The Commodity Futures Trading Commission (CFTC) has launched a lawsuit against Roberto Pulido and Lions of Forex LLC.
The CFTC complaint, filed with the Florida Southern District Court on September 28, 2023, alleges that from at least January 2019 to at least March 2021 (the “Relevant Period”), Roberto Pulido a/k/a Berto Delvanicci, aided and abetted by Lions of Forex LLC (LOF), fraudulently solicited clients for the purported purpose of trading leveraged or margined retail off-exchange foreign currency in accounts to be managed on their behalf.
Some of the clients solicited by the defendants subscribed to a retail forex signals trading service offered by LOF for which LOF offered to send signals to buy or sell retail forex for a monthly fee, and, for a higher monthly fee, offered live one-on-one training with “Berto Delvanicci.”
In…
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