Search Result (2 Snaps)

Police raid ACM Geneva office in a suspected financial fraud case | PL: 776  Category: Brokers | Comments (5) 2009-04-14 16:51:39 Natural size Police raid ACM Geneva office in a suspected financial fraud case Police raid Geneva forex firm in fraud probe by Malcolm Curtis Geneva - 03 April 2009 | 18:05 EXCLUSIVE: A squad of 28 police officers raid the downtown Geneva offices of currency trading company ACM and seize documents, a computer and other evidence in a suspected financial fraud case. Swisster discovers the unprecedented affair, being directed by an inspector and detective for the cantonal force’s financial fraud brigade, may take weeks to unravel and has involved the questioning of top...   Tags: ACM, fraud, swiss, switzerland, forex broker   Member: Observer | 7 Snaps

ACM Throws in the Towel | PL: 129  Category: Brokers | Comments (1) 2009-01-18 14:37:29 Natural size ACM Throws in the Towel ACM is officially closing their U.S. office and retreating back to Switzerland after failing to make any headway in the U.S. Of course the Savior has long suspected this Swiss broker wouldn’t last very long on this side of the pond in light of the increased capital requirements. Furthermore, I was right on the money in stating they clearly didn’t due their homework before opening an office here. The company was a registered NFA member for less than 12 months. What a wretched waste of money,...   Tags: ACM, broker, forex, closing forex broker office   Member: Swiss Watch | 1 Snaps