CFTC Charges Two Florida Companies and Three Florida Men with Operating a Fraudulent Commodity Pool that Solicited Approximately $17 Million from about 100 Investors Fraud

CFTC release 5643-09 · 2009-04-08 · view on cftc.gov ↗

Key facts

Release number: 5643-09
Release date: 2009-04-08
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/5643-09

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.