CFTC ACTION – Oxford Global Advisors et al.
Felix Shipkevich - November 24, 2009The CFTC charged a Minneapolis money manager and a Burnsville radio personality with running a Ponzi scheme that defrauded at least 1,000 people out of more than $190 million in a bogus currency investment scheme.
The CFTC obtained emergency orders freezing the assets held by “self-proclaimed” money manager Trevor Cook, 37, of Apple Valley, and conservative radio talk show host Patrick Kiley, 71, of Burnsville, as well as four of their business entities and 13 “relief defendants” related to the alleged scheme, including two of Cook’s in-laws.
