CFTC CHARGES CONNECTICUT MAN AND HIS COMPANY WITH BILKING COMMODITIES INVESTORS IN FRAUDULENT POOL SCHEME; Burton Friedlander and Friedlander Capital Management Corporation Allegedly Misappropriated More than $1.3 Million to Pay for Boats, Cars, Country Club Dues, and Legal Expenses Fraud

CFTC release 4859-03 · 2003-10-24 · view on cftc.gov ↗

Key facts

Release number: 4859-03
Release date: 2003-10-24
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/4859-03

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.