ERC721

Washington, DC – The U.S. Commodity Futures Trading Commission (CFTC) today announced that on May 16, 2014, a federal court in Florida entered an Order finding in the CFTC’s favor following a trial against four Hunter Wise related companies and their owners on charges that they had fraudulently misrepresented the nature of precious metals transactions that resulted in millions of dollars in customer losses. Hunter Wise Commodities, LLC, Hunter Wise Services, LLC, Hunter Wise Credit, LLC, and Hunter Wise Trading, LLC and the individuals running the companies, Fred Jager and Harold Edward Martin, Jr., have been ordered to pay, jointly and severally, $52.6 million in restitution to the defrauded customers, and to pay a civil monetary penalty, jointly and severally, of $55.4 million, the maximum provided by law.

Name

1023

Owner

0xfB4c65F1Dd92Ae419F8D52E0Ed3d94775476b900

ID#1023

Rarity

X-HI:10%

Parent Company

Hunter Wise Commodities

EX:MAX

Company

Hunter Wise

EX:MAX

Violation

Defrauding Investors

HI:19%

Penalty

$108,000,000.00

EX:MAX

Year

2014