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Federal Court Orders California Man and His Company to Pay Over $7.6 million for Commodity Pool Fraud - Vimarsana News

Federal Court Orders California Man and His Company to Pay Over $7.6 million for Commodity Pool Fraud

<p><span>The Commodity Futures Trading Commission today announced the U.S. District Court for the Central District of California entered, on August 22, a default order for a permanent injunction, monetary sanctions, and equitable relief&nbsp;against defendants&nbsp;Daniel Adam Hewko&nbsp;(Hewko) of Irvine, California&nbsp;and&nbsp;Main &amp; Prospect Capital, LLC&nbsp;(MPC) of Suisan, California.&nbsp;</span></p>

Federal Court Orders California Man To Pay Over $600,000 For Commodity Pool Fraud - Defendant Is An Associated Person Of A Commodity Pool Operator - Vimarsana News

Federal Court Orders California Man To Pay Over $600,000 For Commodity Pool Fraud - Defendant Is An Associated Person Of A Commodity Pool Operator

<p><span>The Commodity Futures Trading Commission today announced that the U.S. District Court for the Central District of California entered a consent order on June 7 for a permanent injunction, monetary sanctions, and equitable relief against Daniel Hewko of Fort Bragg, California.&nbsp;</span></p>

CFTC Orders Glencore To Pay $1.186 Billion For Manipulation And Corruption - Vimarsana News

CFTC Orders Glencore To Pay $1.186 Billion For Manipulation And Corruption

<p>The Commodity Futures Trading Commission&nbsp;today issued an order filing and settling charges against&nbsp;Glencore International A.G.&nbsp;of Switzerland, Glencore Ltd.&nbsp;of New York,&nbsp;and&nbsp;Chemoil Corporation&nbsp;of New York (collectively, Glencore), an energy and commodities trading firm, for&nbsp;manipulative and deceptive conduct. The conduct, which spanned from least 2007 to 2018, involved manipulation and foreign corruption in the U.S. and global oil markets, including manipulation or attempted manipulation of four U.S. based S&...

CFTC Wins Jury Verdict In 2020 Commodity Pool Fraud Case - Portfolio Manager Found Liable For Making False Or Misleading Statements - Vimarsana News

CFTC Wins Jury Verdict In 2020 Commodity Pool Fraud Case - Portfolio Manager Found Liable For Making False Or Misleading Statements

<p><span>The Commodity Futures Trading Commission today announced that on April 15, a jury in the U.S. District Court in the Western District of Wisconsin issued a verdict finding&nbsp;Edward S. Walczak&nbsp;liable for engaging in conduct that operated as a fraud or deceit upon investors, potential investors, or investment advisors, in violation of Section 4o(1)(B) of the Commodity Exchange Act (CEA).</span></p>

CFTC Charges Chicago Commodity Pool Operators, Owner, And Former Chief Portfolio Manager With Fraud And Supervision Failures - Vimarsana News

CFTC Charges Chicago Commodity Pool Operators, Owner, And Former Chief Portfolio Manager With Fraud And Supervision Failures

<p><span>The Commodity Futures Trading Commission today announced filing charges in federal court against Chicago commodity pool operators (CPOs)&nbsp;LJM Partners Ltd&nbsp;and&nbsp;LJM Funds Management Ltd, (collectively LJM), their Chairman, owner and registered associated person (AP) Anthony J. Caine of Colorado and Chief Portfolio Manager Anish Parvataneni of Illinois with commodity pool fraud and fraud in connection with options on futures contracts for false or misleading statements about worst-case losses, risk management, and LJM&rsquo;s risk profile.</sp...