Florida Federal Court Imposes More than $16 Million in Sanctions against Two South Florida Corporations and Pompano Beach Resident Ted Romeo in Commodity Options Fraud Case Fraud

CFTC release 5333-07 · 2007-05-08 · view on cftc.gov ↗

Key facts

Release number: 5333-07
Release date: 2007-05-08
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/5333-07

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.