commodity trading fraud

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Chicago Man Charged With Commodity Trading Fraud

Chicago, IL – The U.S. Commodity Futures Trading Commission (CFTC) filed a complaint against a Chicago man, Christopher Varlesi, for operating a fraudulent commodity pool that traded commodity futures and foreign currency contracts.  Other charges leveled by the CFTC were misrepresentations to investors, not registering as a commodity pool operator and misappropriating investors’ funds. The […]

CEDAR RAPIDS, IA – Iowa-based Jeffrey J. Kinseth, and his company, Virtual Vision Inc. were ordered by the U.S. Commodity Futures Trading Commission (CFTC) to pay a civil monetary penalty of $575,000 and restitution of $574,936 for illegally soliciting participants in a pooled investment vehicle, misappropriation of their funds and issuing bogus statements to cover […]

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