# TEXAS MAN CHARGED WITH FOREIGN CURRENCY FRAUD; CFTC Charges Ross Erskine with Fraudulently Soliciting Foreign Currency Futures Customers by Making Misleading Profit Claims

> CFTC release 4879-04 · 2004-01-15 · **Fraud** · ENFORCEMENT

## Key facts

- **Release number:** 4879-04
- **Release date:** 2004-01-15
- **Type:** Fraud
- **Title:** TEXAS MAN CHARGED WITH FOREIGN CURRENCY FRAUD; CFTC Charges Ross Erskine with Fraudulently Soliciting Foreign Currency Futures Customers by Making Misleading Profit Claims
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/4879-04

## 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 4879-04, "TEXAS MAN CHARGED WITH FOREIGN CURRENCY FRAUD; CFTC Charges Ross Erskine with Fraudulently Soliciting Foreign Currency Futures Customers by Making Misleading Profit Claims", 2004-01-15. Retrieved via AI Analytics 2026-07-19 from https://api.ai-analytics.org/cftc-action/4879-04.

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