Federal Judge Orders Injunction, Monetary Penalties In Ponzi Case
CHARLOTTE, N.C. – In a Ponzi scheme case, a federal judge in North Carolina on Jan. 11 granted the U.S. Commodity Futures Trading Commission’s (CFTC) request for a permanent injunction, restitution and a civil monetary penalty against the defendants and a request for disgorgement against the relief defendants (U.S. Commodity Futures Trading Commission v. Capitalstreet Financial LLC, et al., No. 09-00387, W.D. N.C.; 2012 U.S. Dist. LEXIS 3705).
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Case, Federal, injunction, Judge, Monetary, Orders, penalties, Ponzi