CFTC Charges Florida Resident Abraham Gutterman and His Companies, Alliance Capital Metals LLC and AR Goldman Wealth Management, LLC with Commodity Gold and Oil Options Fraud and Misappropriation Fraud

CFTC release 6213-12 · 2012-03-21 · view on cftc.gov ↗

Key facts

Release number: 6213-12
Release date: 2012-03-21
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/6213-12

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.