Three Raleigh men to pay $5.4 million for engaging in alleged investment scheme

A federal judge in Raleigh has ordered two former foreign currency traders and a former colleague to pay $5.4 million for their role in an alleged investment fraud scheme. David Christopher Mayhew and Ron Earl McCullough were ordered to pay $1.2 million in restitution and $2.5 million in penalties. McCullough and Mayhew are also barred from any future trading. Travis Maurice Cox was ordered to pay $1.3 million in restitution and $330,000 in penalties for soliciting customers for the alleged scheme. Cox,…