US CFTC secures order for ex-New York resident to pay $288 million

Monday, October 19, 2026 at 2:11 PM

WASHINGTON, Oct 19 (Reuters) – The US Commodity Futures Trading Commission said on Monday it secured court orders requiring a former New York resident and his firm to pay more than $288 million for operating a commodity pool Ponzi scheme.

(Reporting by Daphne Psaledakis and Bhargav Acharya;Editing by David Ljunggren)


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