Tag Archives: Metals

CFTC $5.5mn FCM Metals Fraud

On June 13, CFTC charged FCM in $5.5mn precious metal scam. Enforcement action against Omega Knight 2, Aviv Michael Hen, and Erez Hen. Alleged Violations For making false statements to sell leveraged, financed, and fully-paid trades. 90 customers paid total of $5.5mn in connection with these false transactions. Funds paid personal, business expenses and so…
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