# CFTC CHARGES EQUITY FINANCIAL GROUP LLC, A NEW JERSEY COMPANY, AND OTHERS WITH FRAUDULENTLY SOLICITING MORE THAN $5.7 MILLION FROM INVESTORS IN THE SHASTA CAPITAL ASSOCIATES, LLC HEDGE FUND; Shasta Recently Hailed as "Hedge Fund of the Week,"

> CFTC release 4908-04 · 2004-04-06 · **Fraud** · ENFORCEMENT

## Key facts

- **Release number:** 4908-04
- **Release date:** 2004-04-06
- **Type:** Fraud
- **Title:** CFTC CHARGES EQUITY FINANCIAL GROUP LLC, A NEW JERSEY COMPANY, AND OTHERS WITH FRAUDULENTLY SOLICITING MORE THAN $5.7 MILLION FROM INVESTORS IN THE SHASTA CAPITAL ASSOCIATES, LLC HEDGE FUND; Shasta Recently Hailed as "Hedge Fund of the Week,"
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/4908-04

## 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 4908-04, "CFTC CHARGES EQUITY FINANCIAL GROUP LLC, A NEW JERSEY COMPANY, AND OTHERS WITH FRAUDULENTLY SOLICITING MORE THAN $5.7 MILLION FROM INVESTORS IN THE SHASTA CAPITAL ASSOCIATES, LLC HEDGE FUND; Shasta Recently Hailed as "Hedge Fund of the Week,"", 2004-04-06. Retrieved via AI Analytics 2026-07-19 from https://api.ai-analytics.org/cftc-action/4908-04.

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