Displaying results 2071 - 2080 of 2823
Federal Court in Florida Orders Defendants Philip Milton and Trade, LLC, and Four Relief Defendants to Pay Millions in Restitution, Disgorgement, and Civil Monetary Penalties for Operating a $28.4 Million Ponzi Scheme
… DC – The U.S. Commodity Futures Trading Commission (CFTC) today announced that Judge Daniel Hurley of the U.S. … a multi-million dollar Ponzi commodity pool scheme (see CFTC Press Release 5848-10 , July 6, 2010). The court also … $1,253,862.62, and $100,000, respectively. The CFTC filed a Complaint against Defendants Philip Milton, …
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Federal Court Orders Commodity Pool Operator and Commodity Trading Advisor AlphaMetrix, LLC to Pay $5.6 Million in Restitution and Penalties
… DC – The U.S. Commodity Futures Trading Commission (CFTC) today announced that on December 16, 2014, Judge Joan … Exchange Act (CEA), as charged. The Order stems from CFTC charges that AlphaMetrix failed to pay at least $2.8 …
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U.S. Commodity Futures Trading Commission Files Action against Five Foreign Entities and Individuals for Engaging in Illegal Transactions to Pass Money among Trading Accounts
… D.C. — The U.S. Commodity Futures Trading Commission (CFTC) filed a complaint in the U.S. District Court for the … Trading LLC , all of Dubai, United Arab Emirates. The CFTC complaint alleges that the defendants engaged in … back-month, illiquid contracts. The complaint further charges that the defendants passed hundreds of thousands of …
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Federal Court in Texas Orders Houston-based Defendants Christopher Daley and his Company, TC Credit Service d/b/a Del-Mair Group, to Pay Over $2.6 Million for Fraud in a Commodity Pool Scheme
… DC – The U.S. Commodity Futures Trading Commission (CFTC) obtained a federal court order against defendants … the anti-fraud provisions of the Commodity Exchange Act and CFTC regulations, as charged. The order of default judgment, … Court for the Southern District of Texas, stems from a CFTC enforcement action filed on June 18, 2012, against …
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Federal Court Sanctions Nevada Metals Trader for Spoofing in Gold and Silver Markets
… of Nevada entered a consent order on April 9, resolving CFTC charges that Daniel Shak of Las Vegas, Nevada engaged in … in violation of the Commodity Exchange Act (CEA) and CFTC regulations. The order imposes a $750,000 civil …
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Federal Court in Florida Freezes Assets of Emini Experts LLC, Capital Trading Concepts LLC, Dante S. Giovannetti, and Relief Defendant Capital Futures LLC in Ongoing Fraud Scheme
… Defendant Capital Futures LLC in Ongoing Fraud Scheme CFTC Charges Defendants with Fraudulently Soliciting at Least … DC – The U.S. Commodity Futures Trading Commission (CFTC) today announced that The Honorable Paul G. Byron of …
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Federal Court Orders Former Citigroup Director, John Aaron Brooks, to Pay $500,000 for Defrauding Two Citigroup Companies by Mismarking and Inflating the Value of His Position in Ethanol Futures to Conceal His Trading Losses
… DC –The U.S. Commodity Futures Trading Commission (CFTC) today announced that Judge Kimba M. Wood of the U.S. … also permanently bans Brooks from registering with the CFTC; bans him for seven years from trading any CFTC-regulated products for or on behalf of others; and bans …
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Federal Court in Illinois Orders Joseph A. Dawson to Pay $2.1 Million Penalty for Commodity Pool Fraud and Misappropriation
… DC - The U.S. Commodity Futures Trading Commission (CFTC) today announced that on July 5, 2011, Judge Virginia … monetary penalty on Joseph A. Dawson of Fox Lake, Ill. The CFTC charged Dawson and his company, Dawson Trading LLC … of customer funds in a commodity pool scheme (see CFTC Press Release 5860-10, July 26, 2010). Previously, on …
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Federal Court in Florida Orders More than $8 Million in Sanctions against Defendants Philip Leon and Paul Rangel for Commodity Pool Fraud and Misappropriation
… DC — The U.S. Commodity Futures Trading Commission (CFTC) obtained federal court Orders requiring Defendants … monetary penalty and $819,781 in disgorgement to settle CFTC charges related to a fraudulent commodity pool scheme. The …
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Federal Court in California Orders Victor Yu and His Company to Pay over $3.2 Million in Foreign Currency Fraud Action
… DC – The U.S. Commodity Futures Trading Commission (CFTC) today announced that it obtained a federal court Order … the Northern District of California. The Order stems from a CFTC Complaint filed on July 26, 2012, that charged Yu and … currency (forex) trading and failing to register with the CFTC as a Commodity Trading Advisor (CTA) (see CFTC Press …
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