Here is another case brought against a purported “commodities trader” based in Utah.  According to the story, commodities trader Keith H. Debus “met the woman at a religious conference and misrepresented himself as a successful licensed manager of a high-yield fund that specialized in commodities trading.”  Unfortunately for her, when she asked for the money back he told her it was gone.

Trading commodities (like foreign currencies or FOREX trading) is complicated, volatile and requires a high level of expertise.  I have heard of stories of people who have lost substantial sums in a very short period of time in these markets.  Even experts will tell you that trading commodities is highly risky. Continue reading →