CFTC Actions this Week: Throwing the Book at a Ponzi Operator Jan21

Posted by & filed under Commodities, Fraud.

For the second week in a row, the SEC didn’t announce any actions against wrongdoers, but the CFTC was heaping additional sanctions on a convicted fraudster. William S. Evans III of Harrodsville, KY was ordered to return $17 million to investors in his Ponzi scheme, billed as a commodities trading fund

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SEC Actions This Week: CFTC Fells Timber Barons Jan14

Posted by & filed under Commodities, Fraud.

The SEC was a quiet place this week, at least in term of announced enforcement actions. Its derivatives counterpart, the Commodity Futures Trading Commission, picked up the slack and suspended the registration of Ted Brent Alexander of Jackson, Mississippi because of his federal criminal indictment on securities and commodities fraud, conspiracy, and wire fraud

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