# CFTC Charges North Carolina Companies and Their Owners in $1 Million Foreign Currency Fraud and Misappropriation Scheme

> CFTC release 8446-21 · 2021-10-08 · **Fraud** · ENFORCEMENT

## Key facts

- **Release number:** 8446-21
- **Release date:** 2021-10-08
- **Type:** Fraud
- **Title:** CFTC Charges North Carolina Companies and Their Owners in $1 Million Foreign Currency Fraud and Misappropriation Scheme
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/8446-21

## 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 8446-21, "CFTC Charges North Carolina Companies and Their Owners in $1 Million Foreign Currency Fraud and Misappropriation Scheme", 2021-10-08. Retrieved via AI Analytics 2026-07-13 from https://api.ai-analytics.org/cftc-action/8446-21.

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