Federal Court Orders North Carolina Resident Michael Anthony Jenkins and his Company, Harbor Light Asset Management, to Pay over $5.2 Million for Solicitation Fraud, Misappropriation, and Embezzlement in a Ponzi Scheme Fraud

CFTC release 6855-14 · 2014-02-12 · view on cftc.gov ↗

Key facts

Release number: 6855-14
Release date: 2014-02-12
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/6855-14

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.