Federal Court in Texas Orders Robert Mihailovich, Sr. and Growth Capital Management LLC to Pay over $9.3 Million in CFTC Anti-fraud Action Fraud

CFTC release 6299-12 · 2012-07-10 · view on cftc.gov ↗

Key facts

Release number
6299-12
Release date
2012-07-10
Type
Fraud
Primary source
https://www.cftc.gov/PressRoom/PressReleases/6299-12

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.