From Newsday.com: A federal judge in Central Islip yesterday granted a preliminary injunction against Nicholas Cosmo, the Hauppauge businessman accused of operating a $380- million Ponzi scheme, barring him from engaging in commodities trading and freezing his assets.

U.S. District Court Judge Leonard Wexler granted the injunction against Cosmo, 37, on the basis of a request by the U.S. Commodity Futures Trading Commission……Full Article: Source