Mediatrix Capital Inc., along with its affiliated funds, presented itself as a sophisticated money management firm specializing in algorithmic trading in the foreign exchange (forex) market. The company claimed to use highly advanced, proprietary algorithms to generate consistent, significant profits for its global client base. However, in September 2019, the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) filed charges against the company and its principals for operating a fraudulent Ponzi scheme that raised over $125 million from investors. The company had fabricated its trading success, suffered massive undisclosed losses, and used new investor money to pay fictitious returns to earlier investors while misappropriating millions for personal use. The company's assets were frozen, and a court-appointed receiver took control of its operations.

Founded in

The Bahamas