US Regulators Go After Commodities Business

The big guys like JPMorgan Chase are being examined for fraud in the commodities markets.  The U.S. Commodity Futures Trading Commission (CFTC) announced that Paul Greenwood of North Salem, New York, who operated a $1.3 billion investment scam where he and a co-Defendant misappropriated at least $554 million from commodity pool participants, was sentenced to 10 years in federal prison for charges related to his participation in the scam.  Commodities are commanding the attention of US regulators.
Oil, Uranium, Coal

 

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