# CFTC Charges Alpha Trade Group, S.A. and Six Individuals with Fraud and Misappropriation in Connection with a $1.7 Million Foreign Currency and Futures Scheme

> CFTC release 6115-11 · 2011-09-29 · **Fraud** · ENFORCEMENT

## Key facts

- **Release number:** 6115-11
- **Release date:** 2011-09-29
- **Type:** Fraud
- **Title:** CFTC Charges Alpha Trade Group, S.A. and Six Individuals with Fraud and Misappropriation in Connection with a $1.7 Million Foreign Currency and Futures Scheme
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/6115-11

## 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 6115-11, "CFTC Charges Alpha Trade Group, S.A. and Six Individuals with Fraud and Misappropriation in Connection with a $1.7 Million Foreign Currency and Futures Scheme", 2011-09-29. Retrieved via AI Analytics 2026-05-20 from https://api.ai-analytics.org/cftc-action/6115-11.

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