Commodity Futures Trading Commission

US regulator accuses RBC of failing to produce key witness in fraud lawsuit

January 8, 2014

Royal Bank of Canada has been accused by the United States Commodity Futures Trading Commission of failing to produce a key witness - senior officer Richard Chase - to an alleged fraud by the bank involving its operations in several jurisdictions, including the Bahamas and Cayman Islands.

CFTC v. Royal Bank of Canada: Amended Complaint

October 17, 2012

Amended Complaint in U.S. Commodity Futures Trading Commission v. Royal Bank of Canada at the U. S. District Court for the Southern District of New York.

Royal Bank of Canada used Cayman and Bahamas branches for ‘massive fraud’, claims U. S. regulator

April 3, 2012

The Cayman Islands and Bahamas branches of Royal Bank of Canada were used by RBC to commit a "multi-hundred million dollar" fraud, according to the U. S. Commodity Futures Trading Commission. The alleged mastermind was not named in the CFTC's complaint but it seems to be Richard Tavoso, RBC's Head of Global Arbitrage and Trading.

SEC, CFTC & IRS Whistleblowing Chiefs to speak at OffshoreAlert Conference

February 19, 2012

For the first time in one public forum, the chiefs of the SEC, CFTC and IRS whistleblower offices will discuss Whistleblowing as a tool to fight financial crime at The 10th Annual OffshoreAlert Conference. Sean McKessy (SEC), Vince Martinez (CFTC),

USA v. Philip Baker: Criminal Indictment

February 25, 2009

Indictment of Philip Baker for alleged investment fraud involving the Lake Shore Group of Companies.

CFTC v. Sterling forex LLC et al: Judgment

June 25, 2004

Order granting CFTC's Motion for Summary Judgment and awarding damages of $6.7 million in Commodity Futures Trading Commission v. Sterling forex LLC and Maurice L. Mills at the U. S. District Court for the Western District of Washington.

CFTC v. Sterling forex LLC et al: CFTC’s Summary Judgment Motion

March 19, 2004

CFTC's Motion for Summary Judgment in Commodity Futures Trading Commission v. Sterling forex LLC and Maurice L. Mills at the U. S. District Court for the Western District of Washington.

CFTC v. Sterling forex LLC et al: Complaint

October 3, 2002

Complaint alleging fraud in Commodity Futures Trading Commission v. Sterling forex LLC and Maurice L. Mills at the U. S. District Court for the Western District of Washington.