CFTC Charges Florida Residents Doreen R. Valko and Frank Desantis And Their Company - International Investments Holdings, Corp (IIHC) -- with Defrauding Customers of More than $1.1 Million Other enforcement

CFTC release 5204-06 · 2006-07-25 · view on cftc.gov ↗

Key facts

Release number: 5204-06
Release date: 2006-07-25
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/5204-06

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.