Displaying results 311 - 320 of 880
Federal Court Orders Florida Commodity Pool Operator to Pay Nearly $9 Million in Restitution
...Washington, D.C. — The Commodity Futures Trading Commission today announced U.S. Magistrate Judge William Matthewman of the U.S. District Court for the Southern District of Florida entered consent orders resolving charges against defendant Bluprint LLC and relief defendant Kalpana Patel.  The Bluprint order finds that it violated the Commodity Exchange Act (CEA) and CFTC regulations…
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Customer Alert Regarding CFTC v. Brisco
… for the Southern District of Texas, charging fraud and misappropriation against defendants Marcus Todd Brisco , Yas …
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Statement of Commissioner Kristin Johnson Regarding the CFTC Charging South African Commodity Pool Operator and CEO with $1.7 Billion Fraud Involving Bitcoin
...Today, the Commodity Futures Trading Commission (CFTC) filed a civil enforcement action in the U.S. District Court for the Western District of Texas against Cornelius Johannes Steynberg of South Africa and Mirror Trading International Proprietary Limited (MTI), a South African company, alleging that they operated a fraudulent scheme to solicit, accept, and pool more than $1.7 billion to trade…
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Federal Court Orders Rhode Island Man to Pay More than $2.8 Million in Restitution for Virtual Currency Fraud
...Washington, D.C. — The Commodity Futures Trading Commission today announced the U. S. District Court for the Southern District of New York entered a consent order on November 29 for a permanent injunction, restitution, and equitable relief against Jeremy Spence of Bristol, Rhode Island. Spence, at times, conducted business as Coin Signals. The consent order resolves a CFTC action…
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PLI White Collar Crime 2023 Keynote Speech of Enforcement Director Ian McGinley: “Enforcement by Enforcement: The CFTC’s Actions in the Derivatives Markets for Digital Assets”
...Thank you for that kind introduction.  As is customary, I’ll start with the standard disclaimer:  These comments are my own and do not necessarily reflect the views of the Commodity Futures Trading Commission (CFTC), its Commissioners, or CFTC staff. I’ve now been the CFTC’s Director of Enforcement for six months.  I arrived directly from a brief stretch at a major law firm,…
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CFTC Releases Annual Enforcement Results
… transactions on a SEF order book. [Press Release 8601-22 ]  Misappropriation of Material Non-Public Information The CFTC … an introducing broker (IB) and associated person (AP) with misappropriation of block order information and unauthorized …
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Federal Court Orders California Man and His Commodity Pool Operator and Introducing Broker to Pay Over $2.3 Million for Commodity Fraud and Making False Statements to the NFA
… finds the defendants liable for fraudulent solicitation, misappropriation of pool participant funds, and making false …
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Federal Court Orders South African CEO to Pay Over $3.4 Billion for Forex Fraud
...Washington, D.C. — The Commodity Futures Trading Commission today announced Judge Lee Yeakel of the U.S. District Court for the Western District of Texas entered an order of default judgment and permanent injunction against Cornelius Johannes Steynberg of Stellenbosch, Western Cape, Republic of South Africa. The order requires Steynberg to pay $1,733,838,372 in restitution to defrauded victims…
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CFTC Charges Former Hawaii Resident in Forex and Futures Ponzi Scheme
… Jr. , formerly of Hawaii, for fraudulent solicitation, misappropriation, operation of an unlawful commodity pool, … pool participants. Bryant further concealed his fraud and misappropriation of pool participants’ funds by falsely …
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Statement of Commissioner Kristin N. Johnson in Support of Enforcement Action Involving Fraudulent Precious Metals Scheme Targeting Elderly and Retirement-Aged Persons
… of Commissioner Kristin N. Johnson Regarding Fraud and Misappropriation by a Digital Asset Ponzi Scheme, Feb. 16, …
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