Arista LLC, Abdul Sultan Walji Sued by the CFTC

Abdul Sultan Walji and his company, Arista LLC, are at risk of having their registrations revoked by the U.S. Commodity Futures Trading Commission (CFTC). The CFTC is seeking to revoke the registrations of Walji and Arista due to their alleged involvement in misappropriating investor funds, providing false quarterly statements to investors, and making misrepresentations to the CFTC…. Read more »

Abdul Walji, Reniero Francisco, Arista LLC Charged with Multi-Million Dollar Fraud Scheme

Abdul Walji and Reniero Francisco, the chief executive officer and president, respectively, of Arista LLC, a Newport Coast, California investment firm, were arrested in their homes and charged with fraud. A six-count criminal complaint for defrauding their investors and for misappropriation of millions of dollars, was filed against them according to U.S. Attorney for the Southern District of… Read more »