Victims enticed to transfer funds to InvestTechFX accounts
Forex trader lost half of investors’ funds and spent or pocketed the rest
Victims were convinced to invest in a pool of funds to be traded in the foreign-currency exchange market
Regulators in B.C. and Quebec issued warnings about firm back in 2011
Trading by Australian company led to losses of over 60% of the value of investors’ portfolios
Regulators reviewing possible manipulation of foreign exchange markets
Regulator accuses man of misrepresenting commissions to his clients, online brokerage firms
New Found Freedom Financial founders banned
Advisory sets out expectations with respect to the management of foreign exchange settlement risk by banks
Investors trading contracts advised to get expert advice