CFTC ENFORCEMENT ACTIONS JANUARY-JULY 2011

The following excerpt is from the CFTC website: "The CFTC Division of Enforcement investigates and prosecutes alleged violations of the Commodity Exchange Act and Commission regulations. The CFTC takes enforcement actions against individuals and firms registered with the Commission, those who are engaged in commodity futures and option trading on designated domestic exchanges, and those who improperly market futures and options contracts. DateEnforcement Actions 07/19/2011 Ecoval Dairy Trade, Inc. Ordered to Pay $1,425,000 Penalty to Settle CFTC Charges of Attempted Manipulation of Non Fat Dry Milk Futures Prices Order: Ecoval Dairy Trade, Inc. 07/15/2011 CFTC Charges Jeffery A. Lowrance and His Company, First Capital Savings and Loan, with Operating a Million Dollar Foreign Currency Ponzi Scheme Complaint: Jeffery Alan Lowrance,et al. 07/13/2011 Federal Court in Illinois Orders Joseph A. Dawson to Pay $2.1 Million Penalty for Commodity Pool Fraud and Misappropriation Order: Joseph A. Dawson, et al. Order: Joseph A. Dawson, et al. Order: Joseph A. Dawson, et al. CFTC Charges Illinois Resident Joseph A. Dawson and His Company, Dawson Trading LLC, with Commodity Pool Fraud 07/13/2011 CFTC Charges Robert S. Moss of North Carolina with Commodity Pool Fraud and Misappropriation Order: Robert S. Moss 07/12/2011 CFTC Obtains Default Judgment and Permanent Injunction against Florida Resident David L. Ortiz and His Companies for Defrauding Customers in Off-Exchange Foreign Currency Scam Order: Goyep International, Inc., et al. CFTC Charges Florida Resident David L. Ortiz and his Companies, Goyep International, Inc. and Royal Returns, Inc., with Defrauding Customers in an Off-Exchange Foreign Currency Scam 07/08/2011 CFTC Charges CIS Commodities LLC and Allen N. Ward with Misappropriation of Customer Funds and also Charges CIS, Ward, Trans Global Investments, LLC and Charles Leroy Timberlake with Misrepresentation and Issuing False Statements Order: CIS Commodities LLC, et al. Complaint: CIS Commodities LLC, et al. 07/07/2011 Texas Federal Court Issues Order Freezing Assets of Mark Rice and His Houston Company, Financial Robotics Order: Financial Robotics, Inc., et al. Complaint: Financial Robotics, Inc., et al. 06/30/2011 CFTC Charges Grand Island, Nebraska Resident with Fraud and Records Violations in Connection with $4 Million Commodity Pool Complaint: Grace Elizabeth Reisinger, et al. 06/30/2011 CFTC Charges Colorado-based Flint-McClung Capital LLC and Shawon McClung with Fraud and Misappropriation in $1.9 Million Off-Exchange Foreign Currency Ponzi Scheme Complaint: Flint-McClung Capital LLC, et al. 06/30/2011 CFTC Charges Two Air Traffic Controllers and Commodity Trader Michael Gomez with Fraud and Misappropriation in $1.4 Million Dollar Off-Exchange Foreign Currency Scheme Order: Louis J. Giddens, Jr., et al. Complaint: Louis J. Giddens, Jr., et al. 06/27/2011 CFTC Orders Mark Adrian of Florida to Pay $140,000 Civil Penalty in Fraudulent Foreign Currency Scheme Order: CFTC v. Mark J. Adrain 06/24/2011 CFTC Charges Juvenal Machado and Florida-based Invers Forex, LLC with Defrauding Foreign Currency Customers of Almost $800,000 in Ponzi Scheme Complaint: CFTC v. Invers Forex, LLC, et al. 06/20/2011 CFTC Obtains Default Judgment and Permanent Injunction against ForInvest Group aka ForInvests Group LLC for Violating Multiple CFTC Registration Requirements Order: CFTC v. ForInvest Group CFTC Sues 14 Foreign Currency Firms in Nationwide Sweep 06/15/2011 Federal Court in Florida Orders Capital Blu Management, LLC, Donovan Davis Jr., Damien Bromfield, Blayne Davis and DD International Holdings, LLC to Pay More than $17 Million for Committing Fraud Order: Capital Blu Management, LLC, et al. Judgment: Capital Blu Management, LLC,e t al. CFTC Charges Two Florida Companies and Three Florida Men with Operating a Fraudulent Commodity Pool that Solicited Approximately $17 Million from about 100 Investors 06/15/2011 CFTC Charges Victor E. Cilli and his company, Progressive Investment Funds LLC, with Operating a Commodity Pool Ponzi Scheme and Misappropriating Customer Funds Complaint: Victor Eugene Cilli, et al. 06/07/2011 CFTC Revokes Registrations of Texas-based M25 Investments, Inc. and M37 Investments, LLC In the Matter of: M25 Investments, Inc. and M37 Investments, LLC CFTC Seeks to Revoke the Registrations of Texas-based M25 Investments, Inc. and M37 Investments, LLC Federal Court Orders More than $16.2 Million in Customer Restitution and Monetary Penalties against Texas Defendants Scott P. Kear, Sr., Jeffery L. Lyon and their Firms in CFTC Anti-Fraud Action 06/07/2011 CFTC Charges Neal E. Hall of North Carolina with Registration and Disclosure Violations Complaint: Neal E. Hall 06/01/2011 Federal Court Orders Moroccan Resident Richmond Hamilton, Jr., and Chicago Commodity Pool Operator Raleigh Capital Management, Inc. to Pay More than $4 Million in Restitution and a Civil Monetary Penalty for Misappropriation & False Statements to the NFA Order: Raleigh Capital Management, et al. Federal Court Freezes Assets of Moroccan Resident Richmond Hamilton, Jr., and the Chicago Commodity Pool He Manages in a $1 Million Pool Anti-Fraud Case Brought by the CFTC 05/26/2011 Federal Court in Texas Orders Richard D. Theye to Pay More than $6.2 Million for Defrauding Investors in a Multi-Million Dollar Ponzi Scheme Order: Richard D. Theye, et al. CFTC Charges Richard D. Theye and His Company, Micind Capital Management, Inc., with Fraud in Connection with a Multi-Million Dollar Ponzi Scheme 05/26/2011 CFTC Charges Nebraska Residents Jonathan W. Arrington, Michael B. Kratville and Michael J. Welke and their Companies with $4.7 Million Fraud Complaint: MJM Enterprises LLC, et al. 05/25/2011 CFTC Sanctions Cadent Financial Services LLC $125,000 for Supervision Violations Order: Cadent Financial Services LLC 05/24/2011 CFTC Charges Parnon Energy Inc., Arcadia Petroleum Ltd. and Arcadia Energy (Suisse) SA with Price Manipulation in the Crude Oil Market Complaint: Parnon Energy Inc., et al. 05/17/2011 CFTC Charges Florida Firm, American Precious Metals, LLC, and Principals, Sammy J. Goldman and Harry Robert Tanner, Jr., with Fraud Complaint: American Precious Metals, LLC, et al. 05/16/2011 CFTC Charges Puerto Rico Resident Angel F. Collazo and ACJ Capital, Inc. with Solicitation Fraud and Issuing False Statements in Off-Exchange Leveraged Foreign Currency Scheme Complaint: ACJ Capital, Inc., et al. Order: ACJ Capital, Inc., et al. 05/12/2011 CFTC Settles Charges against FX Trading, LLC for Failing to Maintain Minimum Net Capital Required for Futures Commission Merchants Order: FX Trading, LLC 05/09/2011 Federal Court Orders Russian National Marat Yunusov to Pay $500,000 Civil Monetary Penalty for Illegal Commodity Futures Trading Scheme Order: Marat Yunusov CFTC Charges Marat Yunusov with Engaging in a Series of Unlawful Commodity Futures Transactions on Globex 05/04/2011 CFTC Charges Michigan Man Jeffrey L. Groendyke with Operating a Foreign Currency Ponzi Scheme and Misappropriating Customer Funds Order: Jeffery L. Groendyke Complaint: Jeffery L. Groendyke 05/02/2011 CFTC Permanently Bars Former CME Floor Broker Thorbjorn Haveman from Trading for Misappropriation and Fictitious, Noncompetitive and Unauthorized Trading Order: Thorbjorn Haveman 05/02/2011 CFTC Sanctions New York Resident Howard Winell and His Companies, Winell Associates, Inc., and Maxie Partners GP, LLC, More than $5.2 Million for Fraud Order: Howard Winell, et al. 04/28/2011 CFTC Files Anti-Fraud Action against California Companies 20/20 Trading Company, Inc. and 20/20 Precious Metals, Inc. and their Employees, Bharat Adatia, Sharief McDowell and Todd Krejci Order: 20/20 Trading Company, Inc. et al. Complaint: 20/20 Trading Company, Inc. et al. 04/21/2011 New York Federal Court Orders Brian Kim and Liquid Capital Management, LLC, to Pay More than $12 Million in Restitution and Monetary Sanctions for Commodity Pool Fraud Order: Brian Kim et al. New York Federal Court Freezes Assets of Brian Kim and His New York Firm, Liquid Capital Management LLC 04/21/2011 Receiver Makes $792 Million Initial Distribution to Investors in New York Defendants Paul Greenwood’s and Stephen Walsh’s $1.3 Billion Investment Ponzi Scam Charged by the CFTC and SEC Order: Stephen Walsh, et al. CFTC and Defendant Paul Greenwood Agree to a Consent Order Finding that Greenwood Operated a Multi-Billion Dollar Investment Scam CFTC Charges New York Residents with Operating $1.3 Billion Investment Scam 04/18/2011 CFTC Charges Citigroup Trader Otmane El Rhazi, a Moroccan National, with Unlawful Trading and Misappropriation from a Citibank Proprietary Account Order: Otmane El Rhazi Complaint: Otmane El Rhazi 04/14/2011 CFTC Charges California Resident Lyndon Lydell Parrilla and His Company, Green Tree Capital, with Fraud in Multi-Million Dollar Forex Scheme Order: Green Tree Capital, et al. Complaint: Green Tree Capital, et al. 04/12/2011 CFTC Settles Charges against Kuen Cheol Song for Illegal, Fictitious Trading Scheme Order: Kuen Cheol Song CFTC Files Enforcement Action against Singapore National Kuen Cheol Song for Engaging in an Illegal Trading Scheme 04/06/2011 CFTC Charges Pennsylvania-based New Century Investment Management LLC and Ward Onsa of Marco Island, Florida, with Operating a Commodity Pool Ponzi Scheme Complaint: Ward Onsa, et al. 03/30/2011 CFTC Charges Florida Precious Metals Company Kastle & Hawke, Inc. and its Principals, James A. Ward and Nathaniel R. Walker, with Fraud Order: Kastle & Hawke, Inc., et al. Complaint: Kastle & Hawke, Inc., et al. 03/29/2011 U.S. District Court Orders Texas Man Willie Lee Cloud, Jr. and his Company, C & R Financial, Inc., to Pay More than $5.35 Million in Restitution and a Civil Monetary Penalty for Operating a Foreign Currency Ponzi Scheme Order: Willie Lee Cloud, Jr. CFTC Charges Texas Resident Willie L. Cloud, Jr. and His Investment Company, C & R Financial, with Operating a Foreign Currency Ponzi Scheme 03/22/2011 CFTC Sanctions Hernando Chovil of McLean, Virginia, for Fraud in Connection with Operating a Commodity Pool Order: Hernando Chovil 03/22/2011 CFTC Sanctions Bunge Global Markets, Inc. $550,000 for Entering Pre-Market Soybean Futures Orders on Globex that Caused Non-Bona Fide Prices to be Reported Order: Bunge Global Markets, Inc. 03/21/2011 CFTC Charges Florida Resident Jeremy M. Globe and his Company, GlobeFX Club, Inc., with Making False Statements to the National Futures Association Complaint: GlobeFX Club, Inc. et al. 03/21/2011 CFTC and State of California Charge The Trade Tech Institute, Inc., Technology Trading International, Inc., Robert Sorchini and Richard Carter with Fraudulently Soliciting More than 600 Managed Commodity Trading Accounts Order: The Trade Tech Institute, Inc., et al. Complaint: The Trade Tech Institute, Inc., et al. 03/17/2011 CFTC Charges Florida Couple and their Company, Queen Shoals Consultants, LLC, with Defrauding Foreign Currency Customers of More than $1.44 Million Complaint: Queen Shoals Consultants, LLC, et al. CFTC Charges Charlotte, North Carolina Couple Sidney and Charlotte Hanson and their Companies with Operating a $22.5 Million Foreign Currency Ponzi Scheme 03/16/2011 Federal Court Orders Brookshire Raw Materials Management, LLC, John M. Marshall, Stephen Z. Adams and Other Companies to Pay More than $15.8 Million for Defrauding Pool Participants and Misappropriating Millions of Dollars in a Commodity Pool Scheme Order: Brookshire Raw Materials Management, LLC Consent Order: Brookshire Raw Materials, et al. Order: Brookshire Raw Materials Group, Inc., et al. Federal Court Order Freezes Assets of Illinois Commodity Pool Operator Brookshire Raw Materials Management, LLC and its Canadian Principals Based on CFTC Charges of Misappropriating More Than $4.6 Million in a Ponzi Scheme 03/15/2011 CFTC Charges Alan James Watson, Michael S. Potts and Cash Flow Financial LLC with Defrauding Customers in $45 Million Commodity Pool Ponzi Scheme Restraining Order: Cash Flow Financial, LLC, et al. Complaint: Cash Flow Financial, LLC, et al. CFTC Charges Florida Resident Phillip Milton and Virginia Residents Gregory and William Center with Operating a $28 Million Ponzi Scheme California Court Imposes Fines and Other Sanctions Totaling More than $25 Million against Safevest LLC of Mission Viejo, California and its Owners, Jon G. Ervin and John V. Slye 03/10/2011 Federal Court in North Carolina Orders Dennis Todd Hagemann and Yellowstone Partners, Inc. to Pay More than $1.6 Million for Defrauding Investors in a Foreign Currency Ponzi Scheme Order: Yellowstone Partners, Inc., et al. CFTC Charges Raleigh, North Carolina Man and His Company, Yellowstone Partners, Inc., with Operating a Foreign Currency Ponzi Scheme 03/09/2011 CFTC Charges Jacob Juma Omukwe and his Companies with Solicitation Fraud and Misappropriation in $3 Million Foreign Currency Scheme Order: Jade Investments Group, LLC et al. Ex Parte Order: Jade Investments Group, LLC et al. Complaint: Jade Investments Group, LLC et al. 03/04/2011 Arizona Federal Court Imposes More than $1.1 Million in Restitution and Monetary Sanctions on Helmut H. Weber, Charged with Fraud and Misappropriation in Foreign Currency Scheme Order: Helmut H. Weber Order: Helmut H. Weber CFTC Charges Scottsdale, Arizona Resident Helmut H. Weber d/b/a Weber Capital Management with Solicitation Fraud and Misappropriation in Forex Scheme 03/04/2011 Tennessee Federal Court Imposes More than $49.7 Million in Monetary Sanctions on Dennis R. Bolze and His Company, Centurion Asset Management, Inc. for Fraud and Misappropriation in Commodity Pool Ponzi Scheme Default Order: Dennis R. Bolze, et al. Order: Dennis R. Bolze, et al. CFTC Charges Tennessee Resident and Las Vegas-based Firm with Fraud and Misappropriation in $20 Million Commodity Pool Ponzi Scheme 03/03/2011 California Federal Court Imposes More than $46.9 Million in Monetary Sanctions on Robert D. Bame and his Firm, Forward Investment Group, LLC, for Commodity Pool Fraud Order: Robert D. Bame, et al. Order: Robert D. Bame, et al. California Commodity Pool Operator and its Sole Manager Charged in Federal Court with Commodity Pool Fraud 03/01/2011 New York Federal Court Orders Staten Island Resident Jeffrey Shalhoub and Jeff Shalhoub Investments to Pay More than $700,000 in Connection with a Commodity Futures Ponzi Scheme Order: Jeffrey Shalhoub, et al. CFTC Files Anti-Fraud Action against Jeffrey Shalhoub and Jeff Shalhoub Investments for Operating a Futures Ponzi Scheme 02/28/2011 CFTC Charges Florida Resident David L. Ortiz and his Companies, Goyep International, Inc. and Royal Returns, Inc., with Defrauding Customers in an Off-Exchange Foreign Currency Scam Order: David L. Ortiz, et al. Complaint: David L. Ortiz, et al. 02/24/2011 CFTC Seeks to Revoke the Registrations of Texas-based M25 Investments, Inc. and M37 Investments, LLC Notice: M25 Investments, Inc. and M37 Investments, LLC Federal Court Orders More than $16.2 Million in Customer Restitution and Monetary Penalties against Texas Defendants Scott P. Kear, Sr., Jeffery L. Lyon and their Firms in CFTC Anti-Fraud Action Federal Court Freezes Assets of Texas Trading Firms M25 Investments, Inc. and M37 Investments, LLC, and Scott Kear, Sr., Jeffrey Lyon and David Seaman, Charged by the CFTC with an $8 Million Forex Fraud 02/22/2011 CFTC Charges Missouri Resident Randall L. Stuckey and His Three Business Entities with Soliciting at Least $2.8 Million from Customers in Foreign Currency (Forex) Futures Fraud Order: Randall Lynn Stuckey, et al. Complaint: Randall Lynn Stuckey, et al. 02/22/2011 CFTC Sanctions Cantor Fitzgerald & Co. $100,000 for Wash Sales and Causing Noncompetitive Trading in the Reformulated Gasoline Futures Contract Traded on the New York Mercantile Exchange Order: Cantor Fitzgerald & Co. 02/17/2011 Federal Court Freezes Assets of Texas Man Larry Benny Groover, Charged by the CFTC with Operating a Foreign Currency Ponzi Scheme and Misappropriating Customer Funds Order: CFTC v. Larry Benny Groover, et al. Complaint: CFTC v. Larry Benny Groover, et al. 02/16/2011 CFTC Obtains Asset Freeze against Keith Simmons, Deanna Salazar, Bryan Coats, Jonathan Davey and Their Companies, Charged in $35 Million Foreign Currency Ponzi Scheme Complaint: CFTC v. Keith Simmons, et al. Consent Order: Deanna Salazar, Life plus Group, LLC and Lawrence Salazar Order: Keith F. Simmons, Bryan Coats and Jonathan Davey 02/15/2011 New York Federal Court Freezes Assets of Brian Kim and His New York Firm, Liquid Capital Management LLC Order: CFTC v. Brian Kim, et al. Complaint: CFTC v. Brian Kim, et al. 02/14/2011 CFTC Charges Two North Carolina Residents and their Company, PMC Strategy, LLC, with Fraudulently Soliciting at least $669,000 in Foreign Currency Ponzi Scheme Order: CFTC v. PMC Strategy, LLC, et al. Complaint: CFTC v. PMC Strategy, LLC, et al. 02/09/2011 CFTC Charges New York Resident Hasaan R. Steel with Commodity Pool Fraud Order: CFTC v. Hasaan R. Steel Complaint: CFTC v. Hasaan R. Steel 02/07/2011 CFTC Orders Chicago-Based Futures Commission Merchant Newedge USA, LLC to Pay More than $220,000 for Violating Speculative Position Limits in Live Cattle Futures Trading Order: Newedge USA, LLC 02/04/2011 CFTC Wins Commodity Fraud Trial 02/03/2011 CFTC Sanctions New York Resident James M. Peister and His Company, Northstar International Group, Inc., More than $11 Million to Settle CFTC Anti-Fraud Action Order: Northstar International Group, Inc., et al. 02/02/2011 Minnesota Federal Court Orders Minnesota Man Charles E. Hays and His Company, Crossfire Trading, LLC, to Pay More than $84 Million in Disgorgement and Civil Monetary Penalties in Connection with Multi-Million Dollar Commodity Pool Ponzi Scheme Order: CFTC v. Crossfire Trading LLC, et al. CFTC Charges Minnesota Resident Charles “Chuck” E. Hays and His Company, Crossfire Trading, LLC, with Running a $5.5 Million Ponzi Scheme 01/31/2011 Utah Federal Court Freezes Assets of Robert Andres and His Houston Firm, Winsome Investment Trust, and Robert Holloway and His Salt Lake City Company, US Ventures LC Order: CFTC v. Winsome Investment Trust, et al. Complaint: CFTC v. Winsome Investment Trust, et al. 01/26/2011 CFTC Orders Illinois Traders Andrew Daniels, Ed Taylor and Daniels Trading Group LLC to Pay $2 Million and Imposes Trading Prohibition for Violating Rough Rice Speculative Position Limits and Concealing Material Facts from the CME Group Order: Andrew W. Daniels, et al. 01/26/2011 CFTC Sues 14 Foreign Currency Firms in Nationwide Sweep Complaint: CFTC v. InovaTrade, Inc. Complaint: CFTC v. J&K Futures, Inc. Complaint: CFTC v. GIGFX, L.L.C. Complaint: CFTC v. Instatrade Corporation, et al. Complaint: CFTC v. FIG Solutions Limited, Inc. Complaint: CFTC v. Kingdom Forex Trading Complaint: CFTC v. Prime Forex, LLC Complaint: CFTC v. Wall Street Brokers, LLC Complaint: CFTC v. InvesttechFX Technologies Complaint: CFTC v. FXOpen Investments Complaint: CFTC v. FXPRICE, LLC Complaint: CFTC v. ForInvest Group Complaint: CFTC v. EuroForex Development LLC 01/25/2011 Florida Federal Court Orders Sarasota Resident Beau Diamond and his Company, Diamond Ventures LLC, to Pay More than $4 Million in Restitution and Civil Monetary Penalties in Connection with Multi-Million Dollar Forex Fraud Order: CFTC v. Beau Diamond, et al. Federal Court Freezes the Assets of Florida Resident Beau Diamond and Diamond Ventures LLC, Charged by the CFTC with Operating a $37 Million Dollar Forex Fraud 01/24/2011 CFTC Charges Arizona Resident Anthony Eugene Linton with Operating a Foreign Currency Ponzi Scheme Order: CFTC v. Anthony Eugene Linton Complaint: Anthony Eugene Linton d/b/a The Private Trading Pool 01/13/2011 CFTC Sanctions Commodity Trading Advisor Alan F. Dasher Order: Alan F. Dasher 01/11/2011 CFTC Charges California Resident Scott Bottolfson with Operating a $14 Million Commodity Pool Ponzi Scheme Complaint: Increase Investments, Inc., Spirit Investments, Inc., and Scott Bottolfson 01/07/2011 Utah Resident Darren L. Shanks and His Firm, Forex Auto Profits, LLC, Ordered to Pay More than $2.9 Million in Fines and Restitution for Fraud and Misappropriation in Foreign Currency Scheme.