07/14/2004
CFTC SETTLES RECORDKEEPING CHARGES AGAINST UNITED ENERGY, INC. AND DANA CHRISTOPHER BRAY RELATING TO TRADING IN NATURAL GAS FUTURES; United Energy, Inc. Also Settles Charges of Failure to Supervise Bray
07/14/2004
FEDERAL COURT ORDERS FLORIDA RESIDENTS TO PAY MORE THAN $22 MILLION IN CFTC FOREIGN CURRENCY (FOREX) FUTURES FRAUD ACTION; Court Orders Defendant Donald O'Neill and His Companies to Repay Over $12 Million to Investors and Pay Civil Monetary Penalties Totaling $10.6 Million
07/14/2004
CFTC SETTLES CHARGES AGAINST THREE FORMER AGENTS OF CONVICTED FELON JOHN WHEELER; Defendants Michael Fagan, Robert Mendoza, and Gary Wood Agree to Turn Over Money They Received from Wheeler as Commissions
07/13/2004
CFTC ORDERS PONZI SCHEME PARTICIPANTS WILLIAM ROGERS, MARIA TOCZYLOWSKI, AND HAROLD LUDWIG TO PAY MILLIONS; Two Former Officers of Republic New York Securities Corp. and Former Director of Princeton Global Management, Ltd., Ordered to Pay Over $14 Million in Restitution and Penalties
07/01/2004
CFTC SUES MINNEAPOLIS-BASED NRG ENERGY, INC., CHARGING NRG WITH FALSELY REPORTING NATURAL GAS TRADES
07/01/2004
CFTC IMPOSES $7 MILLION CIVIL PENALTY ON DENVER-BASED ENERGY FIRM; Western Gas Resources, Inc. Charged With False Reporting and Attempted Manipulation in Violation of the Commodity Exchange Act
06/29/2004
SOUTH FLORIDA FOREIGN EXCHANGE TRADING FIRMS CHARGED WITH DEFRAUDING CUSTOMERS, COURT FREEZES DEFENDANTS' ASSETS; Worldwide Forex, Inc., Global Atlantic Management, Inc., and A Principal Allegedly Told Customers that the Possibility of War with Iraq Would Result in Significant Profits
06/29/2004
FRAUD CHARGES BROUGHT AGAINST FLORIDA FOREIGN CURRENCY FIRMS AND EMPLOYEES; CFTC Alleges that Sterling Trading Group, Inc., Universal FX, Inc., and Employees Joseph Arsenault and Andrew Stern Defrauded Customers and Defendant Graystone Browne Financial, Inc. Charged with Offering Illegal Option Contracts
06/29/2004
FLORIDA BUSINESSES AND EMPLOYEES CHARGED WITH FRAUD; CFTC Alleges that Next Financial Services Unlimited, Inc., New World Trading, LLC, and Employees Aaron Ettinger and Robert LaRocca Fraudulently Solicited Customers to Trade Illegal, Off-Exchange Foreign Currency Option Contracts; Federal Court Enters Order Freezing Defendants' Assets
06/21/2004
CFTC CHARGES FLORIDA OPTIONS FIRM FIRST AMERICAN INVESTMENT SERVICES, INC., WITH DEFRAUDING CUSTOMERS OF OVER $12 MILLION; First American President Steve Knowles and Employees Michael Savitsky, Adam Mills, Greg Allotta, and James Eulo Allegedly Lied When Pitching Commodity Options to Customers
