# CFTC Charges Danish Man in $1.5 Million Forex Fraud Scheme

> CFTC release 8164-20 · 2020-05-18 · **Fraud** · ENFORCEMENT

## Key facts

- **Release number:** 8164-20
- **Release date:** 2020-05-18
- **Type:** Fraud
- **Title:** CFTC Charges Danish Man in $1.5 Million Forex Fraud Scheme
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/8164-20

## 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 8164-20, "CFTC Charges Danish Man in $1.5 Million Forex Fraud Scheme", 2020-05-18. Retrieved via AI Analytics 2026-06-30 from https://api.ai-analytics.org/cftc-action/8164-20.

---

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