Who regulators acted against
Every enforcement action against trading fraud and misconduct that we cover, in one place: charges, court judgments, settlements, fines, bans and sanctions, in stocks, crypto, futures and options, commodities, metals and forex. Each entry comes from the regulator's own announcement and links to it. Charges are allegations until a court or regulator decides them.
- Actions tracked
- 15
- Alleged
- 4
- Resolved
- 9
- In force
- 2
- Regulators
- 5
Showing all 15 actions, since 17 Sept 2026.
- FCA
Jeffrey Dawkins and Kadir Kanizi
The FCA banned Vector Wealth's former chief executive for dishonestly fronting for a disqualified director who used the firm to sell mini-bonds, and banned a former senior manager from senior management roles.
Fine of nearly £270,000 (Dawkins); £20,000 penalty (Kanizi), not enforced if paid to Vector Wealth's liquidators; investor losses expected at about £4 million
- CFTC
Michael B. DePetrillo, Meteor LLC and NOLA FX Capital Management LLC
A Louisiana federal court entered a default judgment finding the defendants ran a fraudulent retail forex scheme, with permanent trading and registration bans.
$9,211,492 civil monetary penalty; more than $3 million misappropriated from participants
- SEC
Benjamin Conde
The SEC filed a consented proposed final judgment, including a penny stock bar, over an alleged 2017 scheme to manipulate Renewable Energy and Power shares.
$1,097,800 disgorgement plus $1,681,021.69 prejudgment interest, deemed satisfied by criminal orders (proposed)
- SEC
Siddhi Patel, as Administrator of the Estate of Chirayu Vijay Patel
The SEC filed settled charges against the estate of a fund manager it alleges misled more than 40 investors, made Ponzi-like payments and lost over $7 million trading.
$1,204,597.77 disgorgement plus $198,497.46 prejudgment interest (proposed); about $10 million pooled from investors (alleged)
- CFTC
Eddy Alexandre and EminiFX Inc.
A New York federal court granted the CFTC summary judgment against EminiFX and its founder, finding that the crypto and forex investment club was a Ponzi scheme.
$228,576,962 restitution, $45,148,500 civil monetary penalty and $15,049,500 disgorgement (offset by restitution paid)
- CySEC
Titanedge Securities Ltd
CySEC fined the Cyprus Investment Firm for misleading client information, giving investment advice without authorisation and lacking adequate compliance procedures in 2023 and 2024.
€100,000 total administrative fine (€40,000, €30,000 and €30,000)
- SEC
William Sarris and Joseph Endoso, former Linqto executives
The SEC alleges the two misled retail investors who bought pre-IPO special purpose vehicles through Linqto's online platform.
Over $430 million of pre-IPO investment vehicles sold, 2021 to 2024 (alleged)
- SEC
Francis Biller, Chester Alvarez, Troy Gran-Brooks, Justin Plaizier and Raymond Dove
Final judgments and penny stock bars against five defendants in an alleged microcap boiler-room scheme.
More than $58 million in trading proceeds (alleged); orders include $8,392,982 against Biller and $2,923,446 plus a $1,655,157 penalty against Dove
- SEC
Christopher Kenji Dinelli and Jacob David Frankel
The SEC alleges the pair claimed returns of up to 153% for an options trading fund aimed at veterans that kept losing money, and misappropriated investor funds.
More than $8.7 million raised from 35 investors
- CFTC
Fundsz promoters Brian Early and Alisha Ann Kingrey; consent orders against Rene Larralde's estate and Juan Pablo Valcarce
A Florida federal court resolved the CFTC's remaining claims over Fundsz, a scheme that took money for digital assets and precious metals trading.
$15,732,455 restitution and a $15,752,455 civil monetary penalty against Early and Kingrey
- SEC
BitConnect promoters Michael Noble, Craig Grant and Trevon Brown
A New York federal court ordered three BitConnect promoters to pay disgorgement, interest and civil penalties.
Largest single order: $2,680,732.84 (Craig Grant)
- SEC
Cryptoaiml and TSAI entities (four entities)
The SEC alleges fake trading platforms, bogus AI signals and bots, and forged SEC filings were used to take money from hundreds of retail investors through WhatsApp and other platforms.
More than $12.5 million (Cryptoaiml) and $2.8 million (TSAI) allegedly misappropriated
- FCA
Raymondip Bedi and Patrick Mavanga
Southwark Crown Court ordered two men convicted over a crypto investment fraud to pay; the FCA says the money will go back to victims.
£603,404.28 (Bedi) and £247,997.99 (Mavanga); investor losses of £1,541,799
- CFTC
Cash FX Group S.A., its CEO Huascar Jose Lopez Castillo, and three others
The CFTC alleges a multilevel-marketing forex pool promised up to 15% a week from expert, algorithmic and AI trading.
Over $950 million solicited; participant losses of at least $406 million (alleged)
- OFAC
BitBank, its developer Pishtaz Simorgh Electronic Trade Company, and three associates of Babak Zanjani
OFAC sanctioned an Iranian crypto exchange it says moved hundreds of millions of dollars in Bitcoin to the IRGC.
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Updated with every enforcement brief from our news desk. Download the data: JSON · CSV. Spotted an error or a missing action? Email editor@globaltradingoutlook.com.
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