Displaying results 2101 - 2110 of 2823
Federal Court Orders North Carolina Resident Carl David Wright to Pay a $1 Million Civil Penalty for Commodity Pool Fraud
… DC - The U.S. Commodity Futures Trading Commission (CFTC) today announced that the Honorable Richard L. Voorhees … Act, as charged. The Court’s Orders arise out of the CFTC enforcement action filed on June 24, 2013, charging … at least $1 million from approximately 16 customers (see CFTC Complaint and Press Release 6618-13 ). According to the …
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Nebraska Federal Court Orders Lawrence J. Volf, Commercial Hedge Services, Inc., Prime Trading Company, Inc., Sherman County Management, Inc., Sherman County Bank, and PT Holdings, Inc. to Pay $325,000 in Restitution to Farmers
… DC ―The U.S. Commodity Futures Trading Commission (CFTC) announced today that on December 17, 2007, the United … a consent order of permanent injunction settling the CFTC’s charges against Commercial Hedge Services, Inc. (CHS) …
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Federal Court Orders Eric Moncada to Pay $1.56 Million Penalty for Attempting to Manipulate the Wheat Futures Market
… DC — The U.S. Commodity Futures Trading Commission (CFTC) today announced that it obtained a federal court … In July 2014, the court had issued an Order granting the CFTC summary judgment on charges that Moncada entered into fictitious sales and …
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2024-31177
… The Commodity Futures Trading Commission (Commission or CFTC)  is amending its regulations, adopted under the … B. Wasserman, Chief Counsel,  202-418-5092, rwasserman@cftc.gov; Daniel O'Connell, Special Counsel,  202-418-5583, … margin calls for purposes of determining  capital charges. The JAC did not take a position with respect to …
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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
… DC – The U.S. Commodity Futures Trading Commission (CFTC) today announced that a federal court entered a default … currency (forex) Ponzi scheme. The order stems from a CFTC complaint filed on March 4, 2010, that charged the … anti-fraud provisions of the Commodity Exchange Act (see CFTC Press Release 5791-10). The order, entered on March 24, …
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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
… Dollar Ponzi Scheme Theye pled guilty to criminal felony charges and was sentenced to 144 months at federal … DC – The U.S. Commodity Futures Trading Commission (CFTC) today announced that it obtained a federal default … a commodity pool Ponzi scheme. The order stems from a CFTC complaint filed on June 1, 2010, that charged Theye and …
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Federal Court in Georgia Orders over $10 Million in Sanctions against Defendant Eldon A. Gresham in Forex Ponzi Scheme
… DC - The U.S. Commodity Futures Trading Commission (CFTC) obtained federal court summary judgment orders … (Interveston), both of Calera, Ala. The claims arose from a CFTC complaint filed July 2, 2009, in the U.S. District … Gresham is currently awaiting trial on mail fraud charges in a related criminal action filed in the U.S. …
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Virginia Man & His California Corporation Ordered to Pay Nearly $12 Million in Penalties for Fraudulent Commodity Trading System Sold to More than 15,000 Customers
… D.C.— The U.S. Commodity Futures Trading Commission (CFTC) announced today the entry of a default judgment order … darts at an imaginary dartboard,” said Gregory Mocek, the CFTC’s Director of Enforcement. In addition to ordering the … or options on futures trading. The order resolves CFTC charges against the defendants stemming from CFTC v. Michael …
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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
… in Forex Fraud Ray White pleaded guilty to related federal charges and was sentenced to 10 years in federal prison. … DC - The U.S. Commodity Futures Trading Commission (CFTC) obtained federal court consent orders resolving its … LLC, all of Mansfield, Texas. The claims arose from a CFTC complaint filed on March 4, 2009, in the U.S. District …
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Federal Court in Illinois Imposes over $3.5 Million in Sanctions against Dimitry Vishnevetsky and his Company, Oxford Capital, for Orchestrating Commodity Fraud Schemes and Misappropriation
… DC — The U.S. Commodity Futures Trading Commission (CFTC) obtained a federal court Order requiring Defendants … District of Illinois on February 26, 2014, stems from a CFTC enforcement action filed on May 1, 2012, that charged … and an additional fraudulent commodity trading scheme (see CFTC Press Release 6249-12). The court’s Order also imposes …
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