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CFTC Charges “My Forex Funds” with Fraudulently Taking Over $300 Million From Customers Hoping to Become Professional Traders - Forex Factory

From cftc.gov

The Commodity Futures Trading Commission today announced it filed a complaint in the U.S. District Court for the District of New Jersey against Murtuza Kazmi, formerly of Phillipsburg, New Jersey, and his companies, Traders Global Group Inc., a New Jersey corporation and Traders Global Group Inc., a Canadian business organization, all doing business as “My Forex Funds.” The complaint charges them with fraudulently soliciting customers to trade leveraged, margined, or financed retail foreign exchange (retail forex), and leveraged retail commodity transactions. On August 29, U.S. District Court Judge Robert B. ... (full story)

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2023-09-01 20:55:00Z
CBMiXmh0dHBzOi8vd3d3LmZvcmV4ZmFjdG9yeS5jb20vbmV3cy8xMjM5MjI2LWNmdGMtY2hhcmdlcy1teS1mb3JleC1mdW5kcy13aXRoLWZyYXVkdWxlbnRseS10YWtpbmfSAWJodHRwczovL3d3dy5mb3JleGZhY3RvcnkuY29tL25ld3MvMTIzOTIyNi1jZnRjLWNoYXJnZXMtbXktZm9yZXgtZnVuZHMtd2l0aC1mcmF1ZHVsZW50bHktdGFraW5nL2FtcA

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