# CFTC Charges Ronnie Gene Wilson of South Carolina and His Company, Atlantic Bullion & Coin, Inc., with Operating a $90 Million Silver Bullion Ponzi Scheme

> CFTC release 6275-12 · 2012-06-07 · **Ponzi scheme** · ENFORCEMENT

## Key facts

- **Release number:** 6275-12
- **Release date:** 2012-06-07
- **Type:** Ponzi scheme
- **Title:** CFTC Charges Ronnie Gene Wilson of South Carolina and His Company, Atlantic Bullion & Coin, Inc., with Operating a $90 Million Silver Bullion Ponzi Scheme
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/6275-12

## 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 6275-12, "CFTC Charges Ronnie Gene Wilson of South Carolina and His Company, Atlantic Bullion & Coin, Inc., with Operating a $90 Million Silver Bullion Ponzi Scheme", 2012-06-07. Retrieved via AI Analytics 2026-07-19 from https://api.ai-analytics.org/cftc-action/6275-12.

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