# 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

> CFTC release 6854-14 · 2014-02-12 · **Fraud** · ENFORCEMENT

## Key facts

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

## 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 6854-14, "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", 2014-02-12. Retrieved via AI Analytics 2026-07-10 from https://api.ai-analytics.org/cftc-action/6854-14.

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