Forex cons caught red-handed
The order found that Millenium's sales force and Stanton fraudulently solicited members of the general public to open accounts to trade off-exchange foreign exchange futures and options between April 2004 and October 2005.
Illegal activities included taking $49,000 from a customer for invest-ment in FX futures, which was never placed in an account. Instead, Millenium and Stanton used the money for their own benefit.
Millenium was also acting as an agent of Worldwide during the time, so Worldwide
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