CFTCCases Over Commodity Pool Fraud, Misappropriation, and Illegal Wash Sales Lead to Civil Penalties and Other Consequences

Illegal Wash Sales Charges Result in $5M Penalty
The US Commodity Futures Trading Commission recently announced that it has reached a settlement with Rosenthal Collins Capital Markets LLC, now named DV Trading LLC (RCCM), forillegal wash salesthat were conducted to create rebates of exchange fees determined by growing trading volumes. As part of the settlement, the trading company will pay a $5M penalty and must cease and desist from the violations charged.

根据监管机构的命令，从2013年初到2015年7月，Rosenthal Collins Capital Markets的专有交易员以多种WASH交易策略进行了通过Eurodollar Pack和Bundle Bundle Mchopher Makermaker计划产生回扣。芝加哥商业交易所提供了该计划，该计划允许回扣作为信用费，以履行某些引用义务。

但是，根据该命令，在2013年初，为了使足够的回扣，一家公司的交易员能够规避Rosenthal Collins Capital Market Market自己的Wash Blosging系统，以便他可以对自己进行交易并与实际市场条件分开赚钱。他一直这样做直到被抓住。几个月后，该公司的两名交易员CFTC进行了长时间的贸易，再次赚钱。这涉及买卖彼此。

此后不久，罗森塔尔·柯林斯资本市场（Rosenthal Collins Capital Markets）的另一个交易员名为布兰登·埃尔萨瑟（Brandon Elsasser），使用了CME的隐含匹配引擎来出售和购买合同。这使得能够在有资格获得回扣的产品的同时避免被抓住的产品中与自己进行交易。CFTC对Elsasser提出了单独的命令，指责他参与虚拟的交易策略以赚钱。

$1.5M Commodity Pool Fraud Charges Brought Against Owner of GDLogic
In another CFTC case, the regulator has brought an enforcement action against Daniel Winston LaMarco and his GDLogix Inc. It is accusing them ofcommodity pool fraudand off-exchange foreign currency derivatives fraud.

The CFTC’s Oder accuses LaMarco of soliciting and accepting nearly $1.5M from 13 individuals under fraudulent conditions. The money was supposed to “trade off-exchange leveraged or margined retail derivatives forex contracts” in a commodity pool that LaMarco and his company ran. According to the regulator, he falsely represented to them not just his track record of success in forex trading but also the risks involved in his investment strategy.

CFTC声称他所做的所有陈述都是虚假的，他隐藏了欺诈，并通过每月捏造的陈述，包括有关商品交易池的损失，利润以及每个参与者各自的净余额的不准确信息。他将一些投资者的资金用于自己的费用。

The CFTC said that Marco lost almost all of participants’ money by trading unsuccessfully and diverted over $630K to some participants as supposed “profits” in a Ponzi-like scam. Many of the pool participants were his own friends and family.

Earlier this year, LaMarco pleaded guilty to related criminal charges of wire fraud and商品欺诈并将亲自服务42个月。在这种情况下，他必须支付872,600美元的赔偿。

联邦法院的赔偿金超过240万美元和商品池欺诈的罚款
在另一个商品池欺诈中，CFTC默认情况下针对Lindsey Heim，Anthony Klatch II及其Assurance Capital Management LLC作出了最终判决。CTFC说，他们使游泳池参与者吵了，挪用了他们的钱。

克拉奇和海姆被指控建立ACM以欺诈性地市场保证资本管理，以便不正确地征集潜在的商品池投资者。他们两个人和公司必须支付超过45.9万美元的赔偿金，罚款超过150万美元。克拉奇还必须为另外两个欺诈骗局支付近9.7万美元的赔偿金，罚款超过33.5万美元。海姆（Heim）和ACM被永久禁止交易，克莱奇（Klatch）在他以前经营的庞氏骗局上也是如此。在这种情况下，他被命令支付约1290万美元的赔偿金。

4月，克拉奇（Klatch）在相关刑事案件中对电汇欺诈表示认罪。在相关刑事案件中，在海姆（Heim）对妨碍司法的认罪之前的一个月。

如果您怀疑您的投资损失可能是由于bob200体育证券欺诈，，，，contact the SSEK Partners Group today.

非法洗涤销售案件中的CTC订单(PDF)

GD逻辑案例中的CFTC投诉(PDF)

Federal Court in Florida Orders Anthony J. Klatch II, Lindsey Heim, and their Company Assurance Capital Management, LLC to Pay More than $2.4 Million in Restitution and Civil Monetary Penalties for Commodity Pool Fraud and Misappropriation，，，，CFTC，，，，July 11, 2017