Misappropriated More Than $1.7 Million in Client Funds
Chicago, IL-(ENEWSPF)- A Chicago trader sentenced Wednesday to more than five and a half years in federal prison previously pleaded guilty to defrauding clients out of more than $1.7 million by pocketing their money instead of investing it.
RANDALL RYE, the owner of Faster Than Light Trading LLC, promised substantial profits from his proprietary trading program. Rye claimed that he would invest his clients’ money…
