# Illinois Federal Court Orders Peter D. Hoffman to Pay $492,850 in Restitution and Civil Monetary Penalties in CFTC Anti-Fraud Action

> CFTC release 5464-08 · 2008-03-06 · **Fraud** · ENFORCEMENT

## Key facts

- **Release number:** 5464-08
- **Release date:** 2008-03-06
- **Type:** Fraud
- **Title:** Illinois Federal Court Orders Peter D. Hoffman to Pay $492,850 in Restitution and Civil Monetary Penalties in CFTC Anti-Fraud Action
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/5464-08

## 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 5464-08, "Illinois Federal Court Orders Peter D. Hoffman to Pay $492,850 in Restitution and Civil Monetary Penalties in CFTC Anti-Fraud Action", 2008-03-06. Retrieved via AI Analytics 2026-05-19 from https://api.ai-analytics.org/cftc-action/5464-08.

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