# CFTC Obtains $21.8 Million Default Judgment against Former CBOE Member Alvin Guy Wilkinson and his Connecticut-based Firms for Misappropriation of Customer Funds and Fraudulent Solicitation in Ponzi Scheme

> CFTC release 7492-16 · 2016-12-01 · **Fraud** · ENFORCEMENT

## Key facts

- **Release number:** 7492-16
- **Release date:** 2016-12-01
- **Type:** Fraud
- **Title:** CFTC Obtains $21.8 Million Default Judgment against Former CBOE Member Alvin Guy Wilkinson and his Connecticut-based Firms for Misappropriation of Customer Funds and Fraudulent Solicitation in Ponzi Scheme
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/7492-16

## 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 7492-16, "CFTC Obtains $21.8 Million Default Judgment against Former CBOE Member Alvin Guy Wilkinson and his Connecticut-based Firms for Misappropriation of Customer Funds and Fraudulent Solicitation in Ponzi Scheme", 2016-12-01. Retrieved via AI Analytics 2026-07-03 from https://api.ai-analytics.org/cftc-action/7492-16.

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