# CFTC Charges Nebraska Residents Jonathan W. Arrington, Michael B. Kratville and Michael J. Welke and their Companies with $4.7 Million Fraud

> CFTC release 6045-11 · 2011-05-27 · **Fraud** · ENFORCEMENT

## Key facts

- **Release number:** 6045-11
- **Release date:** 2011-05-27
- **Type:** Fraud
- **Title:** CFTC Charges Nebraska Residents Jonathan W. Arrington, Michael B. Kratville and Michael J. Welke and their Companies with $4.7 Million Fraud
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/6045-11

## 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 6045-11, "CFTC Charges Nebraska Residents Jonathan W. Arrington, Michael B. Kratville and Michael J. Welke and their Companies with $4.7 Million Fraud", 2011-05-27. Retrieved via AI Analytics 2026-06-27 from https://api.ai-analytics.org/cftc-action/6045-11.

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