Federal Court Orders North Carolina Resident James Harvey Mason to Pay a Civil Penalty and Restitution Totaling $5.5 Million for Commodity Pool Fraud Fraud

CFTC release 7164-15 · 2015-04-30 · view on cftc.gov ↗

Key facts

Release number
7164-15
Release date
2015-04-30
Type
Fraud
Primary source
https://www.cftc.gov/PressRoom/PressReleases/7164-15

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.