CFTC Charges Connecticut Resident Feisal Sharif with Operating a $5.4 Million Commodity Pool Ponzi Scheme and Misappropriating at least $900,000 of Pool Participants’ Funds
11/27/2012 11:51 AM EST
The CFTC filed a civil enforcement action charging defendant Feisal Sharif of Branford, Conn., with operating a commodity pool Ponzi scheme that solicited approximately $5.4 million from at least 50 people to invest in a commodity pool named First Financial, LLC.
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