# FEDERAL COURT ORDERS FLORIDA RESIDENTS TO PAY MORE THAN $22 MILLION IN CFTC FOREIGN CURRENCY (FOREX) FUTURES FRAUD ACTION; Court Orders Defendant Donald O'Neill and His Companies to Repay Over $12 Million to Investors and Pay Civil Monetary Penalties Totaling $10.6 Million

> CFTC release 4956-04 · 2004-07-14 · **Fraud** · ENFORCEMENT

## Key facts

- **Release number:** 4956-04
- **Release date:** 2004-07-14
- **Type:** Fraud
- **Title:** FEDERAL COURT ORDERS FLORIDA RESIDENTS TO PAY MORE THAN $22 MILLION IN CFTC FOREIGN CURRENCY (FOREX) FUTURES FRAUD ACTION; Court Orders Defendant Donald O'Neill and His Companies to Repay Over $12 Million to Investors and Pay Civil Monetary Penalties Totaling $10.6 Million
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/4956-04

## 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 4956-04, "FEDERAL COURT ORDERS FLORIDA RESIDENTS TO PAY MORE THAN $22 MILLION IN CFTC FOREIGN CURRENCY (FOREX) FUTURES FRAUD ACTION; Court Orders Defendant Donald O'Neill and His Companies to Repay Over $12 Million to Investors and Pay Civil Monetary Penalties Totaling $10.6 Million", 2004-07-14. Retrieved via AI Analytics 2026-05-20 from https://api.ai-analytics.org/cftc-action/4956-04.

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