Systematic Alpha Management News Today

FLORIDA (CMC): A chief executive officer of an investment firm, who transferred crime proceeds to foreign bank accounts his co-conspirator controlled in Belarus and Dominica, has been sentenced to two years in prison. In addition, Peter Kambolin,...

The CEO of an investment firm has been handed a two-year prison term by United States authorities for his role in a fraudulent cryptocurrency scheme.  What Happened: Peter Kambolin, the executive of Systematic Alpha Management, was found guilty of conducting a “cherry-picking” scam that cheated investors by misallocating profitable trades.

The former chief executive of an investment firm has been sentenced to two years in prison for a “cherry-picking” scheme involving crypto derivatives. In a…

Peter Kambolin of Systematic Alpha Management pleaded guilty to a “cherry-picking” scheme, in which he fraudulently misappropriated profitable trades to himself, and saddled his investors with losses.

A former CEO of an investment firm has admitted to engaging in a “cherry-picking” scheme regarding crypto futures contracts and foreign exchange contracts.…

Former CEO of Systematic Alpha Management LLC (SAM), Peter Kambolin, pleaded guilty to his involvement in a cross-border scheme

Peter Kambolin, the former CEO of an investment firm has pled guilty to running a “cherry picking” scheme which offered algorithmic trading of crypto and commodities futures contracts. He faces up to 5 years in prison.

The former CEO of an investment firm marketed as offering algorithmic trading strategies involving crypto futures contracts is pleading guilty to running a…

<p><span>The Commodity Futures Trading Commission today announced it filed a complaint in the U.S. District Court for the Southern District of Florida against Systematic Alpha Management, LLC (SAM), a registered commodity trading advisor (CTA) and commodity pool operator (CPO), and Peter Kambolin, its owner and registered associated person, of Sunny Isles Beach, Florida.</span></p>