Commodities Fraud

Amada Capital Management lost 92 percent of a client’s $280,000 investment in only nine days and then lied about it, the Commodity Futures Trading Commission claims in a <strong><a href="http://www.courthousenews.com/wp-content/uploads/2018/08/Commodities-Fraud.pdf">federal complaint</a></strong>.

MANHATTAN — Despite being warned about operating illegally as an unregistered trading adviser, Jason Amada continued to run his Amada Capital Management, ultimately losing 92 percent of a client’s $280,000 investment in only nine days and then lying about it, the Commodity Futures Trading Commission claims in a federal complaint .

Categories / Financial

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