# Federal Court Freezes Assets of Texas Trading Firms M25 Investments, Inc. and M37 Investments, LLC, and Scott Kear, Sr., Jeffrey Lyon and David Seaman, Charged by the CFTC with an $8 Million Forex Fraud

> CFTC release 5723-09 · 2009-10-01 · **Fraud** · ENFORCEMENT

## Key facts

- **Release number:** 5723-09
- **Release date:** 2009-10-01
- **Type:** Fraud
- **Title:** Federal Court Freezes Assets of Texas Trading Firms M25 Investments, Inc. and M37 Investments, LLC, and Scott Kear, Sr., Jeffrey Lyon and David Seaman, Charged by the CFTC with an $8 Million Forex Fraud
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/5723-09

## 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 5723-09, "Federal Court Freezes Assets of Texas Trading Firms M25 Investments, Inc. and M37 Investments, LLC, and Scott Kear, Sr., Jeffrey Lyon and David Seaman, Charged by the CFTC with an $8 Million Forex Fraud", 2009-10-01. Retrieved via AI Analytics 2026-07-18 from https://api.ai-analytics.org/cftc-action/5723-09.

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