Roberto Pulido, Forex Fraud, Florida 2025

MIAMI, FL – Roberto Pulido, also known as Berto Delvanicci, and his company, Lions of Forex LLC (LOF), have been slapped with hefty penalties following a default judgment entered by the Southern District of Florida, the Commodity Futures Trading Commission (CFTC) announced today.

The orders, stemming from a CFTC complaint filed in September 2023, accuse Pulido of defrauding at least four clients through a forex trading scheme between January 2019 and March 2021. LOF was found to have aided and abetted the fraud.

Pulido and LOF are jointly responsible for approximately $172,000 in restitution to victims and over $516,000 in civil penalties. The court has permanently banned both defendants from engaging in activities that violate the Commodity Exchange Act, as well as from registering with the CFTC and trading on regulated markets.

According to the CFTC, Pulido lured clients with promises of guaranteed monthly profits through leveraged forex trading, falsely claiming they could withdraw funds at any time. However, clients did not receive the promised returns, and a significant portion of their invested funds were never returned.

LOF facilitated the scheme by receiving client funds into its bank accounts, allowing Pulido access to those funds, promoting his purported trading expertise on its website—claiming he was a “seven-figure trader”—and using its email address for communications with defrauded clients. The company also offered a retail forex signals trading service and one-on-one training with Pulido for a premium monthly fee.

The CFTC received assistance in the investigation from the Florida Office of Financial Regulation, the Eastern Caribbean Securities Regulatory Commission, and the Financial Services Authority of St. Vincent & the Grenadines.

The CFTC advises the public to verify a company’s registration through NFA BASIC before investing and warns of the warning signs of fraud, including those detailed in its Foreign Currency (Forex) Trading Fraud Advisory.

Source: CFTC.gov

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