# Receiver Makes $792 Million Initial Distribution to Investors in New York Defendants Paul Greenwood’s and Stephen Walsh’s $1.3 Billion Investment Ponzi Scam Charged by the CFTC and SEC

> CFTC release 6027-11 · 2011-04-22 · **Ponzi scheme** · ENFORCEMENT

## Key facts

- **Release number:** 6027-11
- **Release date:** 2011-04-22
- **Type:** Ponzi scheme
- **Title:** Receiver Makes $792 Million Initial Distribution to Investors in New York Defendants Paul Greenwood’s and Stephen Walsh’s $1.3 Billion Investment Ponzi Scam Charged by the CFTC and SEC
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/6027-11

## 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 6027-11, "Receiver Makes $792 Million Initial Distribution to Investors in New York Defendants Paul Greenwood’s and Stephen Walsh’s $1.3 Billion Investment Ponzi Scam Charged by the CFTC and SEC", 2011-04-22. Retrieved via AI Analytics 2026-06-25 from https://api.ai-analytics.org/cftc-action/6027-11.

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