CFTC-PR-9019-24 (12-12-24) (CFTC-PR-2412) Federal Court Orders Minnesota Man and Two Companies to Pay Over $2 Million for Futures Fraud and Misappropriation Excerpt: December 12, 2024 – WASHINGTON, D.C. — The Commodity Futures Trading Commission today announced the U.S. District Court for the District of Minnesota issued an order of default judgment against Richard “Rick” Miller and his company, Flip 2 […]
Category: Misappropriation
Misappropriation is a serious offense that can have devastating consequences for individuals, businesses, and the economy. Understanding the different forms of misappropriation is crucial for protecting your rights and assets. Implementing robust security measures, promoting ethical practices, and seeking legal counsel when necessary can help mitigate the risks associated with misappropriation and maintain a fair and just society.
CFTC-PR-9017-24 (12-11-24) (CFTC-PR-2412) Los Angeles Federal Court Orders Five Individuals to Pay Over $5 Million for Digital Asset Fraud and Misappropriation Scheme Excerpt: December 11, 2024 – WASHINGTON, D.C. — The Commodity Futures Trading Commission today announced U.S. District Court, Central District of California, issued a consent order against Marco A. Ruiz Ochoa of Nashua, New Hampshire, and an […]
CFTC-PR-9016-24 (12-11-24) (CFTC-PR-2412) Federal Court Orders North Carolina Companies and Their Owners to Pay Over $5.3 Million for Forex Fraud Excerpt: December 11, 2024 – WASHINGTON, D.C. — The Commodity Futures Trading Commission today announced the U.S. District Court for the Western District of North Carolina issued an order for summary judgment and a permanent injunction against Storm Bryant and Elijah […]
CFTC-PR-9015-24 (12-10-24) (CFTC-PR-2412) CFTC Charges Washington State Pastor with Fraud, Misappropriation in Multilevel Marketing Scheme Targeting Hispanic Americans Excerpt: December 10, 2024 – WASHINGTON, D.C. — The Commodity Futures Trading Commission today announced a civil enforcement action in the U.S. District Court for the Eastern District of Washington against Francier Obando Pinillo, doing business as Solanofi, Solano Partners Ltd., and Solano […]
Misappropriation – Article ( Articles ) Misappropriation (Misapp) Introduction Misapp refers to the wrongful taking or use of another person’s property, assets, or intellectual property without their consent. It encompasses a range of illegal activities that can harm individuals, businesses, and the economy as a whole. Understanding the different forms of misappropriation is crucial for protecting […]
SEC-LR-26171 (11-19-24) Frank Igwealor et al. (SEC) Litigation Release No. 26171 / November 19, 2024 SEC v. Frank Igwealor, Patience Ogbozor, Alpharidge Capital LLC, American Community Capital LP, GiveMePower, Inc., Kid Castle Educational Corporation, Los Angeles Community Capital, and Video River Networks, Inc., No. 2:24-cv-09941 (C.D Cal. filed Nov. 18, 2024) SEC Charges CEO with […]
CFTC-PR-9007-24 (11-14-24) (CFTC-PR-2411) Customer Alert Regarding CFTC v. Traders Domain FX Ltd Excerpt: November 14, 2024 – WASHINGTON, D.C. — The Commodity Futures Trading Commission’s Division of Enforcement today alerts customers on how to respond to a civil enforcement action it filed Sept. 30, against Traders Domain FX Ltd., and other defendants. Customers who believe they […]