Font Size: AAA // Print // Bookmark

Enforcement Press Releases

All // General Press Releases // Enforcement Press Releases
View By Year: 2013 // 2012 // 2011 // 2010 // 2009 // 2008 // 2007 // Press Room Archive
Date
Enforcement Press Releases
12/19/2011
Michigan Federal Court Orders Jeffrey L. Groendyke and JG Forex Fund to Pay over $1.4 Million for Operating a Forex Ponzi Scheme, 6160-11
12/14/2011
CFTC Settles False Reporting Charges against Mark Vanderploeg and his Companies Involving Grain Elevators and Cooperatives in Five Midwestern States, 6158-11
12/07/2011
CFTC Charges Pro Trading Course, LLC, and Richard Regan with Solicitation Fraud, 6155-11
12/07/2011
CFTC Orders Merrill Lynch Commodities, Inc. to Pay $350,000 Civil Penalty for Violating Cotton Futures Speculative Position Limits, 6154-11
12/06/2011
CFTC Charges San Diego Resident Charles Steven Goodie and His Company, CSG Commodity Services Group, with Commodity Pool Fraud, 6152-11
12/01/2011
CFTC Charges Brant L. Rushton and Melissa C. Rushston and their Company, Summit Trading & Capital LLC, with Misappropriation and Issuing False Statements in Fraudulent Commodity Scheme , 6150-11
11/30/2011
CFTC Charges Mississippi Residents Gary and Bradley Futch and Their Company, Tradewind Investments, LLC, with Commodity Options Fraud , 6149-11
11/28/2011
CFTC Orders London-based Enskilda Futures Ltd. and Its Swedish Principal, Skandinaviska Enskilda Banken AB, to Pay a $150,000 Civil Penalty for Supervision Violations, 6147-11
11/23/2011
Federal Court Orders Wisconsin-based Forex Dealer Jacob Juma Omukwe and His Companies to Pay over $2.6 Million in Restitution and Penalties in Foreign Currency Scheme, 6146-11
11/16/2011
CFTC Charges California Residents Robert Cannone, Thomas Breen, and Francis Franco and Their Company, National Equities Holdings, Inc. with $1.4 Million Commodity Pool Fraud, 6142-11
11/16/2011
CFTC Files Enforcement Actions against International Commodity Advisors, ProfitStars Int’l Corp., and Paragon FX Enterprises, Alleging Violations of the Commodity Exchange Act and Forex Regulations, pr6141-11
11/09/2011
CFTC Orders South Florida Resident Alan A. Grant and his Company, Francis Grant Investments Inc., to Pay $500,000 in Forex Fraud Charges, pr6139-11
11/09/2011
CFTC Sanctions Velocity Futures, LLC, for Supervision Violations, 6138-11
11/09/2011
CFTC Charges GID Group, Inc., Rodney and Roger Wagner with Fraud and Misappropriation in Connection with a $5.5 Million Forex Ponzi Scheme, 6137-11
11/09/2011
CFTC Charges Denver Man Nicholas Trimble and His Two Companies with Solicitation Fraud and Misappropriating Customer Funds in Million Dollar Foreign Currency Scheme, 6136-11
11/04/2011
CFTC Obtains Orders against Patrick Rakotonanahary and his Company, Cyber Market Group LLC, for Defrauding Customers in a Multi-Million Dollar Foreign Currency Ponzi Scheme, 6135-11
11/04/2011
Court Orders Jeffery A. Lowrance and His Company to Pay More than $4.5 Million for Operating Foreign Currency Ponzi Scheme, 6134-11
11/01/2011
Federal Court Orders Charlotte, NC, Couple and Their Companies to Pay $24 Million for Defrauding Customers in Foreign Currency Ponzi Scheme, 6133-11
10/27/2011
North Carolina Federal Court Orders Rodney W. Whitney, Nicholas T. Cox, and Integra Capital Management, LLC, to Pay Over $6.9 Million for Ponzi Scheme, 6130-11
10/26/2011
CFTC Seeks to Revoke or Suspend the Registration of Raleigh Capital Management, Inc., 6129-11
10/26/2011
CFTC Files Anti-Fraud Action against Idahoan Michael Justin Hoopes for Operating a Multi-Million Dollar Ponzi Scheme that Defrauded Mostly Idaho Residents, 6128-11
10/25/2011
CFTC Charges Texas Residents Linda Harris, Chance Harris and Two of Their Companies with Solicitation Fraud, Misrepresentation, and Misappropriation in Multi-Million Dollar Forex Scheme, 6127-11
10/19/2011
CFTC Obtains Permanent Injunction against California Resident Scott Bottolfson and His Two Companies for Defrauding Customers in Multi-Million Dollar Commodity Pool Ponzi Scheme, 6125-11
10/11/2011
CFTC Obtains Default Judgment against North Carolina Foreign Currency Firm Barki LLC in a $38 Million Ponzi Scheme, 6123-11
10/11/2011
Federal Court Orders Texas Resident Ray M. White and CRW Management LP to Pay More than $19 Million for Defrauding Customers and Misappropriating Millions of Dollars in Forex Fraud, 6122-11
10/06/2011
CFTC Releases Annual Enforcement Results, 6121-11
10/04/2011
Federal Court Orders Convict Perry Jay Griggs and His Wife to Pay $2.1 Million Civil Penalty for Multi-Million Dollar Commodity Pool Fraud and Misappropriation, 6120-11
10/03/2011
Forex Capital Markets LLC Ordered to Pay More Than $14.2 Million to Settle CFTC Charges Relating to Its Failure to Supervise Customer Accounts , 6119-11
09/30/2011
CFTC Charges Oscar Hernandez and His Florida Companies with Operating $3 Million Commodity Pool Ponzi Scheme , 6118-11
09/28/2011
CFTC Charges Alpha Trade Group, S.A. and Six Individuals with Fraud and Misappropriation in Connection with a $1.7 Million Foreign Currency and Futures Scheme , 6115-11
09/22/2011
CFTC Charges National Accounting Firm McGladrey & Pullen, LLP, and Partner David Shane with Failure to Properly Audit One World Capital Group, a Former Registered Futures Commission Merchant, 6114-11
09/15/2011
CFTC Charges California Resident James D. Crombie and Paron Capital Management, LLC with Making False, Fictitious, or Fraudulent Statements to the National Futures Association, 6112-11
09/09/2011
CFTC Charges North Carolina Resident Toby D. Hunter and Two of His Companies with Fraud and Misappropriation in Multi-Million Dollar Commodity Scheme, 6110-11
09/08/2011
CFTC Charges Massachusetts Man Jeffrey Liskov and His Company, EagleEye Asset Management, LLC, with Committing a $3 Million Forex Fraud, 6109-11
09/08/2011
CFTC Sues 11 Foreign Currency Firms in Second Nationwide Sweep Against Unregistered Firms, 6108-11
09/01/2011
CFTC Charges North Carolinian Roy Scarboro, Jr. with Solicitation Fraud and Misappropriating Customer Funds in Forex Scheme, 6103-11
08/31/2011
CFTC Obtains Final Judgment against Italian National Carmine Garofalo Charged with Illegal Trading , 6100-11
08/25/2011
Chicago-Based Floor Broker Craig Taffel Pays $180,000 Civil Monetary Penalty to Settle Charges that He Acted as an Unregistered Futures Commission Merchant, 6099-11
08/25/2011
Chicago Futures Commission Merchant Tenco, Inc. Settles CFTC Charges that it Failed to Diligently Supervise and Placed Trades Without Proper Authorization, 6098-11
08/25/2011
CFTC Orders Dearborn Trading, Inc. and Joel Bronstein of Chicago, Illinois to pay $180,000 Civil Penalty for Failing to File Pool’s Closing Annual Report, 6097-11
08/22/2011
CFTC Charges Douglas Elsworth Wilson and Three California Companies with Solicitation Fraud, Misappropriating Customer Funds, and Issuing False Statements in Multi-Million Dollar Commodity Futures and Forex Scheme, 6096-11
08/10/2011
CFTC Charges Blue Sky Capital Management Corp. and Gregory M. Schneider with Making False Statements to the National Futures Association, 6091-11
08/08/2011
Federal Court Finds that St. Augustine, Florida, Couple and Their Company Defrauded Customers in Off-Exchange Foreign Currency Scheme, 6090-11
08/08/2011
Federal Court Orders Moroccan National and Former Citigroup Trader Otmane El Rhazi to Pay Over $1.49 Million for Unlawful Trading and Misappropriation from a Citibank, N.A. Proprietary Account , 6089-11
08/05/2011
CFTC Charges Tampa Resident Anthony J. Klatch II and Four Other Defendants with Fraudulently Soliciting over $11.3 Million, 6088-11
08/03/2011
London-based Forex Capital Markets Ltd. Ordered to Pay $140,000 Penalty to Settle CFTC Charges of Acting as an Unregistered Retail Forex Exchange Dealer, 6087-11
07/28/2011
Federal Court in California Orders Ruben Gonzalez, Jose Naranjo, and their Company to Pay over $8 Million for Operating Ponzi Scheme and Misappropriation, 6086-11
07/28/2011
CFTC Charges Susan G. Davis, David E. Howard II, Joseph Burgos, and their Companies with Fraud in Off-Exchange Foreign Currency Scheme, 6083-11
07/27/2011
Federal Court in Illinois Orders Jay C. Nolan and His Company, Lodge Capital Group, LLC, to Pay $825,000 Civil Monetary Penalty for Multi-Million Commodity Pool Fraud Scheme, 6082-11
07/25/2011
Christopher L. Pia, Former Portfolio Manager for Hedge Fund Moore Capital Management, LLC, to Pay $1 Million Penalty to Settle CFTC Charges of Attempted Manipulation, 6079-11
07/21/2011
Federal Court in Texas Orders Jeremiah C. Yancy and His Company to Pay More than $2 Million for Foreign Currency Ponzi Scheme and Misappropriation, 6077-11
07/19/2011
Ecoval Dairy Trade, Inc. Ordered to Pay $1,425,000 Penalty to Settle CFTC Charges of Attempted Manipulation of Non Fat Dry Milk Futures Prices, 6075-11
07/15/2011
CFTC Charges Jeffery A. Lowrance and His Company, First Capital Savings and Loan, with Operating a Million Dollar Foreign Currency Ponzi Scheme, 6074-11
07/13/2011
Federal Court in Illinois Orders Joseph A. Dawson to Pay $2.1 Million Penalty for Commodity Pool Fraud and Misappropriation, 6072-11
07/13/2011
CFTC Charges Robert S. Moss of North Carolina with Commodity Pool Fraud and Misappropriation, 6071-11
07/12/2011
CFTC Obtains Default Judgment and Permanent Injunction against Florida Resident David L. Ortiz and His Companies for Defrauding Customers in Off-Exchange Foreign Currency Scam, 6069-11
07/08/2011
CFTC Charges CIS Commodities LLC and Allen N. Ward with Misappropriation of Customer Funds and also Charges CIS, Ward, Trans Global Investments, LLC and Charles Leroy Timberlake with Misrepresentation and Issuing False Statements, 6068-11
07/07/2011
Texas Federal Court Issues Order Freezing Assets of Mark Rice and His Houston Company, Financial Robotics, 6067-11
06/30/2011
CFTC Charges Grand Island, Nebraska Resident with Fraud and Records Violations in Connection with $4 Million Commodity Pool, 6065-11
06/30/2011
CFTC Charges Colorado-based Flint-McClung Capital LLC and Shawon McClung with Fraud and Misappropriation in $1.9 Million Off-Exchange Foreign Currency Ponzi Scheme, 6063-11
06/30/2011
CFTC Charges Two Air Traffic Controllers and Commodity Trader Michael Gomez with Fraud and Misappropriation in $1.4 Million Dollar Off-Exchange Foreign Currency Scheme, 6061-11
06/27/2011
CFTC Orders Mark Adrian of Florida to Pay $140,000 Civil Penalty in Fraudulent Foreign Currency Scheme, 6058-11
06/24/2011
CFTC Charges Juvenal Machado and Florida-based Invers Forex, LLC with Defrauding Foreign Currency Customers of Almost $800,000 in Ponzi Scheme, 6057-11
06/20/2011
CFTC Obtains Default Judgment and Permanent Injunction against ForInvest Group aka ForInvests Group LLC for Violating Multiple CFTC Registration Requirements, 6055-11
06/15/2011
Federal Court in Florida Orders Capital Blu Management, LLC, Donovan Davis Jr., Damien Bromfield, Blayne Davis and DD International Holdings, LLC to Pay More than $17 Million for Committing Fraud, 6054-11
06/15/2011
CFTC Charges Victor E. Cilli and his company, Progressive Investment Funds LLC, with Operating a Commodity Pool Ponzi Scheme and Misappropriating Customer Funds, 6053-11
06/07/2011
CFTC Revokes Registrations of Texas-based M25 Investments, Inc. and M37 Investments, LLC, 6051-11
06/07/2011
CFTC Charges Neal E. Hall of North Carolina with Registration and Disclosure Violations, 6049-11
06/01/2011
Federal Court Orders Moroccan Resident Richmond Hamilton, Jr., and Chicago Commodity Pool Operator Raleigh Capital Management, Inc. to Pay More than $4 Million in Restitution and a Civil Monetary Penalty for Misappropriation & False Statements to the NFA, 6047-11
05/26/2011
Federal Court in Texas Orders Richard D. Theye to Pay More than $6.2 Million for Defrauding Investors in a Multi-Million Dollar Ponzi Scheme, 6046-11
05/26/2011
CFTC Charges Nebraska Residents Jonathan W. Arrington, Michael B. Kratville and Michael J. Welke and their Companies with $4.7 Million Fraud, 6045-11
05/25/2011
CFTC Sanctions Cadent Financial Services LLC $125,000 for Supervision Violations, 6042-11
05/24/2011
CFTC Charges Parnon Energy Inc., Arcadia Petroleum Ltd. and Arcadia Energy (Suisse) SA with Price Manipulation in the Crude Oil Market, 6041-11
05/17/2011
CFTC Charges Florida Firm, American Precious Metals, LLC, and Principals, Sammy J. Goldman and Harry Robert Tanner, Jr., with Fraud, 6040-11
05/16/2011
CFTC Charges Puerto Rico Resident Angel F. Collazo and ACJ Capital, Inc. with Solicitation Fraud and Issuing False Statements in Off-Exchange Leveraged Foreign Currency Scheme, 6039-11
05/12/2011
CFTC Settles Charges against FX Trading, LLC for Failing to Maintain Minimum Net Capital Required for Futures Commission Merchants, 6037-11
05/09/2011
Federal Court Orders Russian National Marat Yunusov to Pay $500,000 Civil Monetary Penalty for Illegal Commodity Futures Trading Scheme, 6036-11
05/04/2011
CFTC Charges Michigan Man Jeffrey L. Groendyke with Operating a Foreign Currency Ponzi Scheme and Misappropriating Customer Funds, 6034-11
05/02/2011
CFTC Permanently Bars Former CME Floor Broker Thorbjorn Haveman from Trading for Misappropriation and Fictitious, Noncompetitive and Unauthorized Trading , 6032-11
05/02/2011
CFTC Sanctions New York Resident Howard Winell and His Companies, Winell Associates, Inc., and Maxie Partners GP, LLC, More than $5.2 Million for Fraud, 6031-11
04/28/2011
CFTC Files Anti-Fraud Action against California Companies 20/20 Trading Company, Inc. and 20/20 Precious Metals, Inc. and their Employees, Bharat Adatia, Sharief McDowell and Todd Krejci, 6029-11
04/21/2011
New York Federal Court Orders Brian Kim and Liquid Capital Management, LLC, to Pay More than $12 Million in Restitution and Monetary Sanctions for Commodity Pool Fraud, 6028-11
04/21/2011
Receiver Makes $792 Million Initial Distribution to Investors in New York Defendants Paul Greenwood’s and Stephen Walsh’s $1.3 Billion Investment Ponzi Scam Charged by the CFTC and SEC, 6027-11
04/18/2011
CFTC Charges Citigroup Trader Otmane El Rhazi, a Moroccan National, with Unlawful Trading and Misappropriation from a Citibank Proprietary Account, 6025-11
04/14/2011
CFTC Charges California Resident Lyndon Lydell Parrilla and His Company, Green Tree Capital, with Fraud in Multi-Million Dollar Forex Scheme, 6024-11
04/12/2011
CFTC Settles Charges against Kuen Cheol Song for Illegal, Fictitious Trading Scheme , 6023-11
04/06/2011
CFTC Charges Pennsylvania-based New Century Investment Management LLC and Ward Onsa of Marco Island, Florida, with Operating a Commodity Pool Ponzi Scheme , 6016-11
03/30/2011
CFTC Charges Florida Precious Metals Company Kastle & Hawke, Inc. and its Principals, James A. Ward and Nathaniel R. Walker, with Fraud, 6014-11
03/29/2011
U.S. District Court Orders Texas Man Willie Lee Cloud, Jr. and his Company, C & R Financial, Inc., to Pay More than $5.35 Million in Restitution and a Civil Monetary Penalty for Operating a Foreign Currency Ponzi Scheme, 6012-11
03/22/2011
CFTC Sanctions Hernando Chovil of McLean, Virginia, for Fraud in Connection with Operating a Commodity Pool, 6008-11
03/22/2011
CFTC Sanctions Bunge Global Markets, Inc. $550,000 for Entering Pre-Market Soybean Futures Orders on Globex that Caused Non-Bona Fide Prices to be Reported, 6007-11
03/21/2011
CFTC Charges Florida Resident Jeremy M. Globe and his Company, GlobeFX Club, Inc., with Making False Statements to the National Futures Association, 6006-11
03/21/2011
CFTC and State of California Charge The Trade Tech Institute, Inc., Technology Trading International, Inc., Robert Sorchini and Richard Carter with Fraudulently Soliciting More than 600 Managed Commodity Trading Accounts , 6005-11
03/17/2011
CFTC Charges Florida Couple and their Company, Queen Shoals Consultants, LLC, with Defrauding Foreign Currency Customers of More than $1.44 Million, 6004-11
03/16/2011
Federal Court Orders Brookshire Raw Materials Management, LLC, John M. Marshall, Stephen Z. Adams and Other Companies to Pay More than $15.8 Million for Defrauding Pool Participants and Misappropriating Millions of Dollars in a Commodity Pool Scheme, 6003-11
03/15/2011
CFTC Charges Alan James Watson, Michael S. Potts and Cash Flow Financial LLC with Defrauding Customers in $45 Million Commodity Pool Ponzi Scheme, 6002-11
03/10/2011
Federal Court in North Carolina Orders Dennis Todd Hagemann and Yellowstone Partners, Inc. to Pay More than $1.6 Million for Defrauding Investors in a Foreign Currency Ponzi Scheme, 5999-11
03/09/2011
CFTC Charges Jacob Juma Omukwe and his Companies with Solicitation Fraud and Misappropriation in $3 Million Foreign Currency Scheme, 5997-11
03/04/2011
Arizona Federal Court Imposes More than $1.1 Million in Restitution and Monetary Sanctions on Helmut H. Weber, Charged with Fraud and Misappropriation in Foreign Currency Scheme, 5996-11
03/04/2011
Tennessee Federal Court Imposes More than $49.7 Million in Monetary Sanctions on Dennis R. Bolze and His Company, Centurion Asset Management, Inc. for Fraud and Misappropriation in Commodity Pool Ponzi Scheme , 5995-11
03/03/2011
California Federal Court Imposes More than $46.9 Million in Monetary Sanctions on Robert D. Bame and his Firm, Forward Investment Group, LLC, for Commodity Pool Fraud, 5994-11
03/01/2011
New York Federal Court Orders Staten Island Resident Jeffrey Shalhoub and Jeff Shalhoub Investments to Pay More than $700,000 in Connection with a Commodity Futures Ponzi Scheme, 5993-11
02/28/2011
CFTC Charges Florida Resident David L. Ortiz and his Companies, Goyep International, Inc. and Royal Returns, Inc., with Defrauding Customers in an Off-Exchange Foreign Currency Scam, 5992-11
02/24/2011
CFTC Seeks to Revoke the Registrations of Texas-based M25 Investments, Inc. and M37 Investments, LLC, 5991-11
02/22/2011
CFTC Charges Missouri Resident Randall L. Stuckey and His Three Business Entities with Soliciting at Least $2.8 Million from Customers in Foreign Currency (Forex) Futures Fraud, 5990-11
02/22/2011
CFTC Sanctions Cantor Fitzgerald & Co. $100,000 for Wash Sales and Causing Noncompetitive Trading in the Reformulated Gasoline Futures Contract Traded on the New York Mercantile Exchange, 5989-11
02/17/2011
Federal Court Freezes Assets of Texas Man Larry Benny Groover, Charged by the CFTC with Operating a Foreign Currency Ponzi Scheme and Misappropriating Customer Funds, 5986-11
02/16/2011
CFTC Obtains Asset Freeze against Keith Simmons, Deanna Salazar, Bryan Coats, Jonathan Davey and Their Companies, Charged in $35 Million Foreign Currency Ponzi Scheme, 5985-11
02/15/2011
New York Federal Court Freezes Assets of Brian Kim and His New York Firm, Liquid Capital Management LLC, 5984-11
02/14/2011
CFTC Charges Two North Carolina Residents and their Company, PMC Strategy, LLC, with Fraudulently Soliciting at least $669,000 in Foreign Currency Ponzi Scheme, 5983-11
02/09/2011
CFTC Charges New York Resident Hasaan R. Steel with Commodity Pool Fraud, 5982-11
02/07/2011
CFTC Orders Chicago-Based Futures Commission Merchant Newedge USA, LLC to Pay More than $220,000 for Violating Speculative Position Limits in Live Cattle Futures Trading, 5981-11
02/04/2011
CFTC Wins Commodity Fraud Trial , 5980-11
02/03/2011
CFTC Sanctions New York Resident James M. Peister and His Company, Northstar International Group, Inc., More than $11 Million to Settle CFTC Anti-Fraud Action , 5979-11
02/02/2011
Minnesota Federal Court Orders Minnesota Man Charles E. Hays and His Company, Crossfire Trading, LLC, to Pay More than $84 Million in Disgorgement and Civil Monetary Penalties in Connection with Multi-Million Dollar Commodity Pool Ponzi Scheme, 5978-11
01/31/2011
Utah Federal Court Freezes Assets of Robert Andres and His Houston Firm, Winsome Investment Trust, and Robert Holloway and His Salt Lake City Company, US Ventures LC, 5976-11
01/26/2011
CFTC Orders Illinois Traders Andrew Daniels, Ed Taylor and Daniels Trading Group LLC to Pay $2 Million and Imposes Trading Prohibition for Violating Rough Rice Speculative Position Limits and Concealing Material Facts from the CME Group, 5975-11
01/26/2011
CFTC Sues 14 Foreign Currency Firms in Nationwide Sweep, 5974-11
01/25/2011
Florida Federal Court Orders Sarasota Resident Beau Diamond and his Company, Diamond Ventures LLC, to Pay More than $4 Million in Restitution and Civil Monetary Penalties in Connection with Multi-Million Dollar Forex Fraud , 5971-11
01/24/2011
CFTC Charges Arizona Resident Anthony Eugene Linton with Operating a Foreign Currency Ponzi Scheme, 5970-11
01/13/2011
CFTC Sanctions Commodity Trading Advisor Alan F. Dasher, 5963-11
01/11/2011
CFTC Charges California Resident Scott Bottolfson with Operating a $14 Million Commodity Pool Ponzi Scheme, 5962-11
01/07/2011
Utah Resident Darren L. Shanks and His Firm, Forex Auto Profits, LLC, Ordered to Pay More than $2.9 Million in Fines and Restitution for Fraud and Misappropriation in Foreign Currency Scheme, 5961-11

See Also:

OpenGov Logo

CFTC's Commitment to Open Government

Media Contacts in Office of Public Affairs

  • Steven Adamske
  • 202-418-5080
Orange CFTC Banner

Press Room Email Subscriptions