August 30, 2007 - District of Columbia Federal Court Orders McGraw-Hill to Comply
with Commodity Futures Trading Commission Subpoena and to Produce Documents of Commodity Index Provider Platts in Energy Investigation
August 9, 2007 - New York Federal Court Enters Orders Granting Judgments in
Four Cases against Nine Entities for International Commodity Futures and Options Scam; Defendants Ordered to Pay More than $15.5 Million in
Restitution and Civil Penalties
August 2, 2007 - U.S. Commodity Futures Trading Commission Charges
Washington State Man and His Companies with Defrauding Customers in Retail Foreign Currency Options Scheme
August 1, 2007 - Marathon Petroleum Company LLC Agrees to Pay $1,000,000 Civil
Penalty to Settle U.S. Commodity Futures Trading Commission Charges of Attempted Manipulation in Crude Oil Markets
July 31, 2007 - U.S. Commodity Futures Trading Commission Sanctions
Merrill Lynch Investment Managers, LLC and Merrill Lynch Alternative Investments, LLC for Repeated Failure to File Annual Reports on Time for
Many of the Commodity Pools they Operate
July 27, 2007 - U.S. District Court Appoints Fund Administrator to Disburse Restitution in the CFTC's Forex Anti-Fraud Action Against Emerald Worldwide Holdings, Inc.; Approximately $1.5 Million Is Available To Be Distributed As Restitution
July 26, 2007 - CFTC Alleges that Energy Transfer Partners, L.P. and Three of Its Subsidiaries Used the IntercontinentalExchange in Attempted Manipulation of Natural Gas Market
July 25, 2007 - CFTC Charges Hedge Fund Amaranth and its Former Head Energy Trader, Brian Hunter, with Attempted Manipulation of the Price of Natural Gas Futures; Complaint Also Alleges That Amaranth Advisors L.L.C. Tried to Cover Up the Conduct by Making False Statements to the New York Mercantile Exchange (NYMEX)
July 24, 2007 - CFTC Seeks to Revoke the Registration of Next Financial Services Unlimited, Inc. and New World Trading, LLC. both of Delray Beach, Florida
July 23, 2007 - New Jersey Court Order Imposes More Than $29 Million in Sanctions against Coyt E. Murray, Tech Traders, Inc., Tech Traders, Ltd., Magnum Investments, Ltd., and Magnum Capital Investments, Ltd. in Anti-Fraud Action Brought by the CFTC
July 18, 2007 - Interactive Brokers LLC Sanctioned for Failing to Supervise Its Compliance Staff; CFTC Orders Online Broker to Give Up $175,000 in Commissions It Earned Handling a Customer Account Used to Defraud Commodity Pool Investors;
July 17, 2007 - Federal Court Extends CFTC Asset Freeze over Hedge Fund Lake Shore Asset Management Limited; More Than $238 Million of Funds that Lake Shore Has On Deposit Will Remain Frozen;
July 11, 2007 - U.S. District Court Orders Telephone Clerk of a NYMEX Floor Brokerage Operation to Pay More Than $3.6 Million for Defrauding his Employer; New York Resident Matthew Doyle Used Losing Natural Gas Futures Transactions to Perpetrate the Fraud;
July 5, 2007 - CFTC Files Contempt of Court Motion Against Hedge Fund Lake Shore Asset Management Limited; CFTC Claims Lake Shore Violated Federal Court's Order;
June 28, 2007 - Lake Shore Asset Management Limited, a Registered Commodity Pool Operator and Commodity Trading Advisor, Charged with Refusing to Make Its Books and Records Available to CFTC for Inspection; Court Enters Ex Parte Statutory Restraining Order Freezing Lake Shore's Assets and Prohibiting the Firm from Refusing to Permit CFTC Representatives to Inspect Its Records;
June 26, 2007 - CFTC Settles Natural Gas False Reporting and Attempted Manipulation Lawsuit with Former CMS Field Services Natural Gas Trader Jeffrey Bradley and Supply Director Robert Martin;
June 5, 2007 - South Carolina Federal District Court Issues Consent Order of Preliminary Injunction against Albert E. Parish, Jr. and His Company Parish Economics, LLC; Court's Action Stems from CFTC Civil Action Charging Defendants with Commodity Pool Fraud and Other Violations of Federal Commodity Laws;
June 4, 2007- Dallas Court Order Imposes More than $4.9 Million in Monetary and Other Sanctions against Carl W. King and Carl W. King Investments, LLP in Anti-Fraud Action Brought by the CFTC;
May 30, 2007 - Florida Federal Court Imposes More than $6 Million in Sanctions against a South Florida Corporation and Ft. Lauderdale Area-Resident Steven Labell in a Foreign Currency (Forex) Fraud Case;
May 25, 2007 - Nine Florida Defendants Charged with Selling Illegal Foreign Currency (Forex) Options and Defrauding Customers of More than $7 Million; CFTC Obtains Federal Court Order Freezing Assets and Preventing the Destruction of Books and Records;
May 22, 2007 - Nevada Federal Court Orders Sham Psychologist/Commodity Futures Trading Guru to Pay Penalty for Internet Misrepresentations; Las Vegas Resident Doing Business as the Mastery Group International, Misrepresented the Ease of Making Money Using His Sabaki Futures Trading Method;
May 21, 2007 - New York Court Enters Order Granting Judgment against American Energy Exchange and York Commodities for International Commodity Option Scam; Defendants Ordered to Pay More than $3.6 Million in Restitution and Civil Penalties;
May 17, 2007 - New York Court Enters Order Imposing More than $2,000,000 in Monetary and Other Sanctions against Joseph Pappalardo, Ronald Turner, and Miron Vinokur in a Foreign Currency (Forex) Scam;
May 7, 2007 - Florida Federal Court Imposes More than $16 Million in Sanctions against Two South Florida Corporations and Pompano Beach Resident Ted Romeo in Commodity Options Fraud Case;
May 7, 2007 - CFTC and the NASAA Join Forces to Warn Public of Foreign Currency (Forex) Trading Frauds; Regulators Jointly Issue an Investor Alert Warning the Public of Foreign Currency Trading Frauds;
May 4, 2007 - Defendants in Fraud Action Brought by the CFTC Ordered to Pay More than $14 Million in Civil Penalties and Disgorgement; California Residents Monica Schiera Main and Brian Main and Their Corporations Gemancer Inc., Gemancer II Inc., and Trade Pro Inc., Fraudulently Solicited More than $3 Million from Customers;
May 3, 2007 - California Federal Court Enters Order Granting Judgment against White Pine Trust Corporation and California Resident Stephan Baere in Foreign Currency (Forex) Fraud Action; Defendants Ordered to Pay More than $30 Million in Action Brought by the CFTC; Sanctions Ordered by the Court Total More than $59 Million;
May 2, 2007 - Illinois Federal District Court Imposes a Permanent Trading Ban and a $100,000 Civil Monetary Penalty against Florida Resident Bernadette Flavell for Violating a CFTC Order;
May 1, 2007 - CFTC Charges Illinois Resident Anthony A. Demasi and His Company, Tsunami Capital, LLC, with Fraud; CFTC Obtains Federal Court Order Freezing Assets and Preventing the Destruction of Books and Records of Defendants;
April 30, 2007 - CFTC Files Action in Federal Court to Compel Commodity Index Provider Platts to Produce Relevant Documents in Government Energy Investigation; CFTC's Fourth Time Seeking Enforcement of a Subpoena Directed at Platts for Information that Potentially Relates to a Manipulation or Attempted Manipulation in the Natural Gas Markets;
April 26, 2007 - CFTC Sanctions Flushing, New York Trader for Illegal Electronic Trading; CFTC Order Requires Pak Tong Lui to Repay Customers Injured by His Late-Night Fictitious Trading;
April 25, 2007 - CFTC Files Action against Five Foreign Entities and Individuals for Engaging in Illegal Transactions to Pass Money among Trading Accounts; Supama International DMCC, Naresh Kumar Jain, Aaristo Commodities and Futures DMCC, Kanta Nath Jain, and Hainke & Anderson Trading LLC are Charged with Trading in Illiquid, Distant Contracts Opposite One Another;
April 25, 2007 - CFTC Charges South Carolinian Albert E. Parish, Jr. and His Company, Parish Economics, LLC in Multi-Million Dollar Commodity Pool Fraud;
April 25, 2007 - CFTC Files Fraud Action against Florida Foreign Currency (Forex) Firm, Its Owner, and Futures Commission Merchant; Millenium Trading Group, Inc. and Cedric R. Stanton Charged With Fraudulently Soliciting Customers and Misappropriating Funds;
April 12, 2007 - New York Federal Court Judgment Concludes Multi-Million Dollar Foreign Currency (Forex) Fraud Action Brought by the U.S. Commodity Futures Trading Commission; Miami Area Resident Lyle Wexler Ordered to Pay More Than $1 Million in Restitution and Civil Monetary Penalties;
April 12, 2007 - Nine Defendants from "Operation Wooden Nickel" Ordered to Pay Restitution, Return Ill-Gotten Gains, and Pay Fines Totaling More Than $14,000,000; Judge Finds That Defendants Committed Fraud through the Sale of Illegal Off-Exchange Foreign Currency (Forex) Futures Contract;
April 5, 2007 - U.S. Commodity Futures Trading Commission Revokes the Registration of Florida Corporation Worldwide Commodity Corporation and its Successor, South Coast Commodities, Inc;
April 2, 2007 - Government Obtains Judgment against Two New York Investment Firms; Century Maxim Fund, AJR Capital and their Principal to Pay More Than $22,500,000 in Restitution and Civil Penalties in Case Brought by the Commodity Futures Trading Commission;
April 2, 2007 - Government Charges Texas Man and his Investment Company with Defrauding Customers in Connection with Internet Solicitations; U.S. Commodity Futures Trading Commission Alleges that Foreign Currency Futures Trading Accounts Managed By Defendants Resulted in More Than $1.5 Million in Losses to Retail Customers;
March 27, 2007 - CFTC Files Action Against Futures Commission Merchant Forefront Investments Corporation d/b/a CFG Trader For Failure to Maintain the Minimum Amount of Net Capital Required by Federal Law; Defendant is Charged with Being Undercapitalized by More Than $2,200,000 and Recordkeeping Violations;
March 22, 2007 - CFTC Files Four Cases and Charges Nine Entities for Fraudulently Soliciting Investors Worldwide; Bogus Websites Promoted Commodity Futures and Options Trading Via Fictitious U.S. Futures Exchanges, Phony Brokerage Firms, and a Fake U.S. Futures Regulator, Duping Customers Out of Millions;
March 22, 2007 - New York Federal Court Orders Brokerage Firm, Clearing Firms, and Principles in CFTC Anti-Fraud Action to Pay More Than $21 Million in Restitution and Civil Penalties; Defrauded Customers Lost More Than $11 Million Trading Options;
March 22, 2007 - CFTC Settles Natural Gas False Reporting and Attempted Manipulation Lawsuit with Former Western Gas Resources Energy Trader Andrew Richmond; Trader Barred From Trading in Futures Markets;
March 21, 2007 - Virginia Man & His California Corporation Ordered to Pay Nearly $12 Million in Penalties for Fraudulent Commodity Trading System Sold to More than 15,000 Customers; Michael Hayes a/k/a Frank Richards and Coldwell Publishing, Inc., Found Liable for Fraud;
March 15, 2007 - CFTC Settles Fraud Action against Maryland Resident Arthur John Keeffe, II and His Foreign Currency (Forex) Trading Company, Calvary Currencies LLC; Maryland Resident and His Company Banned from Commodity Trading;
March 14, 2007 - Connecticut Resident Burton Friedlander and his Company Ordered to Pay More Than $2 Million to Defrauded Customers in Connection with Commodity Fraud Scheme; Friedlander and Friedlander Capital Management Corporation Admit to Misappropriating $1.3 Million in Customer Funds to Pay for Boats, Cars, Country Club Dues, and Legal Expenses;
March 14, 2007 - Defendants Ordered to Pay $1.6 Million in Government's Attempted Manipulation Case against Concord Energy, LLC and Natural Gas Energy Traders Shawn McLaughlin and Darrell Danyluk; Traders Submitted False Information to Platt's Gas Daily and Other Natural Gas Index Compilers;
February 20, 2007 - Man Financial Inc. Sanctioned for Failing to Supervise Former Employee Who Fraudulently Solicited Customers; CFTC Orders Man Financial to Pay a Civil Penalty and Restitution Totaling $316,000 and Imposes a Trading Ban and Penalty on Former Man Employee Steven M. Camp;
February 16, 2007 - Federal Court Imposes Penalty and Restitution of More Than $1.3 Million against Manager at Worldwide Commodity Corporation in Commodity Options Fraud Case; Florida-based Defendant Bruce N. Crown Fraudulently Touted High Profits with Low Risk, While His Customers Lost Millions;
February 15, 2007 - CFTC Settles Action Charging NRG Energy Inc. with Falsely Reporting Natural Gas Trades; NRG Agrees to Pay a $2 Million Civil Monetary Penalty;
February 13, 2007 - California Court Orders Gilbert Philip Castillo, Jr. and Castle Enterprise Corporation to Pay More than $800,000 in Disgorgement and $480,000 in Civil Penalties for Fraud by an Unregistered Commodity Trading Advisor;
February 7, 2007 - Texas Federal Court Orders Payment of More Than $123 Million in Fines and Restitution in Case Filed by the CFTC against Seattle Firm and its Affiliates Involved in Fraudulent Foreign Currency (Forex) Swindle; Federal Cooperative Enforcement Utilized to Prosecute Defendants Premium Income Corp., Inforex, Ltd., and Tri-Forex International, Ltd. and their Principals;
February 6, 2007 - CFTC Files Anti-Fraud Action Against New York Hedge Fund Cornerstone Capital Management, LLC and its Operator, Atlanta Resident Joseph T. Profit II; District Judge Issues Restraining Order and Asset Freeze against Defendants;
January 24, 2007 - Georgia Hedge Fund, Renaissance Asset Management, LLC, and its Atlanta-based Chief Operating Officer Charged in Federal Court with Commodity Pool Fraud; Fund Purportedly Held $32 Million in Assets;
January 18, 2007 - Florida Federal Court Judgment Concludes Multi-Million Dollar Foreign Currency (Forex) Anti-Fraud Action Brought by the CFTC; Next Financial Services Unlimited and Russell Diaz Ordered to Pay More Than $1.8 Million in Restitution and $1.25 Million in Civil Monetary P enalties; New World Trading and Shad Thomas Haynes to Pay Nearly $1.3 Million in Restitution, with Civil Monetary Penalties Topping $1.1 Million;
January 18, 2007 - Foreign Currency Company, UForex Consulting, LLC, its President, and a Former Employee Charged in Louisiana Federal Court with Cheating Customers of More Than $2.9 Million; CFTC Obtains Federal Court Orders Freezing Assets and Preventing the Destruction of Books and Records of Defendants;
January 16, 2007 - California Commodity Trading Firm, Acceleration Capital, LLC, Settles Charges of Fraud and Misappropriation Based on Former Agent's Activity;
January 12, 2007 - CFTC Files and Settles Charges Against Rosenthal Collins Group: Government Charges that Futures Commission Merchant Failed to Produce Trading Cards;
January 11, 2007 - U.S. District Court for the District of Oregon Enters Final Order against Mastermind of Multimillion Dollar Fraudulent Foreign Currency (Forex) Scam; Court Orders Russell Cline of Portland, Oregon, to Pay over $33 Million;
January 9, 2007 - CFTC Obtains Permanent Injunction against Seattle, Washington Man Charged for the Second Time with Solicitation Fraud; Cameron Ownbey Permanently Enjoined from Engaging in Commodity Futures Trading, Ordered to Pay Over $600,000 in Restitution and a Civil Penalty;
January 9, 2007 - CFTC Files and Settles Charges Against Illinois Resident, Harry Karkazis, for Indirectly Trading Against His Customer Orders at the Chicago Mercantile Exchange;
January 4, 2007 - New York Firm Sanctioned for Defrauding Investors in Excess of $4.4 Million Dollars in a Foreign Currency (Forex) Scam; U.S. District Court Judge Enters Order Imposing Monetary and Other Penalties against Falco & Stevens, Inc. and its President Vyacheslav Nass;
January 4, 2007 - CFTC Charges Stephanie Ann Gallitano of Plantation, Florida, and Her Companies -- Financial Risk International, Inc. and Financial Risk Management, Inc. -- with Defrauding Customers Purchasing Foreign Currency (Forex) Options; Conduct Allegedly Resulted in Losses to Retail Customers of Over $3 Million;
