# Federal Court Orders Defendants Arista LLC, Abdul Sultan Walji, and Reniero Francisco, All of Southern California, to Pay over $22 Million in Restitution and Fines for Commodity Pool Fraud and Making False Statements to the CFTC

> CFTC release 6786-13 · 2013-12-05 · **Fraud** · ENFORCEMENT

## Key facts

- **Release number:** 6786-13
- **Release date:** 2013-12-05
- **Type:** Fraud
- **Title:** Federal Court Orders Defendants Arista LLC, Abdul Sultan Walji, and Reniero Francisco, All of Southern California, to Pay over $22 Million in Restitution and Fines for Commodity Pool Fraud and Making False Statements to the CFTC
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/6786-13

## 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 6786-13, "Federal Court Orders Defendants Arista LLC, Abdul Sultan Walji, and Reniero Francisco, All of Southern California, to Pay over $22 Million in Restitution and Fines for Commodity Pool Fraud and Making False Statements to the CFTC", 2013-12-05. Retrieved via AI Analytics 2026-06-25 from https://api.ai-analytics.org/cftc-action/6786-13.

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