# Federal Court in Idaho Orders Brad Lee Demuzio and Demuzio Capital Management, LLC, to Pay over $3 Million in Connection with CFTC Commodity Pool Forex Fraud Action

> CFTC release 6407-12 · 2012-11-02 · **Fraud** · ENFORCEMENT

## Key facts

- **Release number:** 6407-12
- **Release date:** 2012-11-02
- **Type:** Fraud
- **Title:** Federal Court in Idaho Orders Brad Lee Demuzio and Demuzio Capital Management, LLC, to Pay over $3 Million in Connection with CFTC Commodity Pool Forex Fraud Action
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/6407-12

## 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 6407-12, "Federal Court in Idaho Orders Brad Lee Demuzio and Demuzio Capital Management, LLC, to Pay over $3 Million in Connection with CFTC Commodity Pool Forex Fraud Action", 2012-11-02. Retrieved via AI Analytics 2026-07-02 from https://api.ai-analytics.org/cftc-action/6407-12.

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