# U.S. Commodity Futures Trading Commission Charges Virginia Man and California Corporation with Fraud

> CFTC release 5245-06 · 2006-10-13 · **Fraud** · ENFORCEMENT

## Key facts

- **Release number:** 5245-06
- **Release date:** 2006-10-13
- **Type:** Fraud
- **Title:** U.S. Commodity Futures Trading Commission Charges Virginia Man and California Corporation with Fraud
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/5245-06

## 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 5245-06, "U.S. Commodity Futures Trading Commission Charges Virginia Man and California Corporation with Fraud", 2006-10-13. Retrieved via AI Analytics 2026-05-20 from https://api.ai-analytics.org/cftc-action/5245-06.

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