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N.J. U.S. Attorney: Former Commodities Trader Charged With Multimillion-Dollar Wire and Commodoties Fraud Scheme
February 17, 2024
NEWARK, New Jersey, Feb. 17 -- The office of the U.S. Attorney for the District of New Jersey issued the following news release on Feb. 16, 2024:

A Chicago man was charged today in a fraud scheme that defrauding victims of over $3.7 million, U.S. Attorney Philip R. Sellinger announced.

Phillip Galles, 57, is charged by indictment with one count each of wire fraud and commodities fraud.

"As alleged, Phillip Galles defrauded multiple victims by falsely p . . .

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