FEDERAL COURT ORDERS OREGON RESIDENT TO GIVE UP FEES RECEIVED FROM OFFERING FRAUDULENT COMMODITIES INVESTMENT; Thomas E. Jones of Rainer, Oregon Required to Give Up $74,000 Fraud

CFTC release 4864-03 · 2003-11-13 · view on cftc.gov ↗

Key facts

Release number: 4864-03
Release date: 2003-11-13
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/4864-03

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.