Back

CFTC files complaint over alleged $950 million forex Ponzi scheme

Verifying
  • CFTC filed a complaint against Cash FX Group, The Conversion Pros, and three individuals.
  • $950 million was allegedly solicited, while participants lost at least $406 million.
  • Cash FX allegedly used new contributions and false statements to portray fictitious trading profits.
The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.