Susan Hoehne

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Jurisdictions

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Allegations

Omega Trust and Trading investment farce ends after six-year run

One of the longest-running investment farces ever ended this month when 19 people were criminally indicted in relation to a so-called 'offshore trading program' known as Omega Trust and Trading Ltd. The scheme has been going on since at least January, 1994 and has raised at least $12.5 million, according to an indictment filed at the US District Court for the Central District of Illinois on August 18.