CFTC Charges Grahame Rhodes of Missouri with Fraud, Misappropriation, and Commingling Funds in Multi-Million Dollar Commodity Pool Ponzi Scheme Fraud

CFTC release 6354-12 · 2012-09-20 · view on cftc.gov ↗

Key facts

Release number
6354-12
Release date
2012-09-20
Type
Fraud
Primary source
https://www.cftc.gov/PressRoom/PressReleases/6354-12

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.