Operator Fine Commodity Futures Trading Commission (CFTC)· United States · 2026-04-15

CFTC Secures Court Order Requiring Florida Resident to Pay Over $1.3 Million in Disgorgement and Imposes Trading Ban for Commodity Pool Fraud

→ Algo Capital LLC

The U.S. District Court for the Southern District of Florida entered a consent order against John Fortini for retail fraud and related violations, requiring him to pay $1,347,867.56 in disgorgement. The order also imposes permanent trading and registration bans on Fortini.

Amount (EUR)

€123

Original currency

USD 1,347,867.56

Action date

2026-04-15

Authority

Commodity Futures Trading Commission (CFTC)

Country

United States

Primary source:
https://www.cftc.gov/PressRoom/PressReleases/9213-26 ↗

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