Currency Trading Program News Today

History. >> by luck or by circumstance was inserted into this scheme. >> reporter: then money manager, now convicted felon, trevor cook told investors he was running a risk-free foreign currency trading program. >> theres no risk, okay? riskless transactions. >> reporter: in fact though, more than 900 investors lost nearly $160 million. >> everything is gone. i have lost everything. >> reporter: government accused cook of running a ponzi scheme out of this minneapolis mansion. nearly six months ...

Ponzi schemes in minnesotas history. >> i, by luck or by circumstance, was inserted into this scheme. >> reporter: then money manager, now convicted felon, trevor cook, told investors he was running a risk-free foreign currency trading program. >> theres no risk. okay, riskless transactions. >> reporter: in fact, though, more than 900 investors lost nearly $160 million. >> everything is gone. ive lost everything. >> reporter: the government accused cook of running a ponzi scheme out of this minn...