CFTC charges three traders in Florida

WASHINGTON, DC - The US Commodity Futures Trading Commission (CFTC) froze the assets of three traders and their two companies in Florida last week, after allegations of a $17 million FX scam.

Damien Bromfield, Donovan Davis and Blayne Davis, and their companies Capital Blu Management and DD International Holdings, were charged after complaints about a FX futures and options fund called CBM FX Fund. The fund was established by Capital Blu Management.

The trio allegedly told investors their funds

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week 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: