February 1, 2017

Joseph Charles DiCrisci and Oakmont Financial Inc. were ordered to pay more than $2.9 million in disgorgement and a civil monetary penalty by the U.S. District Court for the Southern District of Florida for engaging in illegal, off-exchange precious metals transactions. The court ordered a payment of $735,329 in disgorgement and over $2.2 million in a civil monetary penalty. CFTC

Tagged in: Fraud in CFTC-Regulated Markets, Regulatory Violations,