January 27, 2017

Anthony J. Klatch II, Lindsey Heim, and Assurance Capital Management were charged with fraud, misappropriation, and the issuance of false statements in connection with a commodity pool they operated. Klatch is a repeat offender who was previously subject to criminal and civil suits related to similar financial schemes. In a parallel litigation arising from the same facts, the U.S. District Court for the Southern District of New York entered a final judgment ordering Klatch to pay $12.9 million. CFTC

Tagged in: Fraud in CFTC-Regulated Markets, Misrepresentations,