CFTC Fines Fraudster $47M For Investment Scam

By Sherry Mazzocchi ( March 3, 2011, 10:36 PM EST) -- The U.S. Commodity Futures and Trading Commission on Thursday imposed $46.9 million in restitution and penalties on an imprisoned California commodity pool investment manager for misappropriation of funds, wire fraud and providing false statements to customers....

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