Federal Court in Nebraska Imposes More than $10 Million in Sanctions against Michael B. Kratville, Jonathan W. Arrington, Elite Management Holdings Corp., and MJM Enterprises LLC for Commodity Pool Fraud Fraud

CFTC release 6854-14 · 2014-02-12 · view on cftc.gov ↗

Key facts

Release number: 6854-14
Release date: 2014-02-12
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/6854-14

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.