CFTC Sues Admitted $3.8M Hedge Fund Fraudster

Law360, New York (June 12, 2013, 1:54 PM EDT) -- The U.S. Commodity Futures Trading Commission on Tuesday launched a suit against Hampton Capital Markets LLC managing director Thomas L. Hampton over a $3.8 million commodities fraud scheme, after he pled guilty in April to related criminal charges.

Hampton pled guilty April 19 to a single count of securities fraud in New York federal court and faces up to 10 years in prison at his sentencing in September. Prosecutors say Hampton, whose firm dealt in so-called exchange-traded funds, told investors that the Arizona-based company was making...
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Case Information

Case Title

United States Commodity Futures Trading Commission v. Hampton


Case Number

2:13-cv-01173

Court

Arizona

Nature of Suit

Other Statutes: Securities/Commodities

Judge

H Russel Holland

Date Filed

June 11, 2013

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