Options Scam

Jason Benjamin Scharf, 37, of Los Angeles, former CEO of Citrades, pleaded guilty in federal court Thursday to defrauding investors of $8.3 million in financial instruments known as binary options.

WASHINGTON — Jason Benjamin Scharf, 37, of Los Angeles, former CEO of Citrades, pleaded guilty in federal court Thursday to defrauding investors of $8.3 million in financial instruments known as binary options.

Categories / Criminal, Securities

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