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CFTC Wins $228M Restitution Order Against Ponzi Schemer

By Jessica Corso ( August 19, 2025, 6:54 PM EDT) -- A New York federal judge on Tuesday ruled that it was "ludicrous" for a man who pled guilty to running a Ponzi scheme to try to escape punishment in a related suit brought by the U.S. Commodity Futures Trading Commission, ordering him to repay his victims over $228 million....

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