Florida Resident Joerg Heierle and Swiss Corporation INH-Interholding SA Ordered to Pay More Than $9 Million in Restitution and Penalties in CFTC Commodity Pool Anti-Fraud Action Fraud

CFTC release 5590-08 · 2008-12-23 · view on cftc.gov ↗

Key facts

Release number: 5590-08
Release date: 2008-12-23
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/5590-08

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.