Federal Court in Utah Imposes over $44 Million in Sanctions against Robert Andres and His Company, Winsome Investment Trust, and Robert Holloway and His Company, US Ventures, for Commodity Pool Fraud and Misappropriation Fraud

CFTC release 6950-14 · 2014-06-20 · view on cftc.gov ↗

Key facts

Release number: 6950-14
Release date: 2014-06-20
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/6950-14

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.