# CFTC Charges Wisconsin Resident Eric N. Schmickle and His Company, Q Wealth Management Inc., with Operating a $5.3 Million Commodity Futures Fraud

> CFTC release 6362-12 · 2012-09-26 · **Fraud** · ENFORCEMENT

## Key facts

- **Release number:** 6362-12
- **Release date:** 2012-09-26
- **Type:** Fraud
- **Title:** CFTC Charges Wisconsin Resident Eric N. Schmickle and His Company, Q Wealth Management Inc., with Operating a $5.3 Million Commodity Futures Fraud
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/6362-12

## 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 6362-12, "CFTC Charges Wisconsin Resident Eric N. Schmickle and His Company, Q Wealth Management Inc., with Operating a $5.3 Million Commodity Futures Fraud", 2012-09-26. Retrieved via AI Analytics 2026-06-26 from https://api.ai-analytics.org/cftc-action/6362-12.

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