Federal Court In Florida Orders Neil Pecker And His Company, Vision Financial Partners, LLC, To Pay More Than $6.5 Million In Restitution And A Civil Monetary Penalty In CFTC Binary Options Fraud Action - Relief Defendants Prometheus Enterprises, Inc. And GDCM Trust Ordered To Disgorge Ill-Gotten Funds Totaling More Than $1 Million

The U.S. Commodity Futures Trading Commission (CFTC) today announced that Judge James I. Cohn of the U.S. District Court for the Southern District of Florida entered a Consent Order against CFTC Defendants Neil Pecker with a last-known address in Longwood, Florida and his company, Vision Financial Partners, LLC (Vision) of Deerfield Beach, who were charged with fraudulent solicitation and misappropriation in connection with off-exchange binary options. The Order, entered on March 9, 2017, requires Pecker and Vision, jointly and severally, to pay restitution to defrauded investors totaling $2,777,130 and a $3.75 million civil monetary penalty.