Violation Tracker Individual Record

Company: 
Billionaire Investor Group, The Toole Group Inc., and?Catalyst Traders LLC
Penalty: 
$493,141
Year: 
2017
Date: 
July 20, 2017
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Secondary Offense: 
securities issuance or trading violation
Violation Description: 

The U.S. Commodity Futures Trading Commission (CFTC) announced the settling of charges against Respondents Arthur Toole IIIof Atlanta, Georgia, and his companies, Billionaire Investor Group, a Texas limited liability company, The Toole Group Inc., a Texas corporation, and Catalyst Traders LLC), a Georgia limited liability company, for misappropriating commodity pool funds, fraudulent misrepresentations, commingling pool funds, and acting as an unregistered commodity pool operator.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Commodity Futures Trading Commission
Civil or Criminal Case: 
civil
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.