Displaying results 261 - 270 of 880
Statement of Commissioner Kristin N. Johnson Regarding CFTC Charges in “Pig Butchering” Case
… California Resident and His Corporation with Fraud and Misappropriation in a Popular Romance Scam Involving Digital …
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Federal Court Orders Oregon Resident and His Forex Trading Firm to Pay $830,000 in Civil Penalties for Commodity Fraud and Registration Violations
… limited downside. According to the order, to conceal their misappropriation and unprofitable forex trading, the …
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Federal Court Enters Summary Judgment Against Convicted Florida Man and Orders Multiple Entities and Individuals to Pay Over $60 Million for Retail Forex Fraud Scheme
… other assets. In addition to their misrepresentations and misappropriation, the summary judgment and consent orders …
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Case Status Report: Kevin J Steele
...November 28, 2005: The U.S. Commodity Futures Trading Commission (CFTC) announced today that an Illinois Federal District Court entered an order of default judgment against Kevin J. Steele, a Canadian citizen and commodity pool operator, requiring Steele to pay over $7 million in restitution to defrauded pool investors and a contingent civil monetary penalty of $6.2 million as a result of…
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Federal Court Orders Unregistered Commodity Trading Advisor, Its Manager, and a Managed Fund to Pay Over $2.8 Million in Monetary Sanctions for Fraudulent Retail Forex Fund Scheme
… customer funds for unauthorized purposes, including misappropriation of funds in bank accounts Dapkus …
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CFTC Files Action to Permanently Revoke Registrations of Mississippi Man Convicted on Criminal Charges
… more of embezzlement, theft, fraud, fraudulent conversion, misappropriation of funds, securities or property, and/or …
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Federal Court Orders California Resident and His Corporation to Pay Over $5 Million in Restitution and Penalties in a Romance Fraud Scheme
...Washington, D.C. — The Commodity Futures Trading Commission announced today the U.S. District Court for the Central District of California issued a default judgment granting a permanent injunction against California resident Cunwen Zhu and his company Justby International Auctions. The order, issued December 7, found Zhu and his company liable for fraudulently soliciting funds in…
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Statement of Commissioner Kristin N. Johnson Regarding Enforcement Action to Stop Fraud Targeting the Spanish-Speaking Community
...Today, the Commodity Futures Trading Commission (CFTC or Commission) announced the approval by the Southern District of Florida of a Consent Order to resolve claims against a Ponzi-scheme operator that fraudulently solicited more than $19 million from at least 220 individuals in the U.S. and abroad. For more than seven years from 2013 through 2020, Joseph Carvajales (Carvajales), along with…
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COURT ENTERS DEFAULT JUDGMENT AGAINST NEW YORK FOREIGN CURRENCY FIRM AND OTHERS, ORDERING DEFENDANTS TO PAY OVER $30 MILLION IN PENALTIES AND $10 MILLION IN RESTITUTION TO CUSTOMERS: Judgment Entered In International Scam Against Defendants Eduard Dmanskiy and Sun Platinum and Relief Defendants Ocaline Int'l Corp., Hessar Alliance Inc., Klondike Int'l Inc., Pyrmont Alliance Corp., and Total Trading Services Ltd. Stemming From CFTC Charges That They Fraudulently Misappropriated Customer Funds And Traded Illegal, Off-Exchange Futures Contracts
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Case Status Report: One World Capital Group
...U.S. Commodity Futures Trading Commission v. One World Capital Group, et al., Case Number 07-CV-7002; Filed in the Northern District of Illinois before Judge Lefkow Any important case developments or instructions to the customers will be posted to this website. Notice to customers: As explained below, in January 2009, John Walsh, president and principle of One World Capital Group and…
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