Eight-year-old enforcement action finally ends in sanctions
Instead of trading profits, scheme stashed investors' money in bullion
Court ruled that payments investors received were fraudulent, must be voided
Scheme allegedly promised high returns from AI-powered trading bots
U.S. advisor accused of running an investment fraud since exiting industry
Private investment fund operated as a Ponzi scheme
Regulator issues permanent ban in fraud, illegal distribution case
Regulator alleges that alt lender began using investor money to pay returns
More than US$40M raised from investors on false promise of automated trading returns
Real estate investment scheme was touted on YouTube and Facebook