# Georgia Court Orders CRE Capital Corp. and its Owner James G. Ossie to Pay $25.7 Million in Foreign Currency Ponzi Scheme

> CFTC release 5948-10 · 2010-12-08 · **Ponzi scheme** · ENFORCEMENT

## Key facts

- **Release number:** 5948-10
- **Release date:** 2010-12-08
- **Type:** Ponzi scheme
- **Title:** Georgia Court Orders CRE Capital Corp. and its Owner James G. Ossie to Pay $25.7 Million in Foreign Currency Ponzi Scheme
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/5948-10

## 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 5948-10, "Georgia Court Orders CRE Capital Corp. and its Owner James G. Ossie to Pay $25.7 Million in Foreign Currency Ponzi Scheme", 2010-12-08. Retrieved via AI Analytics 2026-06-24 from https://api.ai-analytics.org/cftc-action/5948-10.

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