The CFTC alleges that investors were offered a return of 10% on their money within 30 days. CRE was supposedly going to achieve this by trading dollars against yen. However, according to the CFTC, CRE had lost $4.4 million since June 18 2008. The company made up the shortfall by creating a Ponzi scheme, with fictitious profits funded by subsequent pool participants.
“Investors must run the other way when approached by anyone claiming to guarantee exorbitant monthly returns, like those promised by CRE and Ossie.
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