Tag: GlenridgeCapital

CFTC complaint against David Cart and Joshua Cartu and Jonathan CartuB
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September 3, 2020

Binary options fraud – Notorious Cartu Brothers charged by U.S. CFTC

It is a court season for the fraudulent binary options industry and its perpatrators. Among the worst scammers were David Cartu and his brothers. After the Canadian regulator OSC had already sued them for binary options fraud, the U.S. Commodity Futures Trading Commission (CFTC) filed a civil enforcement action. The regulator charges six individuals and four companies with operating a fraudulent binary options trading scheme that received over $165 million via their Irish GreyMountain Management Ltd.
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Canadian OSC charges David Cartu and his brothersG
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May 9, 2020

GMM Case – Canadian regulator OSC charges Cartu Brothers of running an illegal $233 million binary options scheme

FinTelegram has reported since 2018 about the huge Binary Options Scam of the three Cartu brothers David Cartu, Jonathan Cartu, and Joshua Cartu. Over the course of the last two years, we have received numerous requests from victims and their lawyers as well as from regulators. In this regard, we have been happy to provide the information available to us and have, among other things, facilitated lawsuits in Israel. Now the Canadian Ontario Securities Commission (OSC) has claimed that their GreyMountain Management binary options schemes received more than 233 million Canadian dollars from clients worldwide.
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