# Federal Court Orders Oregon Man to Pay Over $209 Million in Monetary Sanctions for Commodity Pool Ponzi Schemes

> CFTC release 8959-24 · 2024-09-03 · **Ponzi scheme** · ENFORCEMENT

## Key facts

- **Release number:** 8959-24
- **Release date:** 2024-09-03
- **Type:** Ponzi scheme
- **Title:** Federal Court Orders Oregon Man to Pay Over $209 Million in Monetary Sanctions for Commodity Pool Ponzi Schemes
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/8959-24

## 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 8959-24, "Federal Court Orders Oregon Man to Pay Over $209 Million in Monetary Sanctions for Commodity Pool Ponzi Schemes", 2024-09-03. Retrieved via AI Analytics 2026-07-18 from https://api.ai-analytics.org/cftc-action/8959-24.

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