# U.S District Court Imposes Sanctions of More than $2.9 Million Against Foreign Fund, Two Individuals, and a Tennessee Corporation in CFTC Anti-Fraud Action

> CFTC release 5545-08 · 2008-09-17 · **Fraud** · ENFORCEMENT

## Key facts

- **Release number:** 5545-08
- **Release date:** 2008-09-17
- **Type:** Fraud
- **Title:** U.S District Court Imposes Sanctions of More than $2.9 Million Against Foreign Fund, Two Individuals, and a Tennessee Corporation in CFTC Anti-Fraud Action
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/5545-08

## 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 5545-08, "U.S District Court Imposes Sanctions of More than $2.9 Million Against Foreign Fund, Two Individuals, and a Tennessee Corporation in CFTC Anti-Fraud Action", 2008-09-17. Retrieved via AI Analytics 2026-07-03 from https://api.ai-analytics.org/cftc-action/5545-08.

---

*[CFTC actions dataset](/datasets/cftc-actions) · CC0 1.0*