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Denver-based Citizen And Associated Firm Accused Of Committing Fraud In Crypto Ponzi Scheme

By Tracy Hannes | February 17, 2020
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The Commodity Futures Trading Commission (CFTC) has legally accused a individual based in Denver, and the associated investment firm from Colorado, of committing fraud

Specifically, Breonna Clark, together with Venture Capital Investments Ltd., has received legal charges for their actions, committing fraudulent activities against investors. Additional charges for failing to register with a governmental department.

As detailed in the CFTC’s submitted paper, Clark and Venture Capital Investments have been working as the managing force of a forex and digital coins trading pool, tricking US-based investors with false advertisements of substantial return for their money. 

By providing wrongly promoted experience and financial credentials, approximately 72 investors have fallen victim to the criminal pair. causing $534,829 worth of financial damage. To further concrete their lies, the defendants also forged fake papers demonstrating  trading gains and progress.

The illegally acquired money was then channeled to “Ponzi-type payments”, along with luxurious. 

“In its litigation against the defendants, the CFTC seeks restitution to defrauded customers, disgorgement of ill-gotten gains, civil monetary penalties, permanent registration and trading bans, and a permanent injunction against future violations of the Commodity Exchange Act, as charged.” The CFTC further stated.

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