December 2, 2015

The CFTC settled charges against Arya Motazedi of Miami, Florida, for engaging in fraudulent transactions in the New York Mercantile Exchange’s RBOB Gasoline Physical futures contract and CL Light Sweet Crude Oil futures contract; Motazedi will pay a civil monetary penalty of $100,000 and restitution in the amount of $216,955.  CFTC

Tagged in: Fraud in CFTC-Regulated Markets,