Page 1 of 1

Federal Court in Texas Orders Christopher B. Cornett to Pay

PostPosted: Fri Aug 31, 2012 2:32 pm
by admin
Federal Court in Texas Orders Christopher B. Cornett to Pay over $17 Million in Sanctions in Foreign Currency Fraud Action
08/31/2012 12:02 PM EDT


The CFTC obtained a federal court order of default judgment and permanent injunction requiring defendant Christopher B. Cornett of Buda, Texas, to pay $10.16 million in restitution and a $6.78 million civil monetary penalty in connection with a foreign currency pooled investment fraud.
http://links.govdelivery.com/track?type ... 42-12.html