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PFG sued for allegedly ignoring red flags in the Crown Forex caseBy Michael Greenberg at Forex MagnatesThis case just gets more and more complicated. Crown Forex is an extremely complicated case of a Forex brokerage that turned out to…


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PFG sued for allegedly ignoring red flags in the Crown Forex caseBy Michael Greenberg at Forex MagnatesThis case just gets more and more complicated. Crown Forex is an extremely complicated case of a Forex brokerage that turned out to be a ponzi scam. We’ve already reported today about another uncovered forex ponzi brokerage (One World Capital) – this time in the US.To those who don’t remember, Crown Forex S.A. was a forex broker based in Switzerland. On 29/05/2009 FINMA closed Crown Forex S.A because of potential liquidity problems. FINMA is investigating the company and its executives.


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