Grace Reisinger and ROF Consulting ordered to pay more than $2 million

Reason:
Grace Elizabeth Reisinger of Grand Island, Nebraska and her company ROF Consulting, LLC (ROF) for operating a fraudulent commodity pool scheme.
Content of Penalty:

The Order, entered on October 4, 2017, requires Reisinger to pay restitution of $497,893.88 to defrauded pool participants and to disgorge $153,355.04.  The Order requires ROF to disgorge $344,108.30. The Order also imposes a total of $1,105,917.02 in civil monetary penalties against Reisinger and ROF and permanently bars Reisinger from registering with the CFTC, and from trading in any commodity interest.

Date: 10/10/2017
Amount: 2000000
Link: https://www.leaprate.com/financial-services/fines/grace-reisinger-rof-consulting-hit-2-million-judgment-commodities-fraud/

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