September 30, 2014
The CFTC ordered Scott A. Beatty
of Roy, Utah, individually and doing business as Peak Capital Group, Inc.
, and his Ogden, Utah-based company, Peak Capital Management Group, Inc.
, to pay restitution of $641,000 and a $1 million penalty for committing fraud and misappropriation, making false statements to the CFTC, and failing to register with the CFTC in connection with operating a leveraged or margined off-exchange foreign currency scheme. CFTC