American man extradited to S’pore admits running fraudulent trading scheme involving over S$18mil

An Interpol red notice and a warrant of arrest were issued against Michael Atkins following his arrest and release on bail in July 2014. - FRANKLIN COUNTY SHERIFF’S OFFICE

SINGAPORE: An American man was a director at Singapore-based firm Aureus Capital when he became the main person running a fraudulent forex trading scheme linked to it.

The scheme involved more than S$18 million from over 1,300 clients.