Displaying results 131 - 140 of 184

CFTC Institutes Administrative Proceedings Against and Accepts Offer of Settlement from Ross R. Godres of Lafayette, Colorado; CFTC Finds that Godres Defrauded Investors By Concealing Losses Resulting From the Trading of Precious Metal Futures Contracts on Behalf of a Commodity Pool, and Orders Restitution to Defrauded Investors, Among Other Sanctions

… By Concealing Losses Resulting From the Trading of Precious Metal Futures Contracts on Behalf of a Commodity …

FLORIDA DISTRICT COURT ISSUES FINAL ORDER OF JUDGMENT AGAINST NATIONAL BULLION AND COIN, INC., CAPITAL CREDIT MANAGEMENT & FINANCE, INC., JOSEPH B. FLANIGAN, AND LAWRENCE COLMAN; Order Requires Defendants to Pay in Excess of $12 Million in Restitution and Civil Monetary Penalties in Case Involving the Fraudulent Marketing of Illegal Precious Metals Futures Contracts

… in Case Involving the Fraudulent Marketing of Illegal Precious Metals Futures Contracts …

CFTC WINS CASE AGAINST WEB OF FLORIDA FIRMS AND THEIR PRINCIPALS ENGAGED IN FRAUDULENT TELEMARKETING OF ILLEGAL FUTURES CONTRACTS (MIDLAND RARE COIN EXCHANGE, INC., ROBERT J. MITCHELL, TERRY A. SANDS, AND EIGHT OTHER DEFENDANTS); Federal District Court Rules that CFTC Has Jurisdiction Over Defendants’ Sale of Highly-Leveraged Precious Metal Contracts; Orders Florida Defendants to Pay Restitution Totaling Over $12.4 Million to Defrauded Investors Nationwide

… Has Jurisdiction Over Defendants’ Sale of Highly-Leveraged Precious Metal Contracts; Orders Florida Defendants to Pay …

<p>FLORIDA DISTRICT COURT ISSUES DEFAULT ORDERS OF PERMANENT INJUNCTION AGAINST INDIVIDUALS AND CORPORATIONS PROHIBITING THEM FROM CONTINUING TO OPERATE A FRAUDULENT PRECIOUS METALS SCHEME; Court’s Order Also Enjoins Them From Soliciting or Accepting Customers For Commodity Futures or Options Trading and Bars Them From Seeking Registration or Acting In Any Capacity Requiring Registration with the CFTC; Court Will Determine The Amount of Civil Monetary Penalties, Restitution and Disgorgement To Be Imposed, 

… PROHIBITING THEM FROM CONTINUING TO OPERATE A FRAUDULENT PRECIOUS METALS SCHEME; Court’s Order Also Enjoins Them From …

Federal Court Orders More than $1.3 Million in Sanctions and Enters a Default Judgment Order against Florida-Based Gold Distributors, Inc. and Its Owner, Jordan Cain, for Engaging in Illegal, Off-Exchange Commodity Transactions

… with engaging in illegal, off-exchange transactions in precious metals with retail customers on a leveraged, margined, or … 27 customers to AmeriFirst Management, LLC (AmeriFirst), a precious metals wholesaler and clearing firm that financed …

Federal Court Orders California Residents Christopher Valois and Cynthia Wong and Their Companies to Pay over $1.1 Million for Fraud and Registration Violations

… and Press Release 7114-15 ), charging the Defendants with precious metals and futures fraud, misappropriation, engaging in illegal off-exchange precious metals transactions, and registration violations in …

Federal Court Orders Florida Attorney Jay Bruce Grossman to Pay a Civil Penalty and Restitution Totaling $883,000

… clients in their operation of illegal and fraudulent precious metals schemes in violation of the Commodity Exchange Act … and abetted multiple clients in their operation of unlawful precious metals schemes by crafting the illusion that their …

CFTC Charges Florida-Based Gold Distributors Inc. and Its Owner, Jordan Cain, with Engaging in Illegal, Off-exchange Commodity Transactions

… engaging in illegal, off-exchange financed transactions in precious metals with retail customers. According to the Complaint, … retail customers by telephone and in person to buy physical precious metals, such as gold and silver, in off-exchange …

CFTC Charges Florida-Based Vertical Integration Group LLC and Its Owners, Richard V. Morello and Junior Alexis, with Engaging in Illegal, Off-exchange Commodity Transactions

… engaging in illegal, off-exchange financed transactions in precious metals with retail customers. The CFTC Complaint alleges … the Defendants solicited retail customers to buy physical precious metals in off-exchange leveraged transactions. …

CFTC Charges California Residents Christopher Valois and Cynthia Wong and Their Companies with Fraud and Registration Violations

… filed on January 28, 2015, charging the Defendants with precious metals and futures fraud, misappropriation, engaging in illegal off-exchange precious metals transactions, and registration violations, …