# Federal Court Orders California Resident Ghassan Tawachi and His Firm, Intelligent Trades, LLC, to Pay in Total Nearly $1.5 Million in Disgorgement and a Monetary Penalty for Defrauding Clients through a Bogus Commodity Futures Trading System

> CFTC release 7415-16 · 2016-08-02 · **Other enforcement** · ENFORCEMENT

## Key facts

- **Release number:** 7415-16
- **Release date:** 2016-08-02
- **Type:** Other enforcement
- **Title:** Federal Court Orders California Resident Ghassan Tawachi and His Firm, Intelligent Trades, LLC, to Pay in Total Nearly $1.5 Million in Disgorgement and a Monetary Penalty for Defrauding Clients through a Bogus Commodity Futures Trading System
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/7415-16

## 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 7415-16, "Federal Court Orders California Resident Ghassan Tawachi and His Firm, Intelligent Trades, LLC, to Pay in Total Nearly $1.5 Million in Disgorgement and a Monetary Penalty for Defrauding Clients through a Bogus Commodity Futures Trading System", 2016-08-02. Retrieved via AI Analytics 2026-06-15 from https://api.ai-analytics.org/cftc-action/7415-16.

---

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