# CFTC Charges Brooklyn Resident Yehuda L. Belsky with Binary Options Fraud, Violating a Prior CFTC Order and Making False Statements to the CFTC

> CFTC release 7802-18 · 2018-09-26 · **Fraud** · ENFORCEMENT

## Key facts

- **Release number:** 7802-18
- **Release date:** 2018-09-26
- **Type:** Fraud
- **Title:** CFTC Charges Brooklyn Resident Yehuda L. Belsky with Binary Options Fraud, Violating a Prior CFTC Order and Making False Statements to the CFTC
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/7802-18

## 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 7802-18, "CFTC Charges Brooklyn Resident Yehuda L. Belsky with Binary Options Fraud, Violating a Prior CFTC Order and Making False Statements to the CFTC", 2018-09-26. Retrieved via AI Analytics 2026-07-07 from https://api.ai-analytics.org/cftc-action/7802-18.

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