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Court stays CFTC action against fraudulent precious metals scheme
About three months after the United States Commodity Futures Trading Commission (CFTC) filed a civil enforcement action against Robert Jeffrey Johnson, Kathleen Hook, Ross Baldwin, Precious Commodities, Inc, National Coin Broker, Inc, and NCB Wholesale Co, the Court has stayed the action. Today, Judge Lewis J. Liman of the New York Southern District Court signed an order granting the motion by attorney Damian Williams, United States Attorney for the Southern District of New York, and Noah Solowiejczyk, Assistant United States Attorney, to intervene and stay the matter pending the conclusion of a related criminal ... (full story)