The U.S. CFTC has filed a civil enforcement action against NOLA FX Capital, Meteor, LLC, and their founder, Michael B. DePetrillo, accusing them of a $7.6 million forex fraud and failing to register. Allegations include operating a Ponzi-like scheme, misappropriating funds, and issuing false account statements. DePetrillo also faces separate criminal charges filed by the U.S. Attorney’s Office in Louisiana.