CFTC SUES FORMER BROOKLYN RESIDENT DAWN MUSOROFITI FOR COMMODITIES FRAUD; CFTC Alleges That Musorofiti Defrauded Customers By Promising Large Profits Without Risk and Pretending to Be a New York Mercantile Exchange Broker Fraud

CFTC release 5109-05 · 2005-08-17 · view on cftc.gov ↗

Key facts

Release number: 5109-05
Release date: 2005-08-17
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/5109-05

About CFTC enforcement

The CFTC charges market participants under the Commodity Exchange Act for spoofing, manipulation, fraud, wash trades, registration violations, and commodity-pool-operator misconduct. Most actions settle with restitution + civil money penalty + a bar/suspension. Crypto-asset cases have been a major share since 2019.