05/21/2004
COURT ENTERS DEFAULT JUDGMENT AGAINST FLORIDA FOREIGN CURRENCY FIRM AND ITS OFFICERS GRANTING OVER $350,000 IN RESTITUTION TO CUSTOMERS IN 2003 CFTC ENFORCEMENT ACTION; Judgment Entered Against Defendants Bibas Levy Corp., Zacarias Bibas, and Hassan Sharam Stemming From CFTC Charges That They Made False Profit Claims and Misrepresented their Performance Record and the Risks of Foreign Currency Futures Trading
05/17/2004
CFTC NOTES THE ARRESTS OF SEVERAL INDIVIDUALS BY THE STATE OF FLORIDA IN AN ALLEGED FOREX INVESTMENT FRAUD; CFTC Filed a Federal Civil Case in 2002 Based On Same Underlying Facts
05/13/2004
CFTC Fines Swiss Company Barry Callebaut Sourcing AG for Executing Illegal Wash Trades on U.S. Markets
05/10/2004
CFTC SETTLES CASE WITH FORMER ELECTRICITY TRADER FOR EXECUTING ILLEGAL WASH TRADES; Trader Agrees to Cooperate
05/05/2004
CFTC CHARGES COMMERCIAL HEDGE SERVICES, PRIME TRADING COMPANY, AND LAWRENCE JOSEPH VOLF -- ALL OF NEBRASKA -- WITH FRAUD; Introducing Broker and his Company Allegedly Made Unauthorized, Speculative Trades in Commodity Hedge Accounts that Caused Farmers $5 Million in Losses
05/03/2004
CFTC CHARGES MARYLAND MAN AND HIS COMPANY WITH DEFRAUDING CUSTOMERS IN FOREX SCAM; Arthur John Keeffe, II and Calvary Currencies LLC Allegedly Fraudulently Solicited Over $400,000 from Investors to Trade Illegal, Off-Exchange Foreign Currency Futures Contracts
04/28/2004
ENRON SEEKS BANKRUPTCY COURT APPROVAL TO ENTER INTO PROPOSED SETTLEMENT WITH THE CFTC; Proposed Settlement Would Resolve CFTC Complaint Charging Enron With Manipulation of Natural Gas Prices in July 2001, and Other Violations
04/22/2004
CFTC CHARGES UNITED KINGDOM CORPORATION AND ITS TWO PRINCIPALS WITH SALE OF ILLEGAL OFF-EXCHANGE FUTURES CONTRACTS TO U.S. INVESTORS; CFTC Alleges that E Net Speculation Ltd., Patrice Cornaz, and Athos Socratous Illegally Solicit U.S. Investors Via the Internet to Trade Commodity Futures Contracts through a Foreign Website
04/20/2004
CFTC FILES AND SETTLES REGISTRATION CLAIM AGAINST JEFFREY ALLEN OF HOUSTON, TEXAS; CFTC Order Finds that Allen Failed to Register as a Commodity Trading Advisor
04/15/2004
NEW YORK FOREIGN CURRENCY (FOREX) FIRM CHARGED WITH STEALING MORE THAN $2.2 MILLION IN COMMODITY SCAM; CFTC Sues Lexington Royce & Associates and Artour Arakelian, Alleging They Defrauded More Than 50 Customers
