CFTC Charges Las Vegas, Nevada, Resident Richard McCall With Fraud, Alleging that McCall, Doing Business As The Mastery Group International, Fraudulently Solicited Clients for Futures Trading Workshops on the Internet Fraud

CFTC release 5170-06 · 2006-03-21 · view on cftc.gov ↗

Key facts

Release number: 5170-06
Release date: 2006-03-21
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/5170-06

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.