Articles Tagged with Dante Giovannetti

The U.S. Commodity Futures Trading Commission (CFTC) has charged Emini Experts LLC (Emini), Capital Trading Concepts LLC (Capital Trading), and Dante S. Giovannetti (Giovannetti), all of Orlando, Florida, with a fraudulent investment scheme in which they used fictitious trading account statements to solicit nearly $700,000 from investors.

The CFTC complaint alleges that the false trading account statements show tens of millions of dollars in fictitious profits from trading Emini S&P 500 futures contracts and over $53 million in cash on deposit as of July 31, 2014. The complaint further alleges that Emini, Capital Trading, and Giovannetti acted as unregistered Commodity Pool Operators and co-mingled pool funds with non-pool property. Continue Reading