Federal Court in California Orders Charles Steven Goodie and His Business, CSG Commodity Service Group, to Pay Nearly $1.2 Million to Settle CFTC Commodity Pool Fraud Action Fraud

CFTC release 6343-12 · 2012-09-01 · view on cftc.gov ↗

Key facts

Release number: 6343-12
Release date: 2012-09-01
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/6343-12

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.