Federal Court Orders Former New York City Resident to Pay Over $2.6 Million in Monetary Sanctions for Fraudulent Solicitation and Misappropriation in a Commodity Pool Scheme
November 07, 2023
November 07, 2023
WASHINGTON, Nov. 7 -- The Commodity Futures Trading Commission issued the following enforcement news release on Nov. 6, 2023:
The Commodity Futures Trading Commission today announced the U.S. District Court for the Eastern District of New York entered an order of final judgment against Mark A. Ramkishun, a former resident of Brooklyn, New York. The order resolves the CFTC's January 9 lawsuit against Ramkishun and finds him liable for fraudulently soliciting investments in a purporte . . .
The Commodity Futures Trading Commission today announced the U.S. District Court for the Eastern District of New York entered an order of final judgment against Mark A. Ramkishun, a former resident of Brooklyn, New York. The order resolves the CFTC's January 9 lawsuit against Ramkishun and finds him liable for fraudulently soliciting investments in a purporte . . .