Forex Fraud - CFTC Charges Juvenal Machado And Invers Forex LLC

CFTC Charges Juvenal Machado and Florida-based Invers Forex, LLC wi...
The CFTC filed an enforcement action charging Juvenal Eduardo Machado and his Miami, Fla.-based company, Invers Forex, LLC, with defrauding approximately $786,000 from at least 28 customers, including Machado’s friends, neighbors and members of his church, through a retail foreign currency Ponzi scheme.

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Tags: CFTC, Forex Fraud

Comment by Francesc Riverola on June 25, 2011 at 7:22pm
A close friend, isn't he ? :(

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