Davida Terrell News Today

The CFTC’s settlement with Mizuho is the latest in a series of enforcement actions.

Federal Court Ordered Cox to Pay Over $900,000 in Restitution and Penalties in Prior CFTC Fraud Action.

<p><span>The Commodity Futures Trading Commission today announced that it filed a civil enforcement action in the Southern District of Florida against <span>Rico Cox</span> of Fort Lauderdale, Florida. </span><span>The complaint alleges that, for a second time, Cox </span><span>fraudulently solicited and accepted funds, this time at least $842,900 that was intended for commodity futures trading. Cox has never bee...

<p><span>The Commodity Futures Trading Commission today announced that a consent order was entered in the Western District of Texas in an enforcement action against defendants </span><span>Abner Alejandro Tinoco</span><span>, and his company, </span><span>Kikit & Mess Investments, LLC</span><span>, a self-styled investment firm, finding that they misappropriated in excess of $7.2 million from investors who inte...

Federal Court Orders New Mexico Man To Pay Over $10.3 Million For Defrauding Commodity Futures Clients In Long-Running Ponzi Scheme Date 08/04/2021 The Commodity Futures Trading Commission today announced that the U.S. District Court for the District of New Mexico entered a consent order for permanent injunction, monetary sanctions, and equitable relief against Douglas Lien of Santa Fe, New Mexico. The court imposed more than $10.3 million in monetary sanctions and relief for defendant�...