WEST PALM BEACH, Fla. - A federal judge in Florida on April 24 signed consent orders in which defendants agreed to pay nearly $55 million to end a suit in which the U.S. Commodity Futures Trading Commission (CFTC) alleged that they orchestrated a $28 million Ponzi scheme to defraud investment clubs (Commodity Futures Trading Commission v. Philip Milton, et al., No. 10-80738, S.D. Fla.)....(read more)![]()
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