# CFTC Charges Douglas Elsworth Wilson and Three California Companies with Solicitation Fraud, Misappropriating Customer Funds, and Issuing False Statements in Multi-Million Dollar Commodity Futures and Forex Scheme

> CFTC release 6096-11 · 2011-08-23 · **Fraud** · ENFORCEMENT

## Key facts

- **Release number:** 6096-11
- **Release date:** 2011-08-23
- **Type:** Fraud
- **Title:** CFTC Charges Douglas Elsworth Wilson and Three California Companies with Solicitation Fraud, Misappropriating Customer Funds, and Issuing False Statements in Multi-Million Dollar Commodity Futures and Forex Scheme
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/6096-11

## 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 6096-11, "CFTC Charges Douglas Elsworth Wilson and Three California Companies with Solicitation Fraud, Misappropriating Customer Funds, and Issuing False Statements in Multi-Million Dollar Commodity Futures and Forex Scheme", 2011-08-23. Retrieved via AI Analytics 2026-07-04 from https://api.ai-analytics.org/cftc-action/6096-11.

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