# Anthony Ramunno, Jr., formerly of Alpharetta, Georgia, and His Company, Renaissance Asset Management LLC, Fined and Sanctioned in a $21 Million Ponzi Scheme

> CFTC release 5624-09 · 2009-02-28 · **Ponzi scheme** · ENFORCEMENT

## Key facts

- **Release number:** 5624-09
- **Release date:** 2009-02-28
- **Type:** Ponzi scheme
- **Title:** Anthony Ramunno, Jr., formerly of Alpharetta, Georgia, and His Company, Renaissance Asset Management LLC, Fined and Sanctioned in a $21 Million Ponzi Scheme
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/5624-09

## 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 5624-09, "Anthony Ramunno, Jr., formerly of Alpharetta, Georgia, and His Company, Renaissance Asset Management LLC, Fined and Sanctioned in a $21 Million Ponzi Scheme", 2009-02-28. Retrieved via AI Analytics 2026-07-18 from https://api.ai-analytics.org/cftc-action/5624-09.

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