Displaying results 151 - 160 of 360
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, …
CFTC Files Eight Anti-Spoofing Enforcement Actions against Three Banks (Deutsche Bank, HSBC & UBS) & Six Individuals
… at least September 2014, DB AG, by and through certain precious metals traders (Traders), engaged in a scheme to manipulate the price of precious metals futures contracts by utilizing a variety of …
CFTC Charges Florida Residents Cindy and Paul Vandivier and Their Company, Mintline, Inc., with Fraud in Connection with Illegal, Off-Exchange Commodity Transactions
… in connection with illegal, off-exchange transactions in precious metals from July 2011 to at least April 2013. Defendants … James H. Holl, III, and Rick Glaser. * * * * * CFTC’s Precious Metals Customer Fraud Advisory The CFTC has issued …
2010-3968
… to examine the trading of  futures and options in the precious and base metals markets, and to  consider Federal position limits in the precious and base metals  markets and related hedge …
CFTC Orders S.J. Woods, Inc., Peter Blanco, and Paul Proscia to Pay over $2.9 Million in Restitution and Permanently Bars Them from the Commodities Industry
… in illegal, off-exchange financed transactions in precious metals with retail customers. The Order requires Respondents … customers, generally by telephone, to buy and sell physical precious metals, such as gold and silver, in off-exchange, …