# U.S. COMMODITY FUTURES TRADING COMMISSION CHARGES IOWA MAN WITH FRAUD; CFTC Alleges that Victor Lochmann Misappropriated Customer Funds and Engaged in Unauthorized Trading

> CFTC release 5098-05 · 2005-07-19 · **Fraud** · ENFORCEMENT

## Key facts

- **Release number:** 5098-05
- **Release date:** 2005-07-19
- **Type:** Fraud
- **Title:** U.S. COMMODITY FUTURES TRADING COMMISSION CHARGES IOWA MAN WITH FRAUD; CFTC Alleges that Victor Lochmann Misappropriated Customer Funds and Engaged in Unauthorized Trading
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/5098-05

## 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 5098-05, "U.S. COMMODITY FUTURES TRADING COMMISSION CHARGES IOWA MAN WITH FRAUD; CFTC Alleges that Victor Lochmann Misappropriated Customer Funds and Engaged in Unauthorized Trading", 2005-07-19. Retrieved via AI Analytics 2026-07-19 from https://api.ai-analytics.org/cftc-action/5098-05.

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