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United States Commodity Futures Trading Commission v. Hunter Wise Commodities LLC et al

  1. July 23, 2015

    Hunter Wise Receiver Strikes Deal With Attys Over Scheme

    The court-appointed receiver for Hunter Wise Commodities LLC on Thursday asked a Florida federal judge to sign off on a settlement ending claims that the firm's outside counsel failed to properly advise Hunter Wise on the legal risks of its $46 million precious metals investment scam.

  2. May 16, 2014

    Hunter Wise, Execs Hit With $55M Fine For Metals Scheme

    A Florida federal judge on Friday ordered Hunter Wise Commodities LLC and two of its former executives to pay more than $55 million in civil penalties and barred the parties from commodities markets for allegedly running a precious metals investment scam.

  3. February 26, 2014

    Fla. Commodities Fraudster Fined $1.1M, Barred From Trading

    A Florida federal court on Wednesday entered a permanent injunction and levied combined penalties of over $1.1 million against a telemarketing firm the U.S. Commodity Futures Trading Commission accused of helping commodity traders mislead their customers.

  4. February 06, 2014

    Commodities Cos. Ordered To Pay $5M Over Gold Scheme

    A Florida federal judge on Wednesday issued a permanent injunction ordering Lloyds Commodities LLC, two of its units and its co-owners to pay more than $5 million combined to settle claims by the U.S. Commodities Futures Trading Commission that it took part in a large commodity transactions scheme. 

  5. August 12, 2013

    Hunter Wise Execs Can't Halt CFTC's Trading Scheme Suit

    Two Hunter Wise Commodities LLC executives on Friday lost their bid to stay the U.S. Commodity Futures Trading Commission's suit over an alleged $46 million commodity trading scheme while they appeal the agency's jurisdiction, as a Florida federal judge found the interlocutory action shows no likelihood of success.

  6. July 26, 2013

    CFTC Moves To Boot Execs' Atty In Suit Over $46M Scheme

    The U.S. Commodity Futures Trading Commission asked a Florida federal court Friday to disqualify the attorney for two Hunter Wise Commodities LLC executives in a lawsuit over an alleged $46 million commodity trading scheme, saying he is likely to be called as a witness at trial.

  7. December 06, 2012

    CFTC Sues Hunter Wise Over $46M Commodity Trading Scheme

    Hunter Wise Commodities LLC was hit with a lawsuit Wednesday by the U.S. Commodity Futures Trading Commission, accusing the Las Vegas-based commodity trading and financing firm of taking in some $46 million in funds since July 2011 from retail customers for allegedly illicit commodity transactions.