CFTC Orders South Florida Resident Alan A. Grant and his Company, Francis Grant Investments Inc., to Pay $500,000 in Forex Fraud Charges Fraud

Key facts

Release number

6139-11

Release date

2011-11-10

Type

Fraud

Primary source

https://www.cftc.gov/PressRoom/PressReleases/6139-11

About CFTC enforcement

The CFTC charges market participants under the Commodity Exchange Act for spoofing, manipulation, fraud, wash trades, registration violations, and commodity-pool-operator misconduct. Most actions settle with restitution + civil money penalty + a bar/suspension. Crypto-asset cases have been a major share since 2019.