# CFTC Orders Iowa Resident Jeffrey J. Kinseth and His Company, Virtual Vision Inc., to Pay More than $1 Million in Restitution and Penalties in Fraud Action

> CFTC release 6187-12 · 2012-02-24 · **Fraud** · ENFORCEMENT

## Key facts

- **Release number:** 6187-12
- **Release date:** 2012-02-24
- **Type:** Fraud
- **Title:** CFTC Orders Iowa Resident Jeffrey J. Kinseth and His Company, Virtual Vision Inc., to Pay More than $1 Million in Restitution and Penalties in Fraud Action
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/6187-12

## 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 6187-12, "CFTC Orders Iowa Resident Jeffrey J. Kinseth and His Company, Virtual Vision Inc., to Pay More than $1 Million in Restitution and Penalties in Fraud Action", 2012-02-24. Retrieved via AI Analytics 2026-07-15 from https://api.ai-analytics.org/cftc-action/6187-12.

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