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Friday, May 25, 2012

CFTC charges Chicagoan with $7.8M commodity fraud

CFTC charges Chicagoan with $7.8M commodity fraud

Washington, DC - The U.S. Commodity Futures Trading Commission (CFTC) today filed a complaint in the U.S. District Court for the Northern District of Illinois, charging Bradley Scott Schiller of Chicago, Ill., with solicitation fraud, misappropriating investors’ funds, and issuing false statements in connection with soliciting at least $7.8 million from at least six investors to trade commodity futures contracts in managed accounts.

1 comment:

  1. Commodity frauds are common these days and to avoid them this is the best punishment

    ReplyDelete

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