# CFTC Obtains Default Judgment and Permanent Injunction against Florida Resident David L. Ortiz and His Companies for Defrauding Customers in Off-Exchange Foreign Currency Scam

> CFTC release 6069-11 · 2011-07-13 · **Court judgment** · ENFORCEMENT

## Key facts

- **Release number:** 6069-11
- **Release date:** 2011-07-13
- **Type:** Court judgment
- **Title:** CFTC Obtains Default Judgment and Permanent Injunction against Florida Resident David L. Ortiz and His Companies for Defrauding Customers in Off-Exchange Foreign Currency Scam
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/6069-11

## 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 6069-11, "CFTC Obtains Default Judgment and Permanent Injunction against Florida Resident David L. Ortiz and His Companies for Defrauding Customers in Off-Exchange Foreign Currency Scam", 2011-07-13. Retrieved via AI Analytics 2026-07-04 from https://api.ai-analytics.org/cftc-action/6069-11.

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