05/01/2000
CFTC FILES TEN ACTIONS ALLEGING FRAUDULENT INTERNET PROMOTION OF COMMODITY TRADING SYSTEMS AND ISSUES CONSUMER ADVISORY; CFTC Issues Ten Orders Against Fraudulent Internet Promoters; CFTC also Warns the Public to Be Wary of Websites which Claim that Purchasers of Trading Systems and Advisory Services Will Make Substantial Profits and Be Exposed to Minimal Risk of Loss
04/11/2000
UTAH FEDERAL COURT ENTERS PERMANENT INJUNCTION AGAINST BRIAN TOBLER, OF SYRACUSE, UTAH, IN CFTC ENFORCEMENT ACTION CHARGING FRAUDULENT OPERATION OF THREE COMMODITY POOLS; Court Permanently Bars Tobler From Seeking Registration Or Acting In Any Capacity Requiring Registration With The CFTC and Prohibits Him From Trading For Ten Years
04/10/2000
CFTC ACCEPTS SETTLEMENT OFFERS OF FORMER REFCO PHONE CLERKS MARGARET DULL AND RICHARD MARISIE IN CONNECTION WITH ORDER-TAKING AND RECORDKEEPING VIOLATIONS; CFTC Order Restricts And Conditions Dull’s and Marisie’s Floor Activities For Two Years and Requires Them to Pay $15,000 Each in Civil Monetary Penalties
04/03/2000
CFTC OBTAINS INJUNCTION AND OTHER RELIEF AGAINST ESFAND BARAGOSH, PRINCIPAL OF NOBLE WEALTH DATA INFORMATION SERVICES, INC., BASED ON A FRAUDULENT FOREIGN CURRENCY TRADING SCHEME; Federal District Court Finds That CFTC Has Jurisdiction Over Defendants’ Sale of Foreign Currency Contracts; Orders Baragosh to Pay Over $6.4 Million in Restitution and Fines
03/31/2000
CFTC FILES ADMINISTRATIVE COMPLAINT AGAINST STEVEN C. BRENNER AND JAMI WEISNER BRENNER CHARGING BRENNER WITH VIOLATIONS OF A CFTC TRADING PROHIBITION AND OF A COMMISSION ORDER AND WEISNER WITH AIDING AND ABETTING THOSE VIOLATIONS
03/31/2000
CFTC FILES DISQUALIFICATION ACTION AGAINST DAVID ITZKOWITZ, FLOOR BROKER AT THE COFFEE SUGAR & COCOA EXCHANGE
03/27/2000
ILLINOIS FEDERAL DISTRICT COURT ENTERS CONSENT ORDER OF PERMANENT INJUNCTION AND OTHER EQUITABLE RELIEF AGAINST FTI FINANCIAL GROUP AND THREE OF ITS PARTNERS IN CFTC INJUNCTIVE ACTION CHARGING COMMODITY POOL FRAUD; Court Permanently Bars FTI And Samuel Foreman, Mark Stevens, and Carolyn Munn From Trading, Seeking Registration or Acting in Any Capacity Requiring Registration with the CFTC and Requires Them to Pay in Excess of $700,000 in Restitution
03/23/2000
CFTC PARTICIPATES IN "INTERNET SURF" TO UNCOVER FRAUDULENT PROMOTION OF COMMODITY INVESTMENT SCHEMES,
03/21/2000
NEW JERSEY COURT ENTERS PERMANENT INJUNCTION AND RESTITUTION ORDER IN CFTC INJUNCTIVE ACTION AGAINST MURRAY IRA ROSENBERG AND PRO BROKER SERVICES, INC., CHARGING COMMODITY FUTURES AND OPTION FRAUD; Court Permanently Bars Rosenberg From Trading For Others, and Requires Him to Pay $265,000 in Restitution
03/20/2000
CFTC CHARGES IMC COMMON ENTERPRISE AND THREE INDIVIDUALS IN $18 MILLION FRAUDULENT PRECIOUS METALS SCHEME; Court Freezes Defendants' Assets and Appoints Receiver to Take Control of Business; CFTC Charges Defendants with Fraudulently Telemarketing Customers And Offering Illegal Futures Contracts
