# Federal Court Orders Arizona Resident Ray Thomas Brown to Pay over $1.2 Million for Solicitation Fraud and Misappropriation in Operating Two Commodity Scams

> CFTC release 6870-14 · 2014-03-01 · **Fraud** · ENFORCEMENT

## Key facts

- **Release number:** 6870-14
- **Release date:** 2014-03-01
- **Type:** Fraud
- **Title:** Federal Court Orders Arizona Resident Ray Thomas Brown to Pay over $1.2 Million for Solicitation Fraud and Misappropriation in Operating Two Commodity Scams
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/6870-14

## 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 6870-14, "Federal Court Orders Arizona Resident Ray Thomas Brown to Pay over $1.2 Million for Solicitation Fraud and Misappropriation in Operating Two Commodity Scams", 2014-03-01. Retrieved via AI Analytics 2026-07-03 from https://api.ai-analytics.org/cftc-action/6870-14.

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