North Carolina Federal Court Orders Rodney W. Whitney,
Nicholas T. Cox, and Integra Capital Management, LLC, to Pay Over
$6.9 Million for Ponzi Scheme Court permanently bars
Whitney, Cox, and Integra Capital Management from commodities
industry Washington, DC The U.S. Commodity Futures Trading
Commission (CFTC) today announced that it obtained federal court
orders requiring Rodney W. Whitney of Thomasville, N.C., Nicholas
T. Cox of Denton, N.C., and Integra Capital Management, LLC
(Integra), which formerly operated out of High Point, N.C., to pay
over $6.9 million in restitution, disgorgement, and civil monetary
penalties. The orders, entered against Cox on October 27, 2011 and
against Whitney and Integra on October 13, 2011, find that they
defrauded investors in a commodity pool Ponzi scheme involving
commodity futures and off-exchange foreign currency transactions.
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