Federal Court in Texas Orders Total Call Group, Inc. and its Principals to Pay over $4.8 Million in Fines for Making False Representations and Issuing False Account Statements in Forex Fraud Fraud

CFTC release 6227-12 · 2012-04-10 · view on cftc.gov ↗

Key facts

Release number: 6227-12
Release date: 2012-04-10
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/6227-12

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.