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Violation Tracker Individual Record

Company: QYU Holdings Inc.
Penalty: $11,847,030
Year: 2024
Date: April 26, 2024
Offense Group: financial offenses
Primary Offense: investor protection violation
Violation Description: The Commodity Futures Trading Commission announced that the U.S. District Court for the Eastern District of Michigan issued an order of default judgment and a permanent injunction against Darren Robinson, a former resident of Miami, Florida, and his firm The QYU Holdings Inc., a Wyoming corporation with a purported principal place of business in Dallas, Texas. The order bans Robinson and QYUHI from trading in any CFTC-regulated markets and registering with the CFTC. It also requires them to pay, jointly and severally, $5,923,515.37 in restitution to defrauded victims and a $5,923,515.37 civil monetary penalty in connection with a fraudulent foreign currency (forex) scheme.
Level of Government: federal
Action Type: agency action
Agency: Commodity Futures Trading Commission
Civil or Criminal Case: civil
Source of Data: (click here)
Archived Source: (click here)
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.