Federal Judge: Raging Bull Trainer Might Be Responsible for Defrauding Customers $137M in Alleged Financial Investment Plan

A federal judge in Maryland has actually rejected an accused linked to Raging Bull’s movement to dismiss claims submitted by the Federal Trade Commission that declared he assisted the subscription-based financial investment training business defraud customers over $137 million.

The specific accused, Kyle Dennis, a “salesperson and trading trainer” with Raging Bull, submitted a movement to dismiss the FTC’s problem versus him. The FTC declared that Dennis breached 2 counts of Area 5( a) of the FTC Act by “‘ represent[ing], straight or indirectly, specifically or by ramification, that customers who buy Raging Bull’s services will make or are most likely to make significant earnings,'” according to the court’s viewpoint submitted March 15 in U.S. District Court for the District of Maryland.

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