Federal Court in Illinois Orders Chicago-Based Trader Bradley Scott Schiller to Pay more than $7.5 Million in Restitution and a Civil Monetary Penalty for a Multi-Million Dollar Commodity Futures Fraud Fraud

CFTC release 6661-13 · 2013-08-07 · view on cftc.gov ↗

Key facts

Release number: 6661-13
Release date: 2013-08-07
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/6661-13

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.