CFTC busts false FX traders in Hawaii

WASHINGTON, DC - The US Commodity Futures Trading Commission (CFTC) has frozen the assets of two Hawaii-based traders and their company for fraudulently obtaining more than $1.5 million from investors, which was misused.

The CFTC alleges that since June 2008, Stuart Jones, Payton Lowe and their company, WeCorp, obtained funds from about 20 investors, promising to trade over-the-counter foreign exchange contracts using an automated trading system. The duo claimed to be experienced foreign

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: