# CFTC SETTLES FRAUD CHARGES WITH CALIFORNIA RESIDENT MICHAEL INGWERSON

> CFTC release 4818-03 · 2003-07-14 · **Fraud** · ENFORCEMENT

## Key facts

- **Release number:** 4818-03
- **Release date:** 2003-07-14
- **Type:** Fraud
- **Title:** CFTC SETTLES FRAUD CHARGES WITH CALIFORNIA RESIDENT MICHAEL INGWERSON
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/4818-03

## What this is

CFTC enforcement actions cover derivatives + commodities + crypto fraud cases. The Commission charges market participants under the Commodity Exchange Act for spoofing, manipulation, fraud, wash trades, registration violations, and pool-operator misconduct. Most actions settle with restitution + civil money penalty + a bar/suspension.


## Citation

> US Commodity Futures Trading Commission, press release 4818-03, "CFTC SETTLES FRAUD CHARGES WITH CALIFORNIA RESIDENT MICHAEL INGWERSON", 2003-07-14. Retrieved via AI Analytics 2026-07-04 from https://api.ai-analytics.org/cftc-action/4818-03.

---

*[CFTC actions dataset](/datasets/cftc-actions) · CC0 1.0*