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Federal Court Orders Four Feeder Fund Operators to Pay Over $10 Million for Forex Fraud

From cftc.gov

The Commodity Futures Trading Commission today announced Judge Carlos Mendoza of the U.S. District Court for the Middle District of Florida entered consent orders against Florida residents Surujpal Sahdeo, Daniel Cologero, and Randy Rosseau and New Jersey resident Hemraj Singh, and their respective companies SR&B Investment Enterprises, Inc., Green Knight Investments, LLC, Bull Run Advantage, LLC, and King Royalty, LLC, whose feeder funds operated as commodity pool frauds against their customers. The defendants also failed to register with the CFTC, as required by the Commodity Exchange Act (CEA), and violated CFTC ... (full story)

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