A report appeared in the Chicago Times this week highlighting the apparent rise in the number of Ponzi schemes being uncovered. ‘As prices for everything from oil to stocks to grains have fallen, allegations about Ponzi schemes in the commodity markets are booming. Former commission enforcement director Gregory Mocek said Ponzi schemes involving foreign currency trading have been so rampant they could “eat up all of the commission’s investigation and litigation resources, and there will be nothing left to protect the integrity of legitimate markets.
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