Money talks : Four Israeli citizens and the financial firms they owned or operated were sued by U.S. securities regulators for allegedly using bogus swap and option trades to steal about $80 million from investors, including some Americans. The U.S. Commodity Futures Trading Commission filed a complaint Monday in Chicago federal court against Lee Elbaz, Yakov Cohen, Yossi Herzog and Shalom Peretz, along with companies including Yukom Communications Ltd. and Linkopia Mauritius Ltd, according to Bloomberg. I’m a consultant, so time is money.

Posted in AUG