US trader ordered to pay back $35m
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Thread: US trader ordered to pay back $35m

  1. #1
    EsSborTk0055
    Guest
    Lt;TABLE cellSpacing=0 cellPadding=0 border=0gt;lt;TBODYgt;lt;TRgt;lt;TDgt;Friday, 12th January 2007 06.50'm lt;/TDgt;lt;/TRgt;lt;TRgt;lt;TDgt;lt;/TDgt;lt;/TRgt;lt;TRgt;lt;TD background=images/dash_across2.gifgt;lt;/TDgt;lt;/TRgt;lt;TRgt;lt;TDgt;lt;/TDgt;lt;/TRgt;lt;TRgt;lt;TD style=TEXT-ALIGN: justifygt;A former US currency trader convicted of defrauding hundreds of investors has already been ordered to pay over USD33 million in a few of the largest fines against someone sued by the U.S. Commodity Futures Trading Commission.



    However, one of the prosecutors in the criminal case against Russell Cline said the order was a symbolic victory, unfortunately.

    Cline was sentenced February to eight years in prison for its investment scam that he ran through Orion International Inc., the company he founded in 1998 and directed before late 2002.

    Under a plea bargain in the criminal case, Cline confessed he solicited investors via a Web site, brochures and seminars, then falsely represented that their money could be used to exchange in foreign currencies, promising returns of over 60 percent to 200 percent annually.



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  2. #2
    SesiCCTdS
    Guest
    An individual would need to be a complete moron to send money to these men. Unfortunately, or fortunately depending on one's perspective, the entire world is full of morons. All these sc are called 419's for the Nigerian penal code exemption to its crime. It's estimated that it accounts for 1/3 of those Nigerian GDP together with the figure reaching into the tens of billions over the previous twenty decades.

    It's simply greed combined with stupidity, a common mixture found across the species, that is responsible for this and it's not going off. Sc are as old as the human race.

    If you want to read some really funny things, visit this site.

    http://www.419eater.com/

  3. #3
    TesbSayoesh77
    Guest
    Quote Originally Posted by ;
    A fool and his money are soon parted
    A fool and his money soon party.

  4. #4
    SesSabiy
    Guest
    Quote Originally Posted by ;
    One might have to be a complete moron to send money to these men. Unfortunately, or fortunately depending on the perspective, the entire world is full of morons. All these sc are called 419's for the Nigerian penal code exemption for the offense. It's estimated that it accounts for 1/3 of the Nigerian GDP together with the figure reaching into the tens of billions over the last 20 years.

    It's simply greed along with stupidity, a common mix found across the species, which is accountable for this and it's not going off. Sc are as old as the human race.

    If you want to read some really funny stuff, go to this site.

    Http://www.419eater.com/
    you understand common sense is not that common. Who in the hell will send there cash half way round the globe to a bad country promising a wealthy country big cash on there investments, so im gont leave the comfort of my wealthy country where I made all my money and send a man in a bad country my cash promisng me a huge money on my investment. oh doh. Can you every get the oil in your own email.

  5. #5
    SesSabiy
    Guest
    Quote Originally Posted by ;
    A fool and his money soon celebration.
    And there is a lot of fools out there, with big money.

  6. #6
    xoruz
    Guest
    Quote Originally Posted by ;
    A fool and his money soon party.
    Only adored the e-mails market... I also receive this email constantly, never thought about fooling around with them that way...

    Looking foward to the next one

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