You are subscribed to Enforcement Press Releases for CFTC.gov. This information has recently been updated, and is now available. Federal Court Orders Oregon Man to Pay Over $209 Million in Monetary Sanctions for Commodity Pool Ponzi SchemesCFTC Also Recovers $18 Million Stolen from Court-Appointed Receiver The Commodity Futures Trading Commission today announced Judge Mary Rowland of the U.S. District Court for the Northern District of Illinois entered an order of final judgment against Sam Ikkurty of Oregon and Jafia, LLC, Ikkurty Capital, LLC d/b/a Rose City Income Fund I LP, Rose City Income Fund II, and Seneca Ventures, LLC imposing a judgment totaling $209,614,892. Order: Jafia LLC, Sam Ikkurty A/K/A Sreenivas I Rao, And Ravishankar Avadhanam View the press release in full. Released: 09/03/2024  | 
