# CFTC CHARGES FLORIDA COMPANY WORLDWIDE COMMODITY CORPORATION AND FOUR INDIVIDUALS WITH DEFRAUDING CUSTOMERS; Firm And Certain Traders Allegedly Made False Claims That Accounts Would Make Large Profits With Little Risk Due To Seasonal Events

> CFTC release 4971-04 · 2004-08-13 · **Other enforcement** · ENFORCEMENT

## Key facts

- **Release number:** 4971-04
- **Release date:** 2004-08-13
- **Type:** Other enforcement
- **Title:** CFTC CHARGES FLORIDA COMPANY WORLDWIDE COMMODITY CORPORATION AND FOUR INDIVIDUALS WITH DEFRAUDING CUSTOMERS; Firm And Certain Traders Allegedly Made False Claims That Accounts Would Make Large Profits With Little Risk Due To Seasonal Events
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/4971-04

## 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 4971-04, "CFTC CHARGES FLORIDA COMPANY WORLDWIDE COMMODITY CORPORATION AND FOUR INDIVIDUALS WITH DEFRAUDING CUSTOMERS; Firm And Certain Traders Allegedly Made False Claims That Accounts Would Make Large Profits With Little Risk Due To Seasonal Events", 2004-08-13. Retrieved via AI Analytics 2026-07-20 from https://api.ai-analytics.org/cftc-action/4971-04.

---

*[CFTC actions dataset](/datasets/cftc-actions) · CC0 1.0*