# CFTC Orders California Resident to Pay $300,000 for a Fictitious Sales Scheme

> CFTC release 8781-23 · 2023-09-22 · **Other enforcement** · ENFORCEMENT

## Key facts

- **Release number:** 8781-23
- **Release date:** 2023-09-22
- **Type:** Other enforcement
- **Title:** CFTC Orders California Resident to Pay $300,000 for a Fictitious Sales Scheme
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/8781-23

## 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 8781-23, "CFTC Orders California Resident to Pay $300,000 for a Fictitious Sales Scheme", 2023-09-22. Retrieved via AI Analytics 2026-06-26 from https://api.ai-analytics.org/cftc-action/8781-23.

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