for making false statements to the National Futures Association (NFA). Mr. Globe told clients at Globe FX Club Inc. that their funds would be pooled and he would manage their accounts. These statements were found to be false by the CFTC and it was determined that Mr. Globe made false or fraudulent statements to the NFA while the NFA was investigating Globe FX Club Inc. In the court’s final judgment, Mr. Globe and his company were ordered by the CFTC to pay a $350,000 civil monetary penalty for concealing material facts and making false statements or misrepresentations to the National Futures Association. Mr. Globe and Globe FX Club Inc. were also permanently prohibited from violating the Commodity Exchange Act. Do You Need a CFTC Defense Attorney? The CFTC has filed many administrative proceedings actions against Homestead Florida-based Futures Commission Merchants (FCMs), Introducing Brokers (IBs), Commodity Pool Operators (CPOs), and Commodity Trading Advisors (CTAs) or filed Federal court actions against those industry members and others not registered with the agency for allegedly engaged in violation of the Commodity Exchange Act (CEA) through alleged market manipulation schemes or fraudulent cash and/or leveraged coin and/or bullion transactions. CFTC Defense Trial Lawyer Serving All of Homestead Florida Attorney Pearce’strial lawyer defense skills are highly regarded throughout Homestead Florida and across the nation.  He began his career with Florida and expanded his nationwide SEC securities law defense practice to include commodities law and the defense of CFTC investigations and enforcement proceedings. Free Initial Consultation With Securities, Commodities and Investment Dispute Lawyers Serving Homestead Florida Residents The Law Offices of Robert Wayne Pearce, P.A. understands what is at stake in commodities law matters and investment disputes, and works tirelessly to secure the best possible result for you and your case.  Mr. Pearce provides a complete case review, identifies the strengths and weaknesses of your case, and fully explains all of your legal options.  For dedicated representation by a law firm with over 40 years of experience and success in all kinds of commodities law disputes serving Homestead Florida citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail.

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Dec 22, 2020

Chuluota Florida CFTC Commodities Law Defense Lawyer

John Wilkins of Chuluota Florida was charged by the U.S. Commodity Futures Trading Commission (CFTC) for fraud, misappropriation, and making false statements to the National Futures Association. Mr. Wilkins, owner of Altamont Global Partners LLC (AGP), orchestrated a scheme that solicited over $13 million from nearly 200 commodity pool participants. Mr. Wilkins and other defendants misappropriated more than $5.2 million of pool participants’ funds and issued false statements to pool participants that showed profits in their accounts. The misappropriated funds were spread between the defendants to live a luxurious lifestyle. The court ordered that AGP pay $10,969,843 in disgorgement and Mr. Wilkins was ordered to pay disgorgement of $1,214,902. Mr. Wilkins was also ordered to pay a civil monetary penalty of $3,644,706 and was permanently banned from the trading and registration of securities. Do You Need a CFTC Defense Attorney? The CFTC has filed many administrative proceedings actions against Chuluota Florida-based Futures Commission Merchants (FCMs), Introducing Brokers (IBs), Commodity Pool Operators (CPOs), and Commodity Trading Advisors (CTAs) or filed Federal court actions against those industry members and others not registered with the agency for allegedly engaged in violation of the Commodity Exchange Act (CEA) through alleged market manipulation schemes or fraudulent cash and/or leveraged coin and/or bullion transactions. CFTC Defense Trial Lawyer Serving All of Chuluota Florida Attorney Pearce’strial lawyer defense skills are highly regarded throughout Chuluota Florida and across the nation.  He began his career with Florida and expanded his nationwide SEC securities law defense practice to include commodities law and the defense of CFTC investigations and enforcement proceedings. Free Initial Consultation With Securities, Commodities and Investment Dispute Lawyers Serving Chuluota Florida Residents The Law Offices of Robert Wayne Pearce, P.A. understands what is at stake in commodities law matters and investment disputes, and works tirelessly to secure the best possible result for you and your case.  Mr. Pearce provides a complete case review, identifies the strengths and weaknesses of your case, and fully explains all of your legal options.  For dedicated representation by a law firm with over 40 years of experience and success in all kinds of commodities law disputes serving Chuluota Florida citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail.

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Dec 21, 2020

Coral Gables Florida CFTC Commodities Law Defense Lawyer

Guillermo Rosario of Coral Gables Florida was charged by the U.S. Commodity Futures Trading Commission (CFTC) for defrauding investors in a foreign currency scheme. Mr. Rosario was part owner of FX Professional International Solutions Inc. (FXP) and solicited at least $535,000 from four investors to trade forex contracts through FXP. Mr. Rosario falsely represented FXP trading profits, as well as made false monthly account statements showing profits for their investors. Mr. Rosario and the defendants were ordered to jointly and severally pay a civil monetary penalty of $4,080,000 and be permanently banned from trading on markets subject to the CFTC’s jurisdiction or registering with the CFTC. Do You Need a CFTC Defense Attorney? The CFTC has filed many administrative proceedings actions against [State]-based Futures Commission Merchants (FCMs), Introducing Brokers (IBs), Commodity Pool Operators (CPOs), and Commodity Trading Advisors (CTAs) or filed Federal court actions against those industry members and others not registered with the agency for allegedly engaged in violation of the Commodity Exchange Act (CEA) through alleged market manipulation schemes or fraudulent cash and/or leveraged coin and/or bullion transactions. CFTC Defense Trial Lawyer Serving All of Coral Gables Florida Attorney Pearce’strial lawyer defense skills are highly regarded throughout Coral Gables Florida and across the nation.  He began his career with Florida and expanded his nationwide SEC securities law defense practice to include commodities law and the defense of CFTC investigations and enforcement proceedings. Free Initial Consultation With Securities, Commodities and Investment Dispute Lawyers Serving Coral Gables Florida Residents The Law Offices of Robert Wayne Pearce, P.A. understands what is at stake in commodities law matters and investment disputes, and works tirelessly to secure the best possible result for you and your case.  Mr. Pearce provides a complete case review, identifies the strengths and weaknesses of your case, and fully explains all of your legal options.  For dedicated representation by a law firm with over 40 years of experience and success in all kinds of commodities law disputes serving Coral Gables Florida citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail.

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Dec 17, 2020

Palm Bay Florida CFTC Commodities Law Defense Attorney

Donovan Davis Jr. of Palm Bay Florida is currently under investigation by the U.S. Commodity Futures Trading Commission (CFTC) for operating a fraudulent commodity pool. Mr. Davis and the defendants are alleged to have told investors that their funds would be pooled with other investor funds but he instead split the monies to trade in forex futures and options. The defendants also allegedly deposited millions in Capital Blu Management, LLC accounts that the defendants used for personal expenses like luxury cars and private jet charters. In the fraudulent commodity scheme, the defendants allegedly solicited approximately $17 million ($7 million of which was lost in trade) from 100 investors. While the case is currently under investigation, Donovan Davis is facing five counts of wire fraud and one count of money laundering. Do You Need a CFTC Defense Lawyer? The CFTC has filed many administrative proceedings actions against Florida-based Futures Commission Merchants (FCMs), Introducing Brokers (IBs), Commodity Pool Operators (CPOs), and Commodity Trading Advisors (CTAs) or filed Federal court actions against those industry members and others not registered with the agency for allegedly engaged in violation of the Commodity Exchange Act (CEA) through alleged market manipulation schemes or fraudulent cash and/or leveraged coin and/or bullion transactions. CFTC Defense Trial Lawyer Serving All of Palm Bay Florida Attorney Pearce’strial lawyer defense skills are highly regarded throughout Palm Bay Florida and across the nation.  He began his career with Florida and expanded his nationwide SEC securities law defense practice to include commodities law and the defense of CFTC investigations and enforcement proceedings. Free Initial Consultation With Securities, Commodities and Investment Dispute Lawyers Serving Palm Bay Florida Residents The Law Offices of Robert Wayne Pearce, P.A.understands what is at stake in commodities law matters and investment disputes, and works tirelessly to secure the best possible result for you and your case.  Mr. Pearce provides a complete case review, identifies the strengths and weaknesses of your case, and fully explains all of your legal options.  For dedicated representation by a law firm with over 40 years of experience and success in all kinds of commodities law disputes serving Palm Bay Florida citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail.

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Dec 8, 2020

Miami Lakes Florida CFTC Commodities Law Defense Attorney

Claudio Aliaga of Miami Lakes Florida was charged by the U.S. Commodity Futures Trading Commission (CFTC) for operating a forex Ponzi scheme. Mr. Aliaga, owner of CMA Capital Management LLC, allegedly solicited over $4.5 million from more than 125 investors over the course of three years. Mr. Aliaga promised investors that he would put their monies in a pool that would later be used in the trade of foreign currency. However, in a classic Ponzi scheme, Mr. Aliaga kept clients funds for his personal expenses, giving funds from newer investors to older ones. To conceal the crime, Mr. Aliaga also created false account statements that reflected positive returns based on his supposed trading. In the court’s final judgment, Mr. Aliaga was ordered to pay $5.5 million in restitution and civil monetary fees. The CFTC has filed many administrative proceedings actions against Florida-based Futures Commission Merchants (FCMs), Introducing Brokers (IBs), Commodity Pool Operators (CPOs), and Commodity Trading Advisors (CTAs) or filed Federal court actions against those industry members and others not registered with the agency for allegedly engaged in violation of the Commodity Exchange Act (CEA) through alleged market manipulation schemes or fraudulent cash and/or leveraged coin and/or bullion transactions. CFTC Defense Trial Lawyer Serving All of Miami Lakes Florida Attorney Pearce’strial lawyer defense skills are highly regarded throughout Miami Lakes Florida and across the nation.  He began his career with Florida and expanded his nationwide SEC securities law defense practice to include commodities law and the defense of CFTC investigations and enforcement proceedings. Free Initial Consultation With Securities, Commodities and Investment Dispute Lawyers Serving Miami Lakes Florida Residents The Law Offices of Robert Wayne Pearce, P.A. understands what is at stake in commodities law matters and investment disputes, and works tirelessly to secure the best possible result for you and your case.  Mr. Pearce provides a complete case review, identifies the strengths and weaknesses of your case, and fully explains all of your legal options.  For dedicated representation by a law firm with over 40 years of experience and success in all kinds of commodities law disputes serving Miami Lakes Florida citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail.

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