# CFTC Charges Nicholas Cosmo and Agape Companies with Defrauding Customers of Tens of Millions of Dollars in Commodity Futures Trading Scheme

> CFTC release 5606-09 · 2009-01-28 · **Other enforcement** · ENFORCEMENT

## Key facts

- **Release number:** 5606-09
- **Release date:** 2009-01-28
- **Type:** Other enforcement
- **Title:** CFTC Charges Nicholas Cosmo and Agape Companies with Defrauding Customers of Tens of Millions of Dollars in Commodity Futures Trading Scheme
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/5606-09

## 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 5606-09, "CFTC Charges Nicholas Cosmo and Agape Companies with Defrauding Customers of Tens of Millions of Dollars in Commodity Futures Trading Scheme", 2009-01-28. Retrieved via AI Analytics 2026-07-16 from https://api.ai-analytics.org/cftc-action/5606-09.

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