# Federal Court Orders Former Citigroup Director, John Aaron Brooks, to Pay $500,000 for Defrauding Two Citigroup Companies by Mismarking and Inflating the Value of His Position in Ethanol Futures to Conceal His Trading Losses

> CFTC release 6970-14 · 2014-08-05 · **Other enforcement** · ENFORCEMENT

## Key facts

- **Release number:** 6970-14
- **Release date:** 2014-08-05
- **Type:** Other enforcement
- **Title:** Federal Court Orders Former Citigroup Director, John Aaron Brooks, to Pay $500,000 for Defrauding Two Citigroup Companies by Mismarking and Inflating the Value of His Position in Ethanol Futures to Conceal His Trading Losses
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/6970-14

## 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 6970-14, "Federal Court Orders Former Citigroup Director, John Aaron Brooks, to Pay $500,000 for Defrauding Two Citigroup Companies by Mismarking and Inflating the Value of His Position in Ethanol Futures to Conceal His Trading Losses", 2014-08-05. Retrieved via AI Analytics 2026-06-26 from https://api.ai-analytics.org/cftc-action/6970-14.

---

*[CFTC actions dataset](/datasets/cftc-actions) · CC0 1.0*