Article Summary:

We provide investors with valuable alternatives in the Forex marketplace. These include innovative educational opportunities, comprehensive research, superior analytical tools and state-of-the-art electronic trading capabilities.Manager of Bogus Foreign Currency Exchange Ponzi Scheme Pleads Guilty to Obstruction of Justice Reuters WASHINGTON, Sept. 17 /PRNewswire-USNewswire/ — Teresa Vogt, a resident of Anaheim, Calif., pleaded guilty on Sept. 15, 2009, to one count of obstruction of justice before


Article Content:

Manager of Bogus Foreign Currency Exchange Ponzi Scheme Pleads Guilty to Obstruction of Justice
Reuters
WASHINGTON, Sept. 17 /PRNewswire-USNewswire/ — Teresa Vogt, a resident of Anaheim, Calif., pleaded guilty on Sept. 15, 2009, to one count of obstruction of justice before U.S. District Court Judge Dale S. Fischer in Los Angeles, the Justice Department and Internal Revenue Service (IRS) announced.
Vogt and eight co-defendants were indicted in May 2005 on tax fraud, conspiracy, money laundering and other charges related to the operation of the Genesis Fund. According to the indictment, Vogt and her co-defendants operated the fund, a bogus foreign currency exchange investment fund that operated as a Ponzi scheme from May 1998 to June 2002. The Genesis Fund received millions of dollars of investments.