# U.S. Commodity Futures Trading Commission Charges Washington State Man and His Companies with Defrauding Customers in Retail Foreign Currency Options Scheme

> CFTC release 5367-07 · 2007-08-03 · **Other enforcement** · ENFORCEMENT

## Key facts

- **Release number:** 5367-07
- **Release date:** 2007-08-03
- **Type:** Other enforcement
- **Title:** U.S. Commodity Futures Trading Commission Charges Washington State Man and His Companies with Defrauding Customers in Retail Foreign Currency Options Scheme
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/5367-07

## 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 5367-07, "U.S. Commodity Futures Trading Commission Charges Washington State Man and His Companies with Defrauding Customers in Retail Foreign Currency Options Scheme", 2007-08-03. Retrieved via AI Analytics 2026-06-26 from https://api.ai-analytics.org/cftc-action/5367-07.

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