CFTC looks for a binary options scammer who defrauded investors with $3,8 mln

Discussion in 'Wall St. News' started by mlawson71, Dec 5, 2019.

  1. mlawson71

    mlawson71

    The United States Commodity Futures Trading Commission (CFTC) apparently can not locate Peter Szatmari, who defrauded nearly 4 million USD from binary options investors.

    In early October CFTC filed a five- count complaint against Szatmari for alleged violations of the Commodity Exchange Act and other Commission Regulations. Before filing the complaint however CFTC and Szatmari appeared to have agreed in principal on a settlement, from which Szatmari latter backed and disappeared.

    When Szatmari attorney was asked a contact information, he said he no longer represents the defender and gave the Commission a Kahului, Hawaii P.O. Box address. After that development on November 25th CFTC initiated legal proceedings against Szatmari, by handling the case to the Hawaii District Court.