Tennessee Federal Court Imposes More than $49.7 Million in Monetary Sanctions on Dennis R. Bolze and His Company, Centurion Asset Management, Inc. for Fraud and Misappropriation in Commodity Pool Ponzi Scheme Fraud

CFTC release 5995-11 · 2011-03-05 · view on cftc.gov ↗

Key facts

Release number: 5995-11
Release date: 2011-03-05
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/5995-11

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.