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Tuesday, April 23, 2024 | Back issues
Courthouse News Service Courthouse News Service

CFTC Contempt

Holding the CEO of Southern Trust Securities Holding Corp. in contempt, a federal judge said Robert Escobio has 10 days to pay the Commodity Futures Trading Commission $350,000, plus monthly installments of the $1.5 million in restitution he owes customers, or be jailed.

MIAMI — Holding the CEO of Southern Trust Securities Holding Corp. in contempt, a federal judge said Robert Escobio has 10 days to pay the Commodity Futures Trading Commission $350,000, plus monthly installments of the $1.5 million in restitution he owes customers, or be jailed.

Categories / Business, Consumers, Securities

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