Philippines
2023-11-08 16:27
IndustryCFTC Sues Coby Young Over $300,000 Forex Scam and Pool Misconduct
The Commodity Futures Trading Commission (CFTC) has officially filed a legal complaint against Coby Young of Illinois and his company, Young Emerging Strategies LLC, for allegedly engaging in deceptive forex trading practices and violating commodity pool operational rules.
The defendants are accused of a variety of violations, including fraudulent activities in leveraged forex transactions, misdeeds by a commodity pool operator, breaches of registration requirements, failures in disclosure and record keeping, and improper pool asset mixing, according to the complaint filed in the United States District Court for the Northern District of Illinois.
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CFTC Sues Coby Young Over $300,000 Forex Scam and Pool Misconduct
Philippines | 2023-11-08 16:27
The Commodity Futures Trading Commission (CFTC) has officially filed a legal complaint against Coby Young of Illinois and his company, Young Emerging Strategies LLC, for allegedly engaging in deceptive forex trading practices and violating commodity pool operational rules.
The defendants are accused of a variety of violations, including fraudulent activities in leveraged forex transactions, misdeeds by a commodity pool operator, breaches of registration requirements, failures in disclosure and record keeping, and improper pool asset mixing, according to the complaint filed in the United States District Court for the Northern District of Illinois.
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