SEC Gets $1.16 Million in Forex Scheme Settlements Approved (2)

A Texas man’s agreement to fork over nearly $303,000 and another’s $853,000 settlement garnered federal judges’ signatures to resolve allegations they promoted a fraudulent, unregistered offering in an investment vehicle for foreign currency exchange trading.

Judge Ewing Werlein Jr. signed the US Securities and Exchange Commission’s agreed-to judgment with Demetrius Early in the US District Court for the Southern District of Texas Nov. 21, the smaller of the two which included returning more than $205,000 in ...