# Federal Court Orders Cindy and Paul Vandivier to Pay Civil Monetary Penalties and Restitution of Almost $3 Million to Settle CFTC Charges of Operating an Illegal, Off-Exchange Precious Metals Scheme

> CFTC release 7323-16 · 2016-02-10 · **Settlement** · ENFORCEMENT

## Key facts

- **Release number:** 7323-16
- **Release date:** 2016-02-10
- **Type:** Settlement
- **Title:** Federal Court Orders Cindy and Paul Vandivier to Pay Civil Monetary Penalties and Restitution of Almost $3 Million to Settle CFTC Charges of Operating an Illegal, Off-Exchange Precious Metals Scheme
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/7323-16

## 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 7323-16, "Federal Court Orders Cindy and Paul Vandivier to Pay Civil Monetary Penalties and Restitution of Almost $3 Million to Settle CFTC Charges of Operating an Illegal, Off-Exchange Precious Metals Scheme", 2016-02-10. Retrieved via AI Analytics 2026-07-11 from https://api.ai-analytics.org/cftc-action/7323-16.

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