# CFTC Charges Three Puerto Rico Residents and Their Companies with Misappropriating Over $13 Million in Connection with Commodity Pool Ponzi Scheme

> CFTC release 8656-23 · 2023-02-13 · **Ponzi scheme** · ENFORCEMENT

## Key facts

- **Release number:** 8656-23
- **Release date:** 2023-02-13
- **Type:** Ponzi scheme
- **Title:** CFTC Charges Three Puerto Rico Residents and Their Companies with Misappropriating Over $13 Million in Connection with Commodity Pool Ponzi Scheme
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/8656-23

## 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 8656-23, "CFTC Charges Three Puerto Rico Residents and Their Companies with Misappropriating Over $13 Million in Connection with Commodity Pool Ponzi Scheme", 2023-02-13. Retrieved via AI Analytics 2026-07-10 from https://api.ai-analytics.org/cftc-action/8656-23.

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