Tag: Texas
Bryan Fernando Guillen, Alien Smuggling, Texas 2024
El Paso Smuggling Ring Busted In a shocking revelation, 215 new federal immigration cases were filed in the Western District of Texas from May 1 to May 7. U.S. Attorney Justin R. Simmons led the charge against human smugglers and illegal aliens with past convictions for numerous DWIs, violent crime, drug trafficking, theft, and multiple…
Julian Hernandez, Human Smuggling, Texas 2022
⏱ 2 min read A human smuggler was caught in El Paso with four illegal aliens in his vehicle, and federal prosecutors have filed 253 new immigration cases in Western Texas. U.S. citizen Julian Hernandez allegedly attempted to transport the four aliens to a stash house for a $200 per person fee, according to a…
Merrill Lynch Commodities, Position Limit Violations, Texas 2024
HOUSTON, TX – September 25, 2024 – Merrill Lynch Commodities, Inc. (MLCI) has been ordered to pay $1.5 million and implement stricter compliance measures after being charged by the Commodity Futures Trading Commission (CFTC) with exceeding federal and exchange position limits for natural gas futures contracts. The charges stem from violations that occurred in March…
Michel Geurkink, Forex Fraud, Texas 2016
WASHINGTON, D.C. – Michel Geurkink, a citizen of the Netherlands, is facing significant penalties following a CFTC enforcement action for his involvement in a fraudulent foreign currency (forex) trading scheme. The U.S. Commodity Futures Trading Commission obtained a Consent Order against Geurkink, along with IB Capital FX, LLC and Emad Echadi, requiring them to jointly…
Anuj C. Singhal, Spoofing, Texas 2018
WASHINGTON D.C. – Anuj C. Singhal, a resident of Dallas, Texas, has been charged with spoofing in the Chicago Mercantile Exchange (CME) wheat futures market, the Commodity Futures Trading Commission (CFTC) announced on April 9, 2018. Singhal, a registered floor broker, allegedly engaged in the illegal practice of spoofing – placing bids or offers with…
Morgan Hunt, Fraud, Texas 2018
WASHINGTON, D.C. – Morgan Hunt and Kim Hecroft are facing federal charges following a Commodity Futures Trading Commission (CFTC) investigation into a fraudulent solicitation scheme, announced September 28, 2018. The CFTC filed a complaint in the U.S. District Court for the Northern District of Texas alleging that Hunt, purportedly of Arlington, Texas, and Hecroft, purportedly…
Lucas Asher, Fraud, Texas 2020
Dallas, TX – September 25, 2020 – Lucas Asher, also known as Lucas Thomas Erb and Luke Asher, faces charges of fraud in connection with a $185 million scheme targeting elderly investors nationwide. The Commodity Futures Trading Commission (CFTC) and 30 state regulators filed a joint civil enforcement action in the U.S. District Court for…
Rudy Avila, Fraud, Texas 2021
Dallas, TX – September 14, 2021 – Rudy Avila has been charged with multiple counts of fraud by the Commodity Futures Trading Commission (CFTC) in the U.S. District Court for the Northern District of Texas. The complaint alleges Avila, along with six companies, engaged in fraudulent solicitation of funds for commodity futures, options, and retail…
Abner Tinoco, Fraud, Texas 2021
EL PASO, TX – October 20, 2021 – Abner Alejandro Tinoco is facing charges of fraud and misappropriation of funds following a civil enforcement action filed by the Commodity Futures Trading Commission (CFTC) in the Western District of Texas. The CFTC alleges Tinoco, along with his company Kikit & Mess Investments, LLC, defrauded over 61…
Peter Miller, Insider Trading, Texas 2021
HOUSTON, TX – December 10, 2021 – The Commodity Futures Trading Commission (CFTC) has filed a civil enforcement action against Peter Miller, a resident of San Juan, Puerto Rico, alleging insider trading in natural gas futures contracts. The case, filed in the U.S. District Court for the Southern District of Texas, details a scheme spanning…
