California Court Orders Gilbert Philip Castillo, Jr. and Castle Enterprise Corporation to Pay More than $800,000 in Disgorgement and $480,000 in Civil Penalties for Fraud by an Unregistered Commodity Trading Advisor Fraud

CFTC release 5291-07 · 2007-02-14 · view on cftc.gov ↗

Key facts

Release number: 5291-07
Release date: 2007-02-14
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/5291-07

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.