Federal Court in Florida Orders Anthony J. Klatch II, Lindsey Heim, and their Company Assurance Capital Management, LLC to Pay More than $2.4 Million in Restitution and Civil Monetary Penalties for Commodity Pool Fraud and Misappropriation Fraud

CFTC release 7589-17 · 2017-07-12 · view on cftc.gov ↗

Key facts

Release number: 7589-17
Release date: 2017-07-12
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/7589-17

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.