Action against Defendants, a husband, wife, and their futures trading company, for alleged misappropriation and fraud. According to the CFTC, Defendants solicited investor funds based on misrepresentations about the amount of money they managed, prior investment success, the structure of trading fees, and Defendant husband’s prior fraud conviction. The CFTC also alleges that Defendants misappropriated investor funds for personal expenses. The court entered a default judgment requiring Defendants to pay, jointly and severally, restitution of over $1.2 million. Defendant husband and wife have pleaded guilty in a parallel criminal case in the Western District of Washington.