Federal Court Concludes Receivership In CFTC Ponzi Scheme Action Resulting In The Recovery Of Over $1 Billion
<p><span>The Commodity Futures Trading Commission today announced the successful conclusion of the receivership in CFTC v. Walsh, et al., a $1.3 billion Ponzi scheme case the CFTC filed in 2009. [See CFTC Press Release No. </span><a href="https://www.cftc.gov/PressRoom/PressReleases/5621-09">5621-09</a><span>]. On September 19, the U.S. District Court for the Southern District of New York approved the receiver’s final account and report, discharged the receiver, and accepted the receiver’s request to deposit the remaini...
Source: mondovisione.com