Politics & Government
Carlsbad Man Accused of $2.5M Commodity Pool Scheme
The U.S. Commodity Futures Trading Commission has filed a complaint against Jeffrey Gustaveson of Carlsbad, charging him with fraud, misappropriation and issuing false statements.
The U.S. Commodity Futures Trading Commission (CFTC) said Jeffrey Gustaveson accepted at least $2,495,000 from at least four individuals to invest in a commodity futures pool from January 2010 through July 2010.
Gustaveson admitted in a California state court proceeding that he had embezzled money and falsified financial statements, the CFTC said.
For more on this legal matter, go to: legalnewsline.com/news/237170-calif.-man-accused-of-commodity-pool-scheme
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