CFTC Charges Tampa Resident Anthony J. Klatch II and Four Other Defendants with Fraud

Z

Zen Student

Washington, DC – The U.S. Commodity Futures Trading Commission (CFTC) obtained an emergency federal court order freezing the assets of defendants Anthony J. Klatch II of Tampa, Fla., and American Private Equity, LLC (APE LLC) of Los Angeles, Calif., as well as three Commodity Pool Operators (CPOs) controlled by Klatch, ARM Capital Management, LLC, (ARMCM) and TASK Capital Management, LLC (TASKCM), both of New York, N.Y., and Vigilant Capital Management, LLC (VCM) of Center Valley, Pa. The order also prohibits the destruction of books and records, grants the CFTC immediate access to such documents, and appoints a temporary receiver.

http://www.cftc.gov/PressRoom/PressReleases/pr6088-11.html

This appears to be the same Anthony who posted here to advertise for traders for TheOpenFund, and also ran a blog called Present Moment Trading PMTCM.com where he trained traders for $10,000.

Did anyone here participate in the training program or invest in his scams?
 
Another great reason for shrewd investors to favor Commodity Trading Advisors, who handle discretionary, segregated accounts...in the client's name, and with the client's preferred broker.

=)
 
<img src="http://images.lookwhogotbusted.com/images/tampa-fl/11036466.jpg">

Klatch's mugshot. I'm not much of a believer in physiognomy, but sometimes you have to wonder.

And anyone that wears a shirt like that is going to end up in jail eventually.
 
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