CFTC Charges Seattle Residents Sung Hong a/k/a Lawrence or Laurence Hong, Hyun Joo Hong a/k/a Grace Hong, and Her Company Pishon Holding LLC with Fraudulently Soliciting More than $11 Million from Customers in Connection with Trading Futures

The U.S. Commodity Futures Trading Commission (CFTC) announced that the U.S. District Court for the Western District of Washington entered a Statutory Restraining Order against Defendants Sung Hong a/k/a Lawrence or Laurence Hong of Bellevue, Washington, Hyun Joo Hong a/k/a Grace Hong of either Bellevue or Clyde Hill, Washington, and her company Pishon Holding LLC of Bellevue, Washington, freezing the Defendants’ assets and granting the CFTC immediate access to the Defendants’ business records.