The U.S. Commodity Futures Trading Commission has charged Tucson resident
Anthony Eugene Linton with misappropriation of customer funds and fraud.
The scheme reputedly involved foreign currency trading in business that
the defendant allegedly engaged in under the name of his firm, The Private
A filed complaint states that Linton fraudulently solicited and accepted
at least $650,000 from at least 19 customers for the purpose of off-exchange
According to the complaint, Linton allegedly stated that customers would
receive a "100 percent annual return" with "no risks whatsoever."
Linton also purportedly misappropriated customer funds for personal use,
in addition to allegedly paying earlier customers with funds from more
Federal agencies won an emergency court order freezing the assets of the
company several days ago. Destruction of the company's books and records
is also now expressly prohibited by the court order.
If you have been a victim of financial fraud, then you need to speak with
an experienced investment fraud lawyer about your case right away. While
on our website, order your FREE copy of renowned investment and securities
fraud attorney David P. Meyer's book,
Five Signs of Investment Fraud and What to Do if it's Happened to You.