# CFTC Files Complaint in Federal Court against Eric Moncada, BES Capital LLC, and Serdika LLC Alleging Attempted Manipulation of Wheat Futures Contract Prices, Fictitious Sales, and Non-Competitive Transactions

> CFTC release 6441-12 · 2012-12-05 · **Market manipulation** · ENFORCEMENT

## Key facts

- **Release number:** 6441-12
- **Release date:** 2012-12-05
- **Type:** Market manipulation
- **Title:** CFTC Files Complaint in Federal Court against Eric Moncada, BES Capital LLC, and Serdika LLC Alleging Attempted Manipulation of Wheat Futures Contract Prices, Fictitious Sales, and Non-Competitive Transactions
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/6441-12

## 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 6441-12, "CFTC Files Complaint in Federal Court against Eric Moncada, BES Capital LLC, and Serdika LLC Alleging Attempted Manipulation of Wheat Futures Contract Prices, Fictitious Sales, and Non-Competitive Transactions", 2012-12-05. Retrieved via AI Analytics 2026-06-24 from https://api.ai-analytics.org/cftc-action/6441-12.

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