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Ill. Forex Trader Spent Investors' Money On Himself, Jury Told

By Celeste Bott ( July 30, 2025, 6:41 PM EDT) -- An Illinois man fraudulently obtained at least $230,000 from investors with promises to return or even double their investments by trading on the foreign exchange market, but instead spent most of their money on personal expenses like designer clothes, restaurant meals, gym membership fees and credit card bills, prosecutors told a Chicago federal jury Wednesday....

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