On January 24, 2018, Chicago futures trader Thomas Lindstrom pled guilty to one count of wire fraud before U.S. District Judge Harry D. Leinenweber.  Lindstrom gained $285,000 through his scheme, which caused losses of $13.7 million and led to the folding of the firm where he worked, Rock Capital Markets LLC.  Lindstrom fraudulently made it appear that his trading was profitable by using deep out-of-the-money options on ten-year Treasury Note futures, knowing that these options would probably expire worthless.  His sentencing is set for June 19, 2018, and he has acknowledged in his plea agreement that he will be ordered to make full restitution at the time of sentencing.  U.S. v. Lindstrom, 16-CR-631 (N.D. Ill.)

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