Oregon state, CFTC fines Orion founder

NEWS

Cline was fined for taking part in fraudulent sale and solicitation of illegal foreign currency futures contracts, and for misappropriating customer funds.

Among other things, the court order also permanently prohibits Cline from directly or indirectly trading commodity futures contracts, options on commodity futures contracts, transactions in foreign currency that are subject to the CFTC jurisdiction, and Oregon securities.

Cline, who operated through his company Orion International, was

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