Ex-FBI Agent Busted for $1 Million Trading Scam – Jeffrey Royer Indicted for Forex Fraud of Michigan Investors
Jeffrey A. Royer, a former FBI agent, has been indicted for defrauding investors in a forex trading scheme, facing charges of commodities and wire fraud. From 2020 to 2023, he allegedly misappropriated over $1 million while providing false account statements to conceal losses. He previously served prison time for securities fraud.