# CALIFORNIA FEDERAL JUDGE ORDERS ARREST OF JIAN ZHUANG, PRESIDENT OF LOS ANGELES-AREA FOREIGN CURRENCY FIRM EMERALD WORLDWIDE HOLDINGS, INC., IN LAWSUIT CHARGING A COMMODITIES SCAM; Zhuang Failed to Pay Money Sanctions Arising Out of Earlier Contempt Order in CFTC Case Charging Zhuang and Others With Defrauding More than 300 Customers of Over $5 Million

> CFTC release 5036-05 · 2005-01-11 · **Other enforcement** · ENFORCEMENT

## Key facts

- **Release number:** 5036-05
- **Release date:** 2005-01-11
- **Type:** Other enforcement
- **Title:** CALIFORNIA FEDERAL JUDGE ORDERS ARREST OF JIAN ZHUANG, PRESIDENT OF LOS ANGELES-AREA FOREIGN CURRENCY FIRM EMERALD WORLDWIDE HOLDINGS, INC., IN LAWSUIT CHARGING A COMMODITIES SCAM; Zhuang Failed to Pay Money Sanctions Arising Out of Earlier Contempt Order in CFTC Case Charging Zhuang and Others With Defrauding More than 300 Customers of Over $5 Million
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/5036-05

## 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 5036-05, "CALIFORNIA FEDERAL JUDGE ORDERS ARREST OF JIAN ZHUANG, PRESIDENT OF LOS ANGELES-AREA FOREIGN CURRENCY FIRM EMERALD WORLDWIDE HOLDINGS, INC., IN LAWSUIT CHARGING A COMMODITIES SCAM; Zhuang Failed to Pay Money Sanctions Arising Out of Earlier Contempt Order in CFTC Case Charging Zhuang and Others With Defrauding More than 300 Customers of Over $5 Million", 2005-01-11. Retrieved via AI Analytics 2026-07-20 from https://api.ai-analytics.org/cftc-action/5036-05.

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