# COURT ENTERS DEFAULT JUDGMENT AGAINST NEW YORK FOREIGN CURRENCY FIRM AND OTHERS, ORDERING DEFENDANTS TO PAY OVER $30 MILLION IN PENALTIES AND $10 MILLION IN RESTITUTION TO CUSTOMERS: Judgment Entered In International Scam Against Defendants Eduard Dmanskiy and Sun Platinum and Relief Defendants Ocaline Int'l Corp., Hessar Alliance Inc., Klondike Int'l Inc., Pyrmont Alliance Corp., and Total Trading Services Ltd. Stemming From CFTC Charges That They Fraudulently Misappropriated Customer Funds And Traded Illegal, Off-Exchange Futures Contracts

> CFTC release 4990-04 · 2004-09-16 · **Fraud** · ENFORCEMENT

## Key facts

- **Release number:** 4990-04
- **Release date:** 2004-09-16
- **Type:** Fraud
- **Title:** COURT ENTERS DEFAULT JUDGMENT AGAINST NEW YORK FOREIGN CURRENCY FIRM AND OTHERS, ORDERING DEFENDANTS TO PAY OVER $30 MILLION IN PENALTIES AND $10 MILLION IN RESTITUTION TO CUSTOMERS: Judgment Entered In International Scam Against Defendants Eduard Dmanskiy and Sun Platinum and Relief Defendants Ocaline Int'l Corp., Hessar Alliance Inc., Klondike Int'l Inc., Pyrmont Alliance Corp., and Total Trading Services Ltd. Stemming From CFTC Charges That They Fraudulently Misappropriated Customer Funds And Traded Illegal, Off-Exchange Futures Contracts
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/4990-04

## 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 4990-04, "COURT ENTERS DEFAULT JUDGMENT AGAINST NEW YORK FOREIGN CURRENCY FIRM AND OTHERS, ORDERING DEFENDANTS TO PAY OVER $30 MILLION IN PENALTIES AND $10 MILLION IN RESTITUTION TO CUSTOMERS: Judgment Entered In International Scam Against Defendants Eduard Dmanskiy and Sun Platinum and Relief Defendants Ocaline Int'l Corp., Hessar Alliance Inc., Klondike Int'l Inc., Pyrmont Alliance Corp., and Total Trading Services Ltd. Stemming From CFTC Charges That They Fraudulently Misappropriated Customer Funds And Traded Illegal, Off-Exchange Futures Contracts", 2004-09-16. Retrieved via AI Analytics 2026-07-15 from https://api.ai-analytics.org/cftc-action/4990-04.

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