Federal Court in Texas Orders Houston-based Defendants Christopher Daley and his Company, TC Credit Service d/b/a Del-Mair Group, to Pay Over $2.6 Million for Fraud in a Commodity Pool Scheme Fraud

CFTC release 6454-12 · 2012-12-11 · view on cftc.gov ↗

Key facts

Release number: 6454-12
Release date: 2012-12-11
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/6454-12

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.