March 21, 2017

Neil Pecker and his company Vision Financial Partners, LLC were ordered to pay more than $6.5 million in restitution and civil monetary penalties for fraudulent solicitation and misappropriation in connection with off-exchange binary options. The order was issued by Judge James I. Cohn of the U.S. District Court for the Southern District of Florida. Pecker and Vision Financial Partners were found to have fraudulently solicited approximately $3 million from members of the public to trade off-exchange binary options. CFTC

Tagged in: Fraud in CFTC-Regulated Markets, Regulatory Violations,