# Federal Court Imposes Penalty and Restitution of More Than $1.3 Million against Manager at Worldwide Commodity Corporation in Commodity Options Fraud Case

> CFTC release 5293-07 · 2007-02-17 · **Fraud** · ENFORCEMENT

## Key facts

- **Release number:** 5293-07
- **Release date:** 2007-02-17
- **Type:** Fraud
- **Title:** Federal Court Imposes Penalty and Restitution of More Than $1.3 Million against Manager at Worldwide Commodity Corporation in Commodity Options Fraud Case
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/5293-07

## 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 5293-07, "Federal Court Imposes Penalty and Restitution of More Than $1.3 Million against Manager at Worldwide Commodity Corporation in Commodity Options Fraud Case", 2007-02-17. Retrieved via AI Analytics 2026-07-02 from https://api.ai-analytics.org/cftc-action/5293-07.

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