CFTC Sues Sentinel Management Group, Inc. and Two of Its Executive Officers for Fraud, Segregation, and False Reporting Violations Involving $562 Million in Customer Funds Fraud

CFTC release 5494-08 · 2008-05-02 · view on cftc.gov ↗

Key facts

Release number: 5494-08
Release date: 2008-05-02
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/5494-08

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.