Action against Defendants, a commodity pool operator and its principal, for alleged fraud.  According to the CFTC, Defendants solicited investor funds based on false claims about the pool’s trading profits and size, among other misrepresentations.  The CFTC further alleges that Defendants misappropriated investor funds and made Ponzi-like payments to earlier investors.  Defendants have agreed to pay restitution of $1,232,510.41. Defendant principal has pleaded guilty to fraud charges in a parallel criminal action and has been charged in a parallel SEC action.

E.D.V.A. Consent Order

CFTC Press Release