CFTC ASSISTS IN SUCCESSFUL CRIMINAL PROSECUTION OF STUART MICHAEL HELFFRICH, Convicted of Wire Fraud and Fraudulent Conversion of his Customers' Commodity Futures Positions Fraud

CFTC release 5113-05 · 2005-09-19 · view on cftc.gov ↗

Key facts

Release number: 5113-05
Release date: 2005-09-19
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/5113-05

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.