CFTC-PR-8956-24 (Aug. 29, 2024) Federal Court Orders Operator of Commodity Trading Fund to Pay Restitution and Penalties for Defrauding Fund Participants and Commingling Pool Funds Washington, D.C. – The Commodity Futures Trading Commission today announced that the U.S. District Court for the Eastern District of New York entered a consent order finding Harris Bruce Landgarten, a resident […]
Category: Commodity Fraud
Commodity Fraud involves deceptive practices within the commodities market, where individuals or entities engage in deceitful behavior to manipulate prices, mislead investors, or illegally profit from trading commodities. This type of fraud can take various forms, such as false information dissemination, market manipulation through artificial trading activities, or misrepresentation of investment opportunities. Often, commodity fraud schemes target unsuspecting investors by promising high returns or guaranteeing safety while engaging in activities that violate regulatory standards or exploit market vulnerabilities. These fraudulent practices undermine market integrity, erode investor confidence, and can lead to significant financial losses for those involved. Regulators and law enforcement agencies closely monitor commodity markets to detect and prosecute such fraudulent activities, aiming to protect investors and maintain fair market conditions.
File ID: CFTC-PR-8931-24 Date: July 3, 2024 Accessed: July 8, 2024 Headline: Federal Court Enters Summary Judgment Against Oregon Man and Orders $83 Million in Restitution for Fraud Victims Source: https://www.cftc.gov/PressRoom/PressReleases/8931-24 Categories: COMMODITY FRAUD MISAPPROPRIATION PONZI SCHEME CFTC-PR-8931-24 – Viewer: ▼▼▼ (Download PDF File ⊗)
File ID: CFTC-PR-8921-24 Date: June 17, 2024 Accessed: June 21, 2024 Headline: CFTC Orders Trafigura to Pay $55 Million for Fraud, Manipulation and Impeding Communications with the CFTC. First CFTC Action Against an Entity for Impeding Whistleblower Communications. Source: https://www.cftc.gov/PressRoom/PressReleases/8921-24 Categories: COMMODITY FRAUD WHISTLEBLOWER INTERFERENCE CFTC-PR-8921-24 – Viewer: ▼▼▼ (Download PDF File ⊗)
File ID: CFTC-PR-8911-24 Date: May 14, 2024 Accessed: June 21, 2024 Headline: Commodity Futures Trading Commission Charges Agridime and Its Co-Founders with a Fraudulent Cattle Scheme. Source: https://www.cftc.gov/PressRoom/PressReleases/8911-24 Categories: COMMODITY FRAUD PONZI SCHEME CFTC-PR-8911-24 – Viewer: ▼▼▼ (Download PDF File ⊗)
CFTC-PR-8882-24 Federal Court Orders Florida Forex Trader to Pay $3.4 Million for Futures, Forex, Options Scheme Date: Mar. 21, 2014 Date Accessed: Aug. 1, 2024 Source URL: https://www.cftc.gov/PressRoom/PressReleases/8882-24 Categories: CFTC-2403 Commodity Fraud Forex Investment Fraud Making False Statements Misleading Investors W TRADE GROUP LLC PDF Notes: The PDF viewer below disables the links inside the PDF file. […]
CFTC-PR-8864-24 Federal Court Orders Oregon Resident and His Forex Trading Firm to Pay $830,000 in Civil Penalties for Commodity Fraud and Registration Violations Date: Feb. 15, 2024 Date Accessed: Aug. 1, 2024 Source URL: https://www.cftc.gov/PressRoom/PressReleases/8864-24 Categories: CFTC-2402 Commodity Fraud Forex Investment Fraud Registration Failures SIMPLY GAINS INC. PDF Notes: The PDF viewer below disables the links inside […]