FLORIDA FOREIGN CURRENCY (FOREX) FIRM CHARGED WITH FRAUD FOR INTERNET SWINDLE; CFTC Files Action Against Giovanni Fleury Investments, Inc. of Sunrise, Florida, and Owner Giovanni Fleury Fraud

CFTC release 4803-03 · 2003-06-26 · view on cftc.gov ↗

Key facts

Release number: 4803-03
Release date: 2003-06-26
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/4803-03

About CFTC enforcement

The CFTC charges market participants under the Commodity Exchange Act for spoofing, manipulation, fraud, wash trades, registration violations, and commodity-pool-operator misconduct. Most actions settle with restitution + civil money penalty + a bar/suspension. Crypto-asset cases have been a major share since 2019.