CFTC Busts $44 Million Internet Caper

CHICAGO (CN) – An Argentinian operating through accounts with a Greenwich, Conn., futures dealer defrauded 420 customers of $44 million in commodity futures contracts and spent their money without authorization, the **U.S. Commodity Future Trading Commission claims in Federal Court. It sued Diego Mariano Rolando , who used the Internet sites Roclerman.com. and IA Trading.com , registered in Scarsdale, and claims he paid third parties to refer his victims to him. See complaint.