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Thursday, May 23, 2024 | Back issues
Courthouse News Service Courthouse News Service

Options Scam

Jason Benjamin Scharf, 37, of Los Angeles, former CEO of Citrades, pleaded guilty in federal court Thursday to defrauding investors of $8.3 million in financial instruments known as binary options.

WASHINGTON — Jason Benjamin Scharf, 37, of Los Angeles, former CEO of Citrades, pleaded guilty in federal court Thursday to defrauding investors of $8.3 million in financial instruments known as binary options.

Categories / Criminal, Securities

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