CFTC Charges Florida Man with Fraudulent Solicitation of Over $800,000 and Misappropriation in Futures Scheme
Federal Court Ordered Cox to Pay Over $900,000 in Restitution and Penalties in Prior CFTC Fraud Action.
Source: pressreleasepoint.com
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Federal Court Ordered Cox to Pay Over $900,000 in Restitution and Penalties in Prior CFTC Fraud Action.
<p><span>The Commodity Futures Trading Commission today announced that it filed a civil enforcement action in the Southern District of Florida against <span>Rico Cox</span> of Fort Lauderdale, Florida. </span><span>The complaint alleges that, for a second time, Cox </span><span>fraudulently solicited and accepted funds, this time at least $842,900 that was intended for commodity futures trading. Cox has never been registered with the CFTC.</span></p>