William Carlson, founder of Belvedere Trading LLC, has accused several individuals associated with the firm of committing fraud and concealing financial crimes without his consent. This allegation was submitted in a report to the Chicago Police Department.
"Actions by Belvedere companies took place without my approval, knowledge, or consent," said Carlson. "Hiding these crimes is attempting to shield federal crimes. No release covers criminal fraud. The "Robert Cooper CPA Forensic Report" just surfaced weeks ago in late 2024."
Between 2006 and 2025, Belvedere Trading LLC encountered numerous legal disputes and regulatory actions, notably involving its founder, Carlson. In 2015, he claimed that he was defrauded of approximately $35 million in equity following his removal during a 2008 set