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SOUTHEAST TEXAS RECORD

Saturday, November 2, 2024

Federal court freezes assets in fraud case

HOUSTON (Legal Newsline) - A complaint filed in federal court for the Southern District of Texas by the U.S. Commodity Futures Trading Commission against TC Credit Service resulted in the freezing the defendants' assets the, CFTC announced Wednesday.

The complaint alleged that the defendants operated a commodity pool scheme that fraudulently solicited and accepted approximately $1.4 million from the public. Christopher Daley was owner and sole employee of TCCS.

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