CFTC Orders Florida Firms, Joseph Glenn Commodities LLC and JGCF LLC, and Owners Scott Newcom and Anthony Pulieri to Pay over $1 Million in Restitution and Penalties for Fraudulent Off-Exchange Transactions in Precious Metals with Retail Customers
03/27/2013 10:32 AM EDT
The CFTC issued an Order filing and settling charges against two Boca Raton, Fla., companies, Joseph Glenn Commodities LLC and JGCF LLC, and their sole owners and principals, Scott Newcom and Anthony Pulieri, for engaging in illegal, fraudulent off-exchange financed transactions in precious metals with retail customers.
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