United States Commodity Futures Trading Commission v. Hunter Wise Commodities, LLC., Hunter Wise Services, LLC., Hunter Wise Credit, LLC., Hunter Wise Trading, LLC., Lloyds Commodities, LLC., Lloyds Commodities Credit Company, LLC., Lloyds Services, LLC., C.D. Hopkins Financial, LLC., Hard Asset Lending Group, Blackstone Metals Group, LLC., Newbridge Alliance, Inc., and…
Precious Metals Fraud and Misrepresentation: CFTC Charges Hunter Wise Commodities, Lloyds Commodities, C.D. Hopkins Financial, United States Capital Trust, Newbridge Alliance, Blackstone Metals Group, and their Principals in Multi-Million Dollar Fraudulent Precious Metals Scheme CFTC alleges that defendants conducted illegal, off-exchange commodity transactions, and deceived customers in connection with financed…
Securities and Exchange Commission v. A.L. Waters Capital, LLC, et al., Civil Action No. 12-cv-10783-DJC (District of Massachusetts) United States of America v. Arnett L. Waters, Criminal No. 12-cr-10336-DJC (District of Massachusetts) Defendant in SEC Action Charged by United States Attorney’s Office for the District of Massachusetts The Securities and…
Securities and Exchange Commission v. 3 Eagles Research & Development LLC, Harry Dean Proudfoot III, Matthew Dale Proudfoot, Laurie Anne Vrvilo and Dennis Ashley Bukantis, Civil Case No. 3:12-cv-01289-ST (D. Oregon, filed July 17, 2012) SEC Charges Family-Run Business Promising Investors Stake in Purported $11 Billion Gold Mine July, 2012:…
Precious Metals Boiler Rooms: Historically, “Boiler Rooms” were associated with securities and commodity futures trading. Generally, a “boiler room” is defined as a place where high-pressure salespeople use banks of telephones to “cold” call lists of potential investors (known in the trade as sucker lists) in order to peddle speculative, even…
The Goldline International Customer Agreement: As indicated in an earlier Goldline International blog, a case seeking class action certification was filed in the United States District Court for the District of South Carolina, Greenville Division styled Tim Clark; Johanna Clougherty; Michael Clougherty; on behalf of themselves and all other similarly…
NASAA Cautions Investors Mining for Golden Opportunities: WASHINGTON (October 20, 2010) – With gold prices reaching record highs, investors are increasingly turning to gold-related investments. The North American Securities Administrators Association (NASAA) today reminded investors to be cautious about jumping onto the gold bandwagon. “The soaring price of gold has…