On December 4, US judge Edwin Torres of the Southern District of Florida entered four separate consent orders of permanent injunction against The Liberty Mutual Group, Addison Financial Group, Addison Management Group, Hamlin Mercer Group, Colfax Management Group, Alan Lerner, Forefront Investment Limited Partnership, Todd Guthrie, and Benji Dayan. These had all been charged with fraud in a CFTC complaint filed on May 16 2007.
The court has ordered the defendants to pay just over $7 million in restitution to defrauded investors.
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