Tag: magestic_world_wide_finance

CFTC Secures $6 Million Judgment Against Florida Man in Options Fraud Case

15 Sep 2026 11:45 a.m.

A Connecticut federal court ordered Michael Frederick Staryk to pay over $6 million for options fraud and imposed trading bans, while relief defendants must disgorge $110,510.

Law Enforcement Business Legal Financial Markets USA Commodity Futures Trading Commission Michael Frederick Staryk options fraud default judgment Magestic World Wide Finance disgorgement trading ban