09/17/2001
GEORGIA INTERNET PROMOTERS CHARGED WITH COMMODITY FRAUD; CFTC Alleges that George Heffernan and Ellery Coleman Made False Claims Concerning Profits Generated by Commodity Trading Systems; Defendants Also Alleged to Have Violated CFTC Orders Issued Against Them in September and May 2000
09/05/2001
Canadian Resident and His Offshore Company Charged with Defrauding U.S. and Canadian Investors Through A Commodity Scam; CFTC Alleges That Defendants Andrew Duncan and Aurum Society, Inc. Operated "Ponzi" Scheme and Fraudulently Obtained Over $3 Million from Customers; Defendants also Alleged to have Misappropriated Funds,
09/04/2001
Iowa Commodities Speculator Settles Government Charges; CFTC Bans Frederick Mersch From Trading For Two Years For False Reporting and Exceeding Trading Limits on Frozen Pork Belly Futures
09/04/2001
CFTC Charges Los Angeles Commodity Broker with Fraud; CFTC Alleges that Broker Alfred Gladstone Fraudulently Claimed That He Made Millions In Profits When In Fact, His Customers Had Net Losses Of Over $1 Million; Although 99% Of His Customers Lost Money, Broker Told Them That Their Investments Were "a Sure Bet",
08/28/2001
CFTC's Latest Action Part of Nationwide Crackdown on Foreign Currency (Forex) Scams; Complaint Charges Defendants with Defrauding U.S. and Canadian Citizens; Telemarketers Used High-Pressure Sales Tactics to Solicit Customers
08/28/2001
Georgia Defendants Settle Commodity Fraud Charges; CFTC Permanently Bans James E. Stephens, III, and Trendsystems, Inc. from Trading on Behalf of Others
08/21/2001
Avista Energy, Inc. Ordered to Pay $2.1 Million to Settle CFTC Charges of Manipulating Electricity Futures; Former Company Officers and Employees and NYMEX Floor Broker also Charged with Manipulation
08/20/2001
CFTC Files Enforcement Action Charging Two Chicago Firms and Resident with a Failure to Supervise Foreign Accounts; CFTC Files Complaint Against Excellent USA And John Gallwas and Accepts Settlement Offer From LFG
08/16/2001
CFTC Settles Fraud Action Against COMEX Floor Broker Vincent Coppola
08/14/2001
CFTC Files Enforcement Actions Against Los Angeles-Based Firms Selling Illegal Foreign Currency (FOREX) Investments to the Retail Public; Acro Information Service, Inc., Pakco Holdings Limited and Dr. Florentius Chan Charged with Committing Fraud; Acro's Customers were Members of Asian and Other Ethnic Communities; In the Second Action, Fintrex, Inc., Arman Ovsepyan, and Lytresse Fox Are Charged with Offering Illegal Off-Exchange Forex Futures Contracts
