NASAA today announced that the U.S. District Court for the Central District of California has entered a final judgment imposing approximately $25.6 million in restitution and an equal civil monetary penalty against Safeguard Metals LLC and its owner, Jeffrey Ikahn, for operating a fraudulent scheme targeting elderly and retirement-aged individuals. The post States and CFTC Secure Final Judgment Against Precious Metals Firm that Defrauded Elderly Adults appeared first on NASAA.
