The U.S. Commodity Futures Trading Commission (CFTC) today announced the filing of a civil enforcement action in the U.S. District Court for the Middle District of North Carolina, charging Defendants Tracy Lee Thomas (aka Treyton L. Thomas, Trayton L. Thomas, Trey Thomas, Tray Thomas, and T.L. Thomas) (Thomas) and Marbury Advisors Inc. (Marbury) with fraudulently soliciting over $1.2 million from customers by, among other things, misrepresenting that Defendants would invest in Treasury Bills on customers’ behalf, but instead used their funds to trade commodity futures. Thomas resides, based on information and belief, in Charlottesville, Virginia, and is a principal and a controlling person of Marbury, a Cayman Islands corporation.
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