Bart Chilton, Commodity Futures Trading Commission, at High Frequency Trading Leaders Forum 2012
Building off of the momentum of past conferences, Golden Networking brings back High Frequency Trading Leaders Forum 2012, now in New York, Chicago and London (http://www.HFTLeadersForum.com).
- New York, NY (1888PressRelease) September 14, 2012 - Commissioner Bart Chilton, Commodity Futures Trading Commission, will return this fall to Golden Networking's High Frequency Trading Leaders Forum 2012, "How Traders, Brokers, Exchanges and Dark Pools Navigate the Most Challenging Regulatory Landscape". This conference will provide attendees in New York, Chicago and London with the most up-to-date review of where this ever-changing industry stands and how new technology and regulatory developments will impact it. Recognized experts, regulators, and strategists, will return to High-Frequency Trading Leaders Forum 2012 to provide the information practitioners are looking for in an open and unbiased environment, highly conducive to the most efficient and effective networking.
Mr. Chilton is the author of "Ponzimonium: How Scam Artists are Ripping Off America". In his new book, Commissioner Chilton contends that financial scam artists are ripping off Americans more and more according to recent government figures. "We thought all the frauds and Ponzi scams were horrific in the wake of the Madoff scandal, but it is even worse now," says Commissioner Bart Chilton. While federal, state and local law enforcement are going after the con artists more than ever before, there are basic precautions consumers should take before they part with their hard-earned money.
Commissioner Chilton lays it all out in a new book. In Ponzimonium-How Scam Artists are Ripping Off America, he tells the fascinating stories of ten such Ponzi scams that took place in 2009. "These are real cases, real fraudsters, with unfortunately, very real victims," Chilton writes. The book also captures, in words and pictures, a behind-the-scenes look at the lifestyles of the schemers.
One con artist purchased a fleet of luxury vehicles in colors like lime green and "blue & cream," including multiple Ferraris, Lamborghinis, Porsches, a Bentley, a Maserati, a Lincoln Limousine, and a metallic burnt orange Hummer golf cart. "This guy took hard-working peoples' money and used it for a mansion, nearly 20 plasma televisions, sports and rock and roll memorabilia, and a contingent of body guards," Chilton said. Another fraudster bought a 269-acre ranch, a fleet of classic sports cars, two airplanes and massive diamonds for ladies he was wooing in New York, Toronto and St. Louis.
These mini-Madoff scams took place all across the nation," Chilton notes. "The consequences for the investors-turned-victims can be pretty horrific-people losing money for their kids' college funds, for needed health care expenses, or for their own retirement." "In most instances it is preventable with a little education and some due diligence fact checking."
Designed and written as a consumer education tool, Ponzimonium includes a chapter containing the "Red Flags of Fraud" to help people avoid being scammed. The Red Flags are tips like checking to make sure a company is legitimately registered and other due diligence "to do" items before an investment is made. Ponzimonium also includes an "Investor Checklist" designed to help citizens ask the right questions prior to investing.
High Frequency Trading Leaders Forum 2012 is produced by Golden Networking (http://www.goldennetworking.net), the premier networking community for business executives, entrepreneurs and investors. Panelists, speakers and sponsors are invited to contact Golden Networking by sending an email to info ( @ ) goldennetworking dot net.
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