April 25, 2013
New CFTC Anti-Fraud Resources Released for Financial Capability Month
Washington, DC – President Obama proclaimed April as National Financial Capability Month stating, “All Americans deserve the chance to turn their hard work into a decent living.” Financial fraud, including Ponzi schemes, can turn all that hard work into nothing but memories and unrealized dreams. The U.S. Commodity Futures Trading Commission (CFTC) is part of the effort to fight fraud, having filed a number of cases charging fraud among the 102 enforcement cases brought in fiscal year 2012. To also help combat financial fraud, the CFTC’s Office of Consumer Outreach is making available new print resources to help consumers learn ways to protect themselves from frequently encountered and potentially devastating commodity futures trading frauds. Print brochures and the book, Ponzimonium, written by CFTC Commissioner Bart Chilton, are available for free download. These materials are available to the public on CFTC’s consumer resources web page. Hard copies of the materials can also be ordered through the Federal Citizen Information Center at www.Publications.USA.gov or by calling 800.FED.INFO (800.333.4636).
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Last Updated: April 25, 2013