91porn

  1. Home
  2. 91porn
  3. Whistleblower Representation
  4. Recent Government Enforcement
  5. CFTC Enforcement Actions
Have a Claim?

Click here for a confidential contact or call:

1-347-417-2192 
								
			


								
						
			


								
			

	
Whistleblower Quiz

	
Would you blow the whistle?

 Take our Quiz


									
	
						

		

			
			

				

					
CFTC Enforcement Actions

					
The  (CFTC) is the United States agency with primary responsibility for enforcing the Commodity Exchange Act (CEA) and regulating commodity futures and related markets. Whistleblowers with knowledge of violations of laws and regulations enforced by the CFTC can submit a claim under the CFTC Whistleblower Reward Program, and may be eligible to receive a monetary reward and protection against retaliation by employers.


Below are summaries of recent CFTC settlements or successful enforcement actions. If you believe you have information about fraud which could give rise to a CFTC enforcement action and claim under the CFTC Whistleblower Reward Program, please contact us to speak with one of our experienced whistleblower attorneys.

				

			

			
						
					
			

	
		
		

			

				
				
April 30, 2018

				 The CFTC announced that on April 11, 2018, the U.S. District Court for the District of Colorado entered Default Judgment against Defendants Randall A. Vest and his holding company, Bulletproof Vest, Inc. (Bulletproof Vest). The judgment resolves a CFTC enforcement action filed on August 6, 2014, charging Defendants Ryan Madigan of Pittsford, New York; Vest of Fort Meyers, Florida; and Ryan Tomazin of Stamford, Connecticut with commodity futures and off-exchange retail foreign currency(forex) fraud and misappropriation (see CFTC Complaint and Press Release 6981-14, August 21, 2014). 				 			
	
		
		
	


 			




	
		
		

			

				
				
April 30, 2018

				 The CFTC issued an order filing and settling charges against Glencore Agriculture B.V.,f/k/a Glencore Grain B.V. (Glencore B.V.), located in Rotterdam, the Netherlands, and Glencore Ltd., located in Stamford, Connecticut, finding that on multiple trading days during May 2013, June 2013, May 2014, and June 2014, Glencore B.V. and Glencore Ltd. held net positions in the ICE Futures Cotton No. 2 contracts (cotton futures) that, on an aggregated basis, exceeded the speculative position limits established by the CFTC. In addition, the CFTC Order finds that on twenty-four occasions between January 2013 and November 2015, Glencore B.V. and Glencore Ltd. executed exchange of futures for physical transactions (EFPs) opposite each other’s cotton futures trading accounts, even though their accounts were not independently controlled as required for such transactions not to constitute illegal wash trades. And, on at least two occasions in 2013 and 2014, Glencore B.V. submitted to the CFTC a Form 304 that failed to represent accurately all required information, including its short cash sales commitments, according to the CFTC Order. The CFTC Order requires Glencore B.V. and Glencore Ltd., jointly and severally, to pay a $2 million civil monetary penalty and to cease and desist from further violations of the Commodity Exchange Act (CEA) and CFTC Regulations, as charged. 				 			
	
		
		
	


 			




	
		
		

			

				
				
April 30, 2018

				 The CFTC filed a federal civil enforcement action in the U.S. District Court for the Western District of Texas against Defendant Charles H. McAllister, of Auburn, Alabama, charging him with fraud and misappropriation in connection with contracts of sale of precious metals through his company, BullionDirect, Inc. (BDI).  McAllister has never been registered with the CFTC in any capacity. 				 			
	
		
		
	


 			




	
		
		

			

				
				
April 25, 2018

				 The CFTC filed a civil enforcement action charging Defendants Michael Salerno of Chadds Ford, Pennsylvania, and his companies Black Diamond Forex LP and BDF Trading LP, both Pennsylvania limited partnerships, and Advanta FX, a Pennsylvania corporation, with fraudulently soliciting members of the public to become foreign currency (forex) proprietary traders and with misappropriating the traders’ funds for purposes other than forex trading. 				 			
	
		
		
	


 			




	
		
		

			

				
				
April 24, 2018

				 The CFTC announced the filing of a civil enforcement action on April 23, 2018, in the U.S. District Court for the Eastern District of New York charging Defendant Kevin Scott Antonovich of Woodside, New York, with misappropriation of customer funds and fraudulent solicitation in connection with investments in a commodity pool. The CFTC Complaint also charges Antonovich with registration violations. As alleged in the CFTC Complaint, from September 2015 through August 2016, Antonovich fraudulently solicited and received approximately $284,000 from at least 154 pool participants in connection with pooled investments in off-exchange binary options. As further alleged, Antonovich misappropriated approximately $124,000 of pool participant funds for business expenses and his personal use, made false and misleading representations to pool participants, and fabricated documents purporting to show funds available for return to pool participants. 				 			
	
		
		
	


 			




	
		
		

			

				
				
April 18, 2018

				 The CFTC announced the filing of a Complaint in the U.S. District Court for the Eastern District of New York charging Defendants Blake Harrison Kantor, who frequently uses the alias Bill Gordon, and Nathan Mullins, both of New York, and the entities Blue Bit Banc, located in the United Kingdom, Blue Bit Analytics, Ltd.(Analytics) located in Nevis, Turks, and Caicos, and Mercury Cove, Inc. and G. Thomas Client Services (G. Thomas), both New York corporations, with operating a  fraudulent scheme involving binary options and a virtual currency known as ATM Coin. 				 			
	
		
		
	


 			




	
		
		

			

				
				
April 13, 2018

				 The CFTC announced that Judge Paul L. Maloney of the U.S. District Court for the Western District of Michigan entered a Consent Order for Permanent Injunction (Consent Order) and an Order regarding a personal trading ban (Supplemental Order), which resolve charges against Defendant Jerry Stauffer, who resided in Traverse City, Michigan, for operating a fraudulent off-exchange foreign currency (forex) pool scheme. 

The February 13, 2018 Consent Order stems from a CFTC Enforcement Complaint filed on February 25, 2015 (see CFTC Complaint and Press Release 7131-15). The Consent Order finds that Stauffer, individually and while acting as a commodity pool operator, fraudulently solicited, issued false statements and misappropriated pool participant funds in connection with the operation of a commodity pool from June 2010 to February 2015. According to the Consent Order, Stauffer guaranteed pool participants’ principal investment against risk of loss and further guaranteed profits on those investments. To perpetuate the fraud, Stauffer issued false account statements to pool participants that represented purported profits. 				 			
	
		
		
	


 			




	
		
		

			

				
				
April 13, 2018

				 The CFTC filed a civil enforcement action in the U.S. District Court for the Eastern District of Virginia against Defendants The Kane Capital Investment Group, LLC (Kane Capital), a commodity pool organized in Virginia, and its principal, Amrit Jaswant Singh Chahal (Chahal) of Fairfax, Virginia. The CFTC Complaint charges Defendants with commodity futures fraud, commodity pool fraud, and illegally commingling Kane Capital’s funds with Chahal’s personal funds. The Complaint also charges Chahal with failing to register with the CFTC as a Commodity Pool Operator, as required. 				 			
	
		
		
	


 			




	
		
		

			

				
				
April 12, 2018

				 The CFTC announced that Judge John J. Tuchi of the U.S. District Court for the District of Arizona entered an Order of Default Judgment and Permanent Injunction against Defendants Cory Williams of Gilbert, Arizona, and his company, Williams Advisory Group, LLC (WAG), in connection with a commodity pool fraud that victimized 40 pool participants, including Williams’ family, friends, neighbors, and members of his church and other related churches in and around Phoenix, Arizona. The court’s Order requires Williams and WAG, jointly and severally, to pay restitution of $9,725,017 to defrauded participants and a civil monetary penalty of $9,725,017. The Order also imposes permanent trading and registration bans on the Defendants and prohibits them from violating provisions of the Commodity Exchange Act and CFTC Regulations, as charged. 				 			
	
		
		
	


 			




	
		
		

			

				
				
April 12, 2018

				 The CFTC filed a civil enforcement action in the U.S. District Court for the Southern District of New York against Defendants Kevin P. Whylie of Mamaroneck, New York; Matthew James Zecchini of East Islip, New York; and Algointeractive Inc, a New York corporation owned and controlled by Whylie and Zecchini. The CFTC Complaint charges that, from approximately April 2016 through the present, Defendants engaged in a fraudulent scheme to solicit at least $300,000 from members of the public to participate in a pooled investment vehicle for futures trading, misappropriated and commingled commodity pool participants’ funds, issued false account statements to pool participants to conceal their trading losses and misappropriation, engaged in false advertising, and failed to register with the CFTC, as required. 				 			
	
		
		
	


 			


											

						

								

									
1
…
15
16
17
18
19
20
21
…
52
								

						

					

												
		
 
	
 

 



	


	

		

			

								
							
Learn about Whistleblower Rewards Programs
			
	
		

		
	
			

									

													False Claims Act					  							State & Local False Claims Acts					  							SEC Program					  							CFTC Program					  							IRS Program					  					

								See More			
	
		

	
		

	




	


	

		

			

				

					

						
Newsletter

						
Subscribe to receive email updates from the 91pornblogs

					
	
				
	
			
	
			
	
				
Sign up for: