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Thursday, April 18, 2024 | Back issues
Courthouse News Service Courthouse News Service

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 federal complaint.

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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