<p><span>The Commodity Futures Trading Commission today announced the U.S. District Court for the Central District of California entered a consent order for permanent injunction, monetary sanctions, and equitable relief against </span><span>Monex Deposit Company</span><span>, </span><span>Monex Credit Company</span><span>, </span><span>Newport Services Corporation</span><span>, and their owners </span><span>Louis Carabini</span><span> and </span><span>Michael Carabini</span><span>.</span></p>
Federal Court Orders California Precious Metals Firm and Its Owners to Pay $38 Million for Commodity Fraud and Registration Violations cftc.gov - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cftc.gov Daily Mail and Mail on Sunday newspapers.