Some Arena/BlackfortFX clients must repay fictitious profits
Some clients received "profits" that never existed and must repay the money.
Chris Hutching Mon, 27 Jul 2015
Some clients of the collapsed Arena Capital trading as BlackfortFX received fictitious profits and will need to repay the money, according to the Korda Mentha receiver.
Receiver Grant Graham says there is no evidence the company has traded on foreign exchange markets or made any profits.
“We are
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