Fla. Commodity Fraud Scheme Ends In Judgment For Millions

A federal judge in South Florida has ordered a Palm Beach Gardens man and his company to pay millions for operating an expansive commodities trading scam6 that took 2,000 investors for $28.4 million. The judgment stems from a Commodity Futures Trading Commission complaint filed in 2010 against Philip Milton and Trade, LLC. Milton will now pay restitution of $10.8 million and a $7.6 million penalty, the CFTC said, while Trade, LLC will pay restitution and penalties of $11.4 million and $24.8 million. Relief defedants in the case will pay about another $4 million. Litigation against two other men still continues, the CFTC added.

Fla. Commodity Fraud Scheme Ends In Judgment For Millions

Australian Broker Enters Plea To Trades That Only Made $371.07

SEC Charges Ill. Dad And Son In Stock Cherry-Picking Case

Authorities In Britain Arrest Ex-BlackRock Fund Manager

Orange County Yacht Dealer Is Arrested In Florida For Ponzi

Three Charged In New Jersey For Phony Facebook Stock Deal

Corporate CEO And Chairman To Pay For $3.5 Mil 'Misdirection'

'Just An Everyday Person We Trusted' To Serve Jail Time

Tom Petters Wants His Current Prison Sentence To Go Away

ASC Files Ponzi Case Charges Against Two Canadians

Feds Nail Russian Nationals At LAX After A $40 Million Scam

89 Defendants Are Arrested In $223 Million Medicare Scheme

California Man Convicted In $250 Million Real Estate Ripoff Case

Forex Ponzi Scheme Results In Court Order To Repay $23 Mil

Texas Man Gets 71 Months For Pump & Dump That Made $3 Mil

Regulator Sues Metal Dealer For Allegedly Cheating Buyers

FINRA Fines Three Companies For Ignoring Money Laundering

D.C. Judge Throws Out Charges After Seven-Year Litigation

Mortgage Servicing Company To Pay $14 Mil To Settle Lawsuit

Delray Beach Resident Charged With Fla. Land Ponzi Scheme

'Criminal Club' Member Gets Prison Time, $5 Million Fine

Feds Now Targeting Broker In Commodity Inside Trading Case

Hammer Of Justice Falls Hard On Four Chicago Scam Defendants

Former ArthroCare Executive Enters Plea To Pumping Sales

Trial Set For SAC Hedge Fund Manager Steinberg In November

Two So. Calif. 'Street Angels' Now Headed To Federal Lockup

Hedge Fund Manager Pays $4 Mil; Gets A Slap On Wrist From SEC

FINRA, SEC Issue Warning On Income Settlement Sales Deals

Indictment: South Dakota Case Included NBA Star As A Victim

California Defendant Pleads As Part Of $5 Million Scheme