Appleton man banned from trading by CFTC after defrauding victims of $2 million

(WLUK) — In a new order from the Commodity Futures Trading Commission, an Appleton man must pay more than $185,000 in restitution to victims he defrauded in a scheme that lasted more than a decade.

Robert Narvett, 57, was sentenced to 15 years in prison for one count of wire fraud and one county of money laundering.

The CFTC also permanently bans him from trading and registering with the organization and prohibits him from further violating provisions of the Commodity Exchange Act, as charged…

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