# Federal Court in Nevada Orders Charles Leroy Timberlake and Trans Global Investments, LLC to Pay $340,000 to Settle Commodity Pool Fraud Charges

> CFTC release 6496-13 · 2013-01-16 · **Fraud** · ENFORCEMENT

## Key facts

- **Release number:** 6496-13
- **Release date:** 2013-01-16
- **Type:** Fraud
- **Title:** Federal Court in Nevada Orders Charles Leroy Timberlake and Trans Global Investments, LLC to Pay $340,000 to Settle Commodity Pool Fraud Charges
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/6496-13

## 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 6496-13, "Federal Court in Nevada Orders Charles Leroy Timberlake and Trans Global Investments, LLC to Pay $340,000 to Settle Commodity Pool Fraud Charges", 2013-01-16. Retrieved via AI Analytics 2026-05-19 from https://api.ai-analytics.org/cftc-action/6496-13.

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