CFTC Charges Ohio-based Defendants Enrique Villalba, Jr., and Money Market Alternative, LP, with Operating a Multi-Million Dollar Futures Ponzi Scheme Ponzi scheme

CFTC release 5801-10 · 2010-03-30 · view on cftc.gov ↗

Key facts

Release number: 5801-10
Release date: 2010-03-30
Type: Ponzi scheme
Primary source: https://www.cftc.gov/PressRoom/PressReleases/5801-10

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.