International Trading Group Ltd

One of the largest commodity fraud cases in U.S. history ended in federal court Monday, with the founders of International Trading Group Ltd. agreeing to settle with customers and the Commodity Futures Trading Commission. U.S. District Judge Ronald S. W. Lew approved a settlement offered by brothers David C. and Bruce R. Beare, principals of ITG. The deal calls for any remaining assets of ITG to be distributed to customers.

Having options is important to most Californians. Selling options was important to the Beare brothers. Maybe that's why they were so successful here. Too bad we can't say the same for their unfortunate investors, who the government says lost $428 million in 65 months thanks to the Beares' amazing International Trading Group of San Mateo. That's $14 for every man, woman and child in California, where ITG had most of its offices. "More than 85% of ITG's customers have lost money," the U.S.

The Commodity Futures Trading Commission, filing the largest fraud suit in its 14-year history, on Monday accused two companies operating in California of using high-pressure tactics to earn massive commissions from customers who were suffering enormous losses. CFTC charged International Trading Group Ltd. of making misleading claims in the sale of futures options that produced $283 million in commissions for the firm but $428 million in losses for its customers.

One of the largest commodity fraud cases in U.S. history ended in federal court Monday, with the founders of International Trading Group Ltd. agreeing to settle with customers and the Commodity Futures Trading Commission. U.S. District Judge Ronald S. W. Lew approved a settlement offered by brothers David C. and Bruce R. Beare, principals of ITG. The deal calls for any remaining assets of ITG to be distributed to customers.

Having options is important to most Californians. Selling options was important to the Beare brothers. Maybe that's why they were so successful here. Too bad we can't say the same for their unfortunate investors, who the government says lost $428 million in 65 months thanks to the Beares' amazing International Trading Group of San Mateo. That's $14 for every man, woman and child in California, where ITG had most of its offices. "More than 85% of ITG's customers have lost money," the U.S.

The Commodity Futures Trading Commission, filing the largest fraud suit in its 14-year history, on Monday accused two companies operating in California of using high-pressure tactics to earn massive commissions from customers who were suffering enormous losses. CFTC charged International Trading Group Ltd. of making misleading claims in the sale of futures options that produced $283 million in commissions for the firm but $428 million in losses for its customers.