12/23/2002
CFTC SETTLES COMMODITY FRAUD ACTION AGAINST MARYLAND MAN AND FIRM; District Court Orders Defendants Peter Scott and Rothlin & Windsor Capital Management, Inc. to Pay $13.9 Million in Restitution and Civil Monetary Penalties
12/12/2002
COMMODITY FUTURES TRADER CHARGED WITH $1.5 MILLION FRAUD; U.S. GOVERNMENT AND UTAH ATTORNEY GENERAL ALLEGE FRAUD AND THEFT BY DECEPTION; Federal Court Freezes Assets and Bars the Destruction of Books and Records
12/12/2002
CFTC FINDS COMEX FLOOR BROKERS HENRY CHANDLER AND ERNEST PENNY COMMITTED FRAUD IN EXECUTING GOLD OPTIONS TRADES, AND FIVE OTHER FLOOR BROKERS ENGAGED IN NONCOMPETITIVE TRADING, AMONG OTHER VIOLATIONS OF THE FEDERAL COMMODITIES LAWS; CFTC Accepts Offers of Settlement from Henry Chandler, Robert Ferraioli, Michael Hammer, Ernest Penny, Tacho Sandoval, William Wosnack, and Stephen Seelenfreund
11/07/2002
CFTC SUES IDAHO MAN FOR FRAUDULENTLY PROMOTING HIS COMMODITY TRADING SYSTEM; CFTC Alleges John Stenberg Made False Claims Concerning Profits Generated by His Commodity Trading System
10/28/2002
NEW YORK FLOOR BROKER SETTLES CFTC ACTION CHARGING RECORDKEEPING VIOLATIONS; CFTC Order Requires Daniel Lipton to Pay A Civil Monetary Penalty and Restricts His Registration for Two Years
10/24/2002
FLORIDA COURT FINDS TWO FLORIDA RESIDENTS AND THEIR FIRM COMMITTED COMMODITIES FRAUD; Defendants Matrix Trading Group, Inc., David Wedeen, and Christopher Smithers Are Ordered to Pay Restitution to Victims and Are Permanently Banned from All Commodity-Related Activity in CFTC Action
10/16/2002
MICHIGAN COMMODITY TRADER SETTLES CFTC COMPLAINT CHARGING COMMODITY POOL FRAUD; Consent Order Finds that John F. O'Herron and O'Herron Asset Management, Inc. Fraudulently Diverted Approximately $1.4 Million of Investor Funds for Their Own Use
10/10/2002
WASHINGTON STATE COMMODITY TRADING FIRM CHARGED WITH FRAUD IN THE SOLICITATION OF FOREIGN CURRENCY (FOREX) FUTURES ACCOUNTS; Defendant Sterling forex Lost $1.8 Million in Customer Investments
10/09/2002
PRUDENTIAL SECURITIES, INC. SETTLES CFTC RECORDKEEPING CHARGES; CFTC Orders Prudential Securities, Inc. to Pay $65,000 Civil Monetary Penalty
10/08/2002
FLORIDA RESIDENT BARRED FROM COMMODITY TRADING IN GOVERNMENT ACTION; Defendants in CFTC Case Used Approximately $1 Million of Customer Funds to Pay Personal Expenses
