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Married Realtors Ordered to Pay $7M Over Fraudulent Commodity Pool

Michael and Amanda Griffis face a nearly $7 million penalty for running a fraudulent commodity investment scheme, according to the CFTC.

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Terms & Concepts
  • Commodity Pool: An investment fund that combines money from multiple participants to trade commodities or futures contracts collectively.
  • CFTC: The U.S. Commodity Futures Trading Commission, a federal agency that regulates the derivatives markets, including futures, options, and swaps.