FinanceMagnates
A federal court has dealt a major blow to an
international fraud network that deceived investors through fake binary options
platforms. The U.S. District Court for the Northern District of
Illinois ordered five offshore firms and three individuals to pay over $451
million in restitution and penalties after they were found guilty of defrauding
customers worldwide…
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US Court Orders Trading Firms to Pay $451M Over Binary Options Fraud
Jared Kirui
04:21
A federal court has dealt a major blow to an international fraud network that deceived investors through fake binary options platforms. The U.S. District Court for the Northern District of Illinois ordered five offshore firms and three individuals to pay over $451 million in restitution and penalties after they were found guilty of defrauding customers