Category Archives: Commodity Exchange Act

Bitcoin - Digital Currency, bullion precious metals, CFTC, Commodity Exchange Act, Commodity Futures Trading Commission, Crime and Fraud, cryptocurrency, Featured Bullion, Precious Metals, Recent Articles & Video

CFTC Issues Charges in Ongoing Crypto, Precious Metals Fraud

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Commodity Futures Trading Commission (CFTC) …… On Firday, August 11, the Commodity Futures Trading Commission (CFTC) announced that it has filed a complaint in the U.S. District Court for the Middle District of Florida against Rene Larralde of Melbourne, Florida; Juan Pablo Valcarce of West Melbourne, Florida; Brian Early of New Orleans, Louisiana; Alisha Ann […]

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Alexander Spellane, bullion precious metals, CFTC, Commodity Exchange Act, Commodity Futures Trading Commission, Consumer Alert, consumer fraud, Crime and Fraud, Featured Bullion, Fisher Capital, Home Page Bullion, Precious Metals, Precious Metals News, Recent Articles & Video

CFTC Charges Precious Metals Dealers in Elderly Fraud

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Commodity Futures Trading Commission (CFTC) …… The Commodity Futures Trading Commission (CFTC) announced on Tuesday, April 25, 2023, it has filed a civil enforcement action in the U.S. District Court for the Eastern District of New York against two affiliated precious metals dealers located in Los Angeles, California: Fisher Capital LLC and AMS Consulting Solutions […]

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Argent Assets Group, Argent Group, Bob Higgins, Bullion & Metals, CFTC, Coin Dealer News, Commodity Exchange Act, Commodity Futures Trading Commission, Consumer Alert, Crime and Fraud, Dealer News, Dealers and Companies, Delaware, depository services, First State Depository, Fraud, Gretchen Lowe, Home Page Bullion, People, Precious Metals, Precious Metals Companies, Precious Metals Dealers, Precious Metals News, Recent Articles & Video, Robert Higgins, Silver

Precious Metals Dealer Bob Higgins of Argent Group Charged With Ongoing Fraud

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Commodity Futures Trading Commission (CFTC) ……   On Wednesday, October 5, 2022, the Commodity Futures Trading Commission (CFTC) announced that it filed a civil enforcement action in the U.S. District Court for the District of Delaware against a precious metals dealer, Argent Asset Group LLC, and a precious metals depository, First State Depository Company, LLC, […]

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A-Mark Precious Metals, Bullion & Metals, CFTC, Commodity Exchange Act, Commodity Futures Trading Commission, Consumer Alert, Consumer Alert Gold, Crime and Fraud, Dealers and Companies, Goldline, Home Page Bullion, Precious Metal News, Precious Metals, Press Release, Recent Articles & Video

CFTC Orders Goldline, A-Mark to Pay Over $1 Million for Fraud

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Commodity Futures Trading Commission (CFTC) ……   On Thursday, September 22, 2022, the Commodity Futures Trading Commission (CFTC) issued an order filing and simultaneously settling charges against Goldline, Inc. and A-Mark Precious Metals, Inc., both California companies, for fraud in connection with off-exchange retail commodity transactions; failing to register as a Futures Commission Merchant (FCM); […]

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Bullion & Metals, Cedric Chanu, CFTC, COMEX, Commodity Exchange Act, Commodity Futures Trading Commission, Crime and Fraud, Gold, Gold futures, Home Page Bullion, James Vorley, Palladium, Platinum, Precious Metals, precious metals futures, Press Releases, Recent Articles & Video, Silver, Vincent McGonagle

Federal Court Orders Precious Metals Traders to Pay Penalties for Spoofing

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Commodity Futures Trading Commission (CFTC) ……   The Commodity Futures Trading Commission (CFTC) today announced that Judge Steven C. Seeger of the U.S. District Court for the Northern District of Illinois issued final judgments and consent orders against James Vorley and Cedric Chanu, former precious metals traders, for spoofing and engaging in a deceptive or […]

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Alista Group, Bullion & Metals, CFTC, Christopher Kertatos, Commodity Exchange Act, Commodity Futures Trading Commission, Crime and Fraud, Home Page Bullion, Luis Pineda, Marvin Courson, ponzi scheme, Precious Metals, Press Release, Recent Articles & Video

Florida Men Ordered to Pay Over $1.6 Million for Precious Metals Fraud

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Commodity Futures Trading Commission (CFTC) ……   On Wednesday, March 2, the Commodity Futures Trading Commission (CFTC) announced the U.S. District Court for the Middle District of Florida entered consent orders on March 1 for permanent injunction, monetary sanctions, and equitable relief against Marvin W. Courson III and Christopher A. Kertatos. Both Courson and Kertatos […]

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Bullion & Metals, CFTC, Commodity Exchange Act, Commodity Futures Trading Commission, Consumer Alert, consumer fraud, Crime and Fraud, Home Page Bullion, Jeffrey Santulan, NASAA, North American Securities Administrators Association, Precious Metals, Press Releases, Recent Articles & Video, Rostin Behnam, Safeguard Metals, Security Exchange Commission, Vincent McGonagle

CFTC Charges Safeguard Metals With Precious Metals Fraud Targeting the Elderly

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  Commodity Futures Trading Commission (CFTC) …… The Commodity Futures Trading Commission (CFTC) and 27 state securities regulatory agencies that are members of the North American Securities Administrators Association (NASAA) announced the filing of a joint civil enforcement action in the U.S. District Court for the Central District of California against a precious metals dealer […]

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Bullion & Metals, CFTC, Commodity Exchange Act, Commodity Futures Trading Commission, Consumer Alert, consumer fraud, Crime and Fraud, Dodd Frank, Fraud, Home Page Bullion, Louis Carabini, Michael Carabini, Monex, Precious Metals, precious metals investing, Press Release, Recent Articles & Video

U.S. Court of Appeals Rules in Favor of CFTC in Fraud Case Against Monex Deposit Company

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Commodity Futures Trading Commission (CFTC) ……   On Thursday, July 22, the Commodity Futures Trading Commission (CFTC) announced that the United States Court of Appeals for the Ninth Circuit affirmed a preliminary injunction in the CFTC’s anti-fraud enforcement action against Monex Deposit Company (Monex) and its affiliated companies and principals on July 20. This marks […]

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Bullion & Metals, CFTC, Commodity Exchange Act, Commodity Futures Trading Commission, Crime and Fraud, Home Page Bullion, Kathleen Hook, National Coin Broker Inc., NCB Wholesale Co., ponzi scheme, Precious Commodities Inc., Precious Metals, Press Release, Recent Articles & Video, Robert Jeffrey Johnson, Ross Baldwin, Vincent McGonagle

CFTC Charges Individuals and Florida Companies With Fraud in Multimillion-Dollar Precious Metals Scheme

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Commodity Futures Trading Commission (CFTC) ……   On Thursday, July 1, the Commodity Futures Trading Commission (CFTC) announced that it has filed a civil enforcement action in the U.S. District Court for the Southern District of New York against Robert Jeffrey Johnson, Kathleen Hook, Ross Baldwin, Precious Commodities, Inc. (PCI), National Coin Broker, Inc. (NCB), […]

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Alista Group, Bullion & Metals, CFTC, Christopher Kertatos, Commodity Exchange Act, Commodity Futures Trading Commission, Crime and Fraud, Home Page Bullion, Luis Pineda, Marvin Courson, ponzi scheme, Precious Metals, Press Release, Recent Articles & Video

Federal Court Orders The Alista Group, LLC and Florida Man to Pay $2.6 Million+ in Precious Metals Fraud

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Commodity Futures Trading Commission (CFTC) ……   The Commodity Futures Trading Commission (CFTC) announced today that the U.S. District Court for the Middle District of Florida entered an order granting the CFTC’s motion for entry of default judgment against defendants The Alista Group, LLC of Orlando, Florida and other locations, and Luis M. Pineda Palacios, […]

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Barrick Capital, Bullion & Metals, CFTC, Chase Metals, Commodity Exchange Act, Commodity Futures Trading Commission, Crime and Fraud, Heath P. Tarbert, James McDonald, Lisa Hopkins, Lucas Asher, Metals.com, NASAA, North American Securities Administrators Association, Precious Metals, Press Releases, Recent Articles & Video, Simon Batashvili, TMTE, Tower Equity

CFTC, 30 States Charge Los Angeles Precious Metals Dealers in Ongoing $185 Million Fraud Targeting Elderly

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Largest Joint Filing Between CFTC and State Regulators in History   By Commodity Futures Trading Commission (CFTC) ……   The Commodity Futures Trading Commission (CFTC) and 30 state regulators that are members of the North American Securities Administrators Association (NASAA) announced the filing of a joint civil enforcement action in the U.S. District Court for […]

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Bullion & Metals, CFTC, Commodity Exchange Act, Commodity Futures Trading Commission, Consumer Alert, Consumer Alert Gold, Crime and Fraud, Gold, Gold IRA, Investing in Gold, IRA, IRA accounts, IRA investments, Precious Metals, precious metals investing, Press Release, Recent Articles & Video

CFTC: Beware of Gold and Silver Schemes Designed to Drain Your Retirement Savings

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By Commodity Futures Trading Commission (CFTC) …. The Commodity Futures Trading Commission (CFTC) advises the public not to take cash from their retirement plans under relaxed distribution rules provided in the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to speculate or invest in gold, silver, or other precious metals without first consulting licensed […]

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Alista Group, Bullion & Metals, CFTC, Commodity Exchange Act, Commodity Futures Trading Commission, Crime and Fraud, Marvin Courson, ponzi scheme, Precious Metals, Press Release, Recent Articles & Video

CFTC Charges Georgia Company, Florida Residents With Precious Metals Fraud, Misappropriation of Nearly $900,000

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By Commodity Futures Trading Commission (CFTC) ….   The Commodity Futures Trading Commission (CFTC) filed a civil enforcement action in the U.S. District Court for the Middle District of Florida against The Alista Group, LLC (Alista), owner Marvin W. Courson III, and company employees Christopher A. Kertatos and Luis M. Pineda Palacios a/k/a Luis Pineda, […]

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Bullion & Metals, CFTC, Commodity Exchange Act, Commodity Futures Trading Commission, Crime and Fraud, James McDonald, Joseph Esposito, ponzi scheme, Precious Metals, Press Release, Recent Articles & Video, Salvatore Esposito, United States Secret Service, US Coin Bullion LLC

CFTC Charges US Coin Bullion LLC and Its Owners With $7.9 Million Precious Metals Fraud

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By Commodity Futures Trading Commission (CFTC) ….   On Friday, January 10, the U.S. Commodity Futures Trading Commission (CFTC) announced it had filed a civil enforcement action on January 8 in the U.S. District Court for the Middle District of Florida, charging US Coin Bullion LLC, Salvatore Esposito, and Joseph Esposito with misappropriating over $7.9 […]

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Aviv Michael Hen, Bullion & Metals, CFTC, Commodity Exchange Act, Commodity Futures Trading Commission, Crime and Fraud, Erez Hen, Omega Knight 2, ponzi scheme, Precious Metals, Precious Metals News, Press Releases, Recent Articles & Video

Federal Court Orders Florida Company to Pay More Than $15 Million for Fraud, Illegal Precious Metals Transactions

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By Commodity Futures Trading Commission ……   On Monday, October 28, the United States Commodity Futures Trading Commission today announced that the U.S. District Court for the Southern District of Florida entered a default judgment against defendants Aviv Michael Hen of New York, and Omega Knight 2, LLC, as well as a consent order against […]

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Bullion & Metals, CFTC, Commodity Exchange Act, Commodity Futures Trading Commission, Crime and Fraud, Fraud, Gold, James McDonald, Mitsubishi International Corporation, Morgan Stanley Capital Group, Precious Metals, Press Release, Recent Articles & Video, Silver

Morgan Stanley, Mitsubishi to Pay Almost $2 Million for Spoofing Precious Metals Futures

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By Commodity Futures Trading Commission …… On Tuesday, October 1, the U.S. Commodity Futures Trading Commission today announced that civil enforcement actions were filed and simultaneously settled against two trading firms and one bank for violating the Commodity Exchange Act’s (CEA) prohibition on spoofing (bidding or offering with the intent to cancel the bid or […]

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Bullion & Metals, CFTC, Christian Trunz, Commodity Exchange Act, Commodity Futures Trading Commission, Crime and Fraud, Fraud, James McDonald, Precious Metals, Press Releases, Recent Articles & Video

Former Precious Metal Trader Admits to Fraud at Two New York Banks

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By Commodity Futures Trading Commission …..   On September 16, the United States Commodity Futures Trading Commission (CFTC) issued an order filing and settling charges against Christian Trunz, a former precious metals trader at two financial institutions who entered into a formal cooperation agreement with the CFTC’s Division of Enforcement and admitted to spoofing in […]

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Argor-Heraeus, Bullion & Metals, CFTC, COMEX, Commodity Exchange Act, Commodity Futures Trading Commission, Crime and Fraud, Fraud, John Lawrence, Precious Metals, Press Releases, Recent Articles & Video

Trader, Industrial Firm Charged with Spoofing in Precious Metals Futures

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By Commodity Futures Trading Commission …..   On Monday, September 16, he U.S. Commodity Futures Trading Commission (CFTC) issued two orders filing and settling charges against John Lawrence and his employer, Heraeus Metals New York LLC, for spoofing — bidding or offering with the intent to cancel the bid or offer before execution. The order […]

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About.ag, Bullion & Metals, CFTC, Commodity Exchange Act, Commodity Futures Trading Commission, Consumer Alert, Crime and Fraud, Dodd Frank, Heath P. Tarbert, Joshua Gibbons, Monex, Precious Metals, precious metals market, Precious Metals News, Press Release, Recent Articles & Video

Gold & Precious Metals: Ninth Circuit Rules for CFTC in Fraud Case Against Monex

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By Commodity Futures Trading Commission …. On Thursday, July 25, the United States Court of Appeals for the Ninth Circuit reinstated its anti-fraud enforcement action against Monex Deposit Company and its affiliated companies and principals. The Ninth Circuit held that the district court erred in dismissing the case, and ruled that the CFTC’s charges of […]

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Bullion & Metals, CFTC, Commodity Exchange Act, Commodity Futures Trading Commission, Corey D. Flaum, Crime and Fraud, FBI, Gold, John Edmonds, Precious Metals, precious metals futures, Precious Metals News, Press Release, Recent Articles & Video

Two Former Precious Metals Traders Admit To Manipulation at New York Banks

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By Commodity Futures Trading Commission …… On Thursday, July 25, the U.S. Commodity Futures Trading Commission issued two orders filing and settling charges against former precious metals traders at separate financial institutions who entered into formal cooperation agreements with the CFTC’s Division of Enforcement and admitted to spoofing and manipulative conduct in the futures markets. […]

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Bullion & Metals, CFTC, Chelsea Gless, Commodity Exchange Act, Commodity Futures Trading Commission, consumer fraud, Crime and Fraud, Precious Metals, Press Releases, Recent Articles & Video, Royal Metals Group

CFTC: Federal Court Orders Precious Metals Dealer to Pay Over $2.3 Million for Fraud

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By Commodity Futures Trading Commission ….. The Commodity Futures Trading Commission (CFTC) today announced that the U.S. District Court for the Southern District of New York entered an Order of Default Judgment and Permanent Injunction against Royal Metals Group, LLC (RMG), and its member, manager and part owner, Chelsea Gless of Iowa (collectively, “defendants”) for […]

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Bullion & Metals, Carlos Javier Ramirez, CFTC, Commodity Exchange Act, Commodity Futures Trading Commission, consumer fraud, Crime and Fraud, Gold, Gold Chasers Inc., People, ponzi scheme, Precious Metals, Press Releases, Recent Articles & Video, Royal Leisure International

Precious Metals Dealer Ordered to Pay More Than $8 Million for Fraud and Misappropriation

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By Commodity Futures Trading Commission ….. The Commodity Futures Trading Commission (CFTC) announced on March 4 that a Florida federal court ordered Carlos Javier Ramirez and his companies, Royal Leisure International, Inc. (RLI) and Gold Chasers, Inc. (GCI), to pay restitution and civil monetary penalties for fraudulently soliciting customers to purchase physical gold and misappropriating […]

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Bullion & Metals, CFTC, Commodity Exchange Act, Commodity Futures Trading Commission, consumer fraud, Crime and Fraud, Hannes Tulving, People, Precious Metals, Press Releases, Recent Articles & Video

Court Imposes $15.7 Million Penalty, Lifetime Ban Against Precious Metals Dealer Hannes Tulving

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By Commodity Futures Trading Commission ….. In 2015, the CFTC Charged California Resident Hannes Tulving, Jr. and His Firm with Misappropriation and Fraudulent Solicitation in a Precious Metals Scheme that Defrauded at Least 381 Customers Nationwide * * * The Commodity Futures Trading Commission (CFTC) announced today that Judge Robert J. Conrad Jr. of the […]

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Bullion & Metals, CFTC, Commodity Exchange Act, Commodity Futures Trading Commission, Crime and Fraud, Gaylen Dean Rust, Podcast, ponzi scheme, Precious Metals, Press Releases, Recent Articles & Video, Rust Rare Coin

CFTC Charges Additional Defendants in $200 Million Precious Metals Ponzi Scheme

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By Commodity Futures Trading Commission ….. The Commodity Futures Trading Commission (CFTC) and the Utah Department of Commerce, Division of Securities, through its Attorney General (State of Utah) filed an amended complaint alleging that Denise Gunderson Rust (Denise Rust) and Joshua Daniel Rust (Joshua Rust) actively participated and aided and abetted, in a precious metals […]

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Bullion & Metals, CFTC, Commodity Exchange Act, Commodity Futures Trading Commission, Crime and Fraud, Gaylen Dean Rust, ponzi scheme, Precious Metals, Press Release, Recent Articles & Video, Rust Rare Coin

CFTC, State of Utah Charge Precious Metals Dealer in $170 Million Ponzi Scheme

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By Commodity Futures Trading Commission …..   The Commodity Futures Trading Commission (CFTC) and the Utah Department of Commerce, Division of Securities, through its Attorney General, jointly filed a civil enforcement action in the U.S. District Court for the District of Utah, Central Division, against Defendants Gaylen Dean Rust (Rust) and Rust Rare Coin, Inc. […]

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Betty Lea Grimes, Bullion & Metals, CFTC, Commodity Exchange Act, Commodity Futures Trading Commission, Crime and Fraud, Mark Olsen Mining Company, Precious Metals News, Press Releases, Recent Articles & Video

Mark Olsen Mining Company, Manager Charged with Illegal Precious Metals Transactions

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By Commodity Futures Trading Commission ….   On June 12, the Commodity Futures Trading Commission (CFTC) filed a civil enforcement action charging Florida-based Defendants Mark Olsen Mining Company (MOMC) and Betty Lea Grimes with engaging in illegal, off-exchange transactions in precious metals with retail customers on both a fully paid as well as a leveraged, […]

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Aviv Michael Hen, Bullion & Metals, CFTC, Commodity Exchange Act, Commodity Futures Trading Commission, Crime and Fraud, Erez Hen, Omega Knight 2, Precious Metals News, Press Release, Recent Articles & Video

CFTC Charges Omega Knight 2, LLC, Owner with $5.5 Million Precious Metals Fraud

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By Commodity Futures Trading Commission …. The Commodity Futures Trading Commission (CFTC) filed a civil enforcement action for CFTC Charges Omega Knight 2, LLC, Owner with $5.5 Million Precious Metals Fraud in the U.S. District Court for the Southern District of Florida against Defendants Omega Knight 2, LLC (Omega Knight), its owner and president, Aviv Michael […]

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Bullion & Metals, CFTC, Commodity Exchange Act, Commodity Futures Trading Commission, Crime and Fraud, Dodd Frank, Mintco LLC, Press Release, Recent Articles & Video, Richard Q. Zimmerman, Stuart Rubin

Mintco, Owners to Pay $340,000 for Illegal Precious Metals Transactions: CFTC

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By Commodity Futures Trading Commission ….   The Commodity Futures Trading Commission (CFTC) obtained three related Consent Orders of Permanent Injunction against Defendants Mintco LLC of Delray Beach, Florida, and its owners Stuart Rubin of Fort Lauderdale, Florida, and Richard Q. Zimmerman of Wellington Florida, finding that all Defendants engaged in illegal off-exchange precious metals […]

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bitcoin, Bitcoin - Digital Currency, Bitcoin News, CFTC, Commodity Exchange Act, Commodity Futures Trading Commission, Consumer Alert, Crime and Fraud, cryptocurrency, Cryptocurrency and Crime, Cryptocurrency News, digital currency, Education, Fraud, Press Release, Recent Articles & Video, virtual currency

Bitcoin & Cryptocurrency – CFTC Launches Virtual Currency Resource Web Page

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By Commodity Futures Trading Commission Bitcoin web page…. On December 15, the U.S. Commodity Futures Trading Commission (CFTC) launched a virtual currency resource web page, cftc.gov/bitcoin. This dedicated page is a central repository for Commission-produced resources about virtual currency, and is designed to educate and inform the public about these commodities, including the possible risks associated […]

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About.ag, Bullion & Metals, Bullion Direct Scam, Commodity Exchange Act, Dodd Frank, Editors Choice, Joshua Gibbons, Louis Carabini, Michael Carabini, Monex, Northwest Territorial Mint, Pacific Coast Coin Exchange, Precious Metals, precious metals market, Recent Articles & Video

Monex: Will the CFTC End Retail Bullion Leverage?

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By Joshua Gibbons – About.Ag – for CoinWeek …. I first started following Monex in late 2014, about a year after the U.S. Commodities Futures Trading Commission (CFTC) started their investigation. Their investigation, as you have likely heard, resulted in a lawsuit alleging “one of the largest precious metals fraud cases in the history of […]

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Bullion & Metals, CFTC, Commodity Exchange Act, Commodity Futures Trading Commission, Consumer Alert, Crime and Fraud, Dodd Frank, Louis Carabini, Michael Carabini, Monex, News, precious metals investing, Recent Articles & Video

CFTC Files Complaint Against Monex Alleging $290 Million Fraud

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One of the largest cases of fraud the CFTC has ever dealt with, according to new lawsuit By CoinWeek News Staff …. On Wednesday, September 6, the Commodity Futures Trading Commission (CFTC) filed a civil injunction against three associated precious metals trading companies and the father and son partners who run them. The three companies, […]

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Alexi Bethel, AmeriFirst Management, Bullion & Metals, CFTC, Commodity Exchange Act, Commodity Futures Trading Commission, Crime and Fraud, Dodd Frank, Fraud, Hunter Wise LLC, Lloyds Commodities LLC, North American Asset Management, Precious Metal News, Precious Metals, Press Release, Recent Articles & Video, Steven Labadie

Asset Management to Pay Almost $2 Million Over Illegal Precious Metals Transactions

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By Commodity Futures Trading Commission ….   The U.S. Commodity Futures Trading Commission (CFTC) announced that Judge Jose E. Martinez of the U.S. District Court for the Southern District of Florida entered a Consent Order against North American Asset Management, LLC (NAAM) of Fort Lauderdale, Florida, its owner and president Alexi Bethel of Miami, Florida, […]

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Apex Asset Advisors, Bullion & Metals, CFTC, Commodity Exchange Act, Commodity Futures Trading Commission, Crime and Fraud, Dodd Frank, Fraud, K.B. Concepts Group, Kelvin Burgos, Precious Metals, Precious Metals News, Press Releases, Recent Articles & Video

Feds Order Kelvin Burgos to Pay More Than $486,300 for Illegal Precious Metals Transactions

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By Commodity Futures Trading Commission ….   The U.S. Commodity Futures Trading Commission (CFTC) announced that Judge Cecilia M. Altonaga of the U.S. District Court for the Southern District of Florida entered a final Order of Default Judgment (Order) against Defendants Kelvin Burgos and his company K.B. Concepts Group, LLC d/b/a Apex Asset Advisors, LLC […]

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AmeriFirst Management LLC, Andrew Kurzbard, Bullion & Metals, CFTC, Commodity Exchange Act, Commodity Futures Trading Commission, consumer fraud, Crime and Fraud, Dodd Frank, Fraud, Guardian Asset Group LLC, Precious Metals, precious metals futures, Precious Metals News, Press Release, Recent Articles & Video

Federal Court Orders More Than $1 Million in Restitution from Guardian Asset Group

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By Commodity Futures Trading Commission ….   On May 23, the U.S. Commodity Futures Trading Commission (CFTC) announced that Judge Kenneth A. Marra of the U.S. District Court for the Southern District of Florida entered a Consent Order against Guardian Asset Group, LLC (Guardian) of West Palm Beach, Florida, and its owner and principal, Andrew […]

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AmeriFirst Management LLC, Andrew Kurzbard, Bullion & Metals, CFTC, Commodity Exchange Act, Commodity Futures Trading Commission, consumer fraud, Crime and Fraud, Dodd Frank, Fraud, Guardian Asset Group LLC, Precious Metals, precious metals futures, Precious Metals News, Press Release, Recent Articles & Video

Federal Court Orders More Than $1 Million in Restitution from Guardian Asset Group

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By Commodity Futures Trading Commission …. On May 23, the U.S. Commodity Futures Trading Commission (CFTC) announced that Judge Kenneth A. Marra of the U.S. District Court for the Southern District of Florida entered a Consent Order against Guardian Asset Group, LLC (Guardian) of West Palm Beach, Florida, and its owner and principal, Andrew Kurzbard, […]

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Bullion & Metals, CFTC, Commodity Exchange Act, Commodity Futures Trading Commission, consumer fraud, Crime and Fraud, Dodd Frank, Joseph DiCrisci, Oakmont Financial Inc., Precious Metals, Press Releases, Recent Articles & Video

Federal Court Orders Nevada Man to Pay $2.9 Million+ Penalty for Illegal Precious Metals Transactions

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Court Earlier Entered a Default Judgment Order against Oakmont Financial, Inc. By Commodity Futures Trading Commission ….   The U.S. Commodity Futures Trading Commission (CFTC) announced that Judge William P. Dimitrouleas of the U.S. District Court for the Southern District of Florida entered an Order of Final Judgment by Default (Order) against Defendant Joseph Charles […]

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Bullion & Metals, CFTC, Commodity Exchange Act, Commodity Futures Trading Commission, consumer fraud, Crime and Fraud, Hunter Wise LLC, News This Month, Precious Metals, Press Releases, Recent Articles & Video, Scott Platto, Yorkshire Group

Federal Court Orders Yorkshire Group to Pay More Than $1.56 Million for Illegal Precious Metals Transactions

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By Commodity Futures Trading Commission ….   The U.S. Commodity Futures Trading Commission (CFTC) obtained a federal court default judgment Order Adopting the Report and Recommendation (Order) against Defendants The Yorkshire Group, Inc. (Yorkshire) and its principal Scott Platto. The Order stems from a CFTC Complaint, filed on September 25, 2013, that charged the Defendants […]

The post Federal Court Orders Yorkshire Group to Pay More Than $1.56 Million for Illegal Precious Metals Transactions appeared first on CoinWeek.

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Apex Asset Advisors, Bullion & Metals, CFTC, Commodity Exchange Act, Commodity Futures Trading Commission, consumer fraud, Crime and Fraud, Hunter Wise LLC, KB Concepts Group, Kelvin Burgo, News This Month, Precious Metals, Press Release, Press Releases, Recent Articles & Video

CFTC Charges Florida-Based Kelvin Burgos with Illegal, Off-Exchange Precious Metals Transactions

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By Commodity Futures Trading Commission ….   The U.S. Commodity Futures Trading Commission (CFTC) filed a civil injunctive enforcement action in the U.S. District Court for the Southern District of Florida against Florida-based Defendants KB Concepts Group, LLC d/b/a Apex Asset Advisors, LLC (Apex) and Kelvin Burgos, Apex’s president, controlling person, and managing member responsible […]

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Aitan Goelman, Bullion & Metals, CFTC, Commodity Exchange Act, Commodity Futures Trading Commission, Crime and Fraud, Financial Conduct Authority, Loreley Overseas Corporation, National Futures Association, News This Month, Precious Metals, precious metals futures, Press Release, Press Releases, Recent Articles & Video, Robert Escobio, Southern Trust Metals

CFTC Wins Fraud Trial against Florida-Based Precious Metals Trader & His Companies

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Robert Escobio and His Companies are Permanently Banned from Commodity Trading and Registration, and Ordered to Pay Approximately $2.5 Million in Restitution and Penalties By Commodity Futures Trading Commission ….   The U.S. Commodity Futures Trading Commission (CFTC) announced today a victory after trial involving a fraudulent precious metals scheme perpetrated by Robert Escobio of […]

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Bullion & Metals, CFTC, Commodity Exchange Act, Commodity Futures Trading Commission, Crime and Fraud, My Global Leverage, News This Month, Precious Metals, Press Release, Press Releases, Recent Articles & Video, Toney Blondo Eggleston

Federal Court Orders Nevada Precious Metal Trading Company to Pay More than $1.4 Million

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Federal Court in Nevada Orders My Global Leverage, LLC and Toney Blondo Eggleston to Pay More than $1.4 Million in Restitution and a Monetary Penalty for Engaging in Illegal, Off-Exchange Precious Metals Transactions By Commodity Futures Trading Commission ….   The U.S. Commodity Futures Trading Commission (CFTC) announced that Judge Andrew P. Gordon of the […]

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AmeriFirst Management, Bullion & Metals, CFTC, Commodity Exchange Act, Commodity Futures Trading Commission, Crime and Fraud, Dodd Frank, International Monetary Metals, Martin Sommers, News This Month, Press Release, Press Releases, Recent Articles & Video, Worth Group Inc.

International Monetary Metals Ordered to Pay over $9.8 Million for Illegal Precious Metals Transactions

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In CFTC Enforcement Action, Federal Court Orders Florida Resident Martin Sommers and His Company International Monetary Metals, Inc. to Pay over $9.8 Million for Engaging in Illegal, Off-Exchange Precious Metals Transactions and Registration Violations By Commodity Futures Trading Commission ….   On August 12, 2016, the U.S. Commodity Futures Trading Commission (CFTC) announced that Judge […]

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Andrew Wilshire, Bullion & Metals, Commodity Exchange Act, Commodity Futures Trading Commission, Crime and Fraud, Financial Conduct Authority, National Futures Association, Press Releases, Recent Articles & Video, Worth Group Inc.

Worth Group to Pay $2.5 Million in Sanctions for Illegal Precious Metals Scheme

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Defendants Ordered to Comply with the Law of the Eleventh Circuit for all Financed Transactions and Show Delivery of Physical Metal to the Customer or the Customer’s Depository Results within 28 Days By Commodity Futures Trading Commission…. On Thursday, February 4, the U.S. Commodity Futures Trading Commission (CFTC) announced today that the U.S. District Court […]

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Bullion & Metals, Commodity Exchange Act, Commodity Futures Trading Commission, Crime and Fraud, Dodd Frank, Hunter Wise LLC, Oakmont Financial, precious metals futures, Press Release, Press Releases, Recent Articles & Video

Oakmont Financial Charged with Illegal Precious Metals Transactions

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By Commodity Futures Trading Commission….   The U.S. Commodity Futures Trading Commission (CFTC) filed a civil injunctive enforcement action in the U.S. District Court for the Southern District of Florida against Defendants Oakmont Financial, Inc. (Oakmont) of Boynton Beach, Florida, and Joseph Charles DiCrisci of New York, New York, an Oakmont owner and principal. The […]

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AmeriFirst Management LLC, Andrew Kurzbard, Bullion & Metals, Commodity Exchange Act, Commodity Futures Trading Commission, Crime and Fraud, Guardian Asset Group LLC, People, Press Releases, Recent Articles & Video

Guardian Asset Group Charged with Illegal Off-Exchange Precious Metals Transactions

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By Commodity Futures Trading Commission…. On Wednesday, September 30, the U.S. Commodity Futures Trading Commission (CFTC) filed a civil injunctive enforcement action in the U.S. District Court for the Southern District of Florida against Defendants Guardian Asset Group, LLC and its owner and principal, Andrew Kurzbard, both of West Palm Beach, Florida. The CFTC Complaint […]

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