CFTC SETTLES ACTION AGAINST REMAINING DEFENDANTS IN INDIANA COMMODITY POOL FRAUD; Court Orders Defendants James N. Wilson and JNW Management to Pay More Than $210,000 in Civil Penalties and Disgorgement For Involvement in Ponzi Scheme Fraud

CFTC release 4836-03 · 2003-09-09 · view on cftc.gov ↗

Key facts

Release number: 4836-03
Release date: 2003-09-09
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/4836-03

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.