CFTC Charges California Resident Hannes Tulving, Jr., through his company, The Tulving Company, Inc., with Misappropriation and Fraudulent Solicitation in a $17.8 Million Precious Metals Scheme Fraud

CFTC release 7228-15 · 2015-09-12 · view on cftc.gov ↗

Key facts

Release number: 7228-15
Release date: 2015-09-12
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/7228-15

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.