# U.S. District Court Orders Two Florida Residents and a Florida Firm to Pay More Than $4 Million for Defrauding Investors in a Foreign Currency Scheme

> CFTC release 5950-10 · 2010-12-08 · **Other enforcement** · ENFORCEMENT

## Key facts

- **Release number:** 5950-10
- **Release date:** 2010-12-08
- **Type:** Other enforcement
- **Title:** U.S. District Court Orders Two Florida Residents and a Florida Firm to Pay More Than $4 Million for Defrauding Investors in a Foreign Currency Scheme
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/5950-10

## 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 5950-10, "U.S. District Court Orders Two Florida Residents and a Florida Firm to Pay More Than $4 Million for Defrauding Investors in a Foreign Currency Scheme", 2010-12-08. Retrieved via AI Analytics 2026-07-07 from https://api.ai-analytics.org/cftc-action/5950-10.

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