Federal Judge Orders Injunction, Monetary Penalties In Ponzi Case

CHARLOTTE, N.C. - In a Ponzi scheme case, a federal judge in North Carolina on Jan. 11 granted the U.S. Commodity Futures Trading Commission's (CFTC) request for a permanent injunction, restitution and a civil monetary penalty against the defendants and a request for disgorgement against the relief defendants (U.S. Commodity Futures Trading Commission v. Capitalstreet Financial LLC, et al., No. 09-00387, W.D. N.C.; 2012 U.S. Dist. LEXIS 3705). View today's headlines and listen to the latest podcast at www.lexisnexis.com/legalnews Do you have news to share? Interested in writing a commentary article? Email the Mealey News Desk at Mealeys@LexisNexis.com Full story on lexis.com