Yahoo Finance | EN590 Commodities
EN590 Commodities GroupEnergy Markets 2026-09-10T23:41:36+00:00
On Sep. 8, a federal jury in Alexandria, Virginia,convictedJihoon Park for his role in an investment fraud scheme and defrauding a bankruptcy court. Park used his personal relationships and his previous affiliation with a large financial institution to convince members of his community to let him invest their life savings and retirement money with a promise of high returns, as per court documents and evidence presented at trial. Related: San Francisco billionaire slammed by Gen Z son over surveillance support But he transferred over $2.5 million from the unsuspecting community members to himself to buy a house and cryptocurrency. As a fraud victim sued Park, he transferred assets to his wife and hid crypto assets worth millions of dollars before filing for bankruptcy. Coinbase CEO doubles
About EN590 Commodities Group
25+ years in mineral exploration and extraction. 15+ years of global commodity trading. Based in New York, USA serving 75+ countries.