CFTC secures summary judgment against Infinity Q founder
The order imposes a $2.2 million civil monetary penalty and permanently enjoins Velissaris from engaging in further violations of the CEA.
James R. Velissaris
CFTC asks Court to impose $66M fine on Infinity Q founder
The Commodity Futures Trading Commission (CFTC) is pushing for heavy penalties to be imposed on James Robert Velissaris.
CFTC action against Infinity Q founder remains stayed
The CFTC and Infinity Q founder James Velissaris agree that this case should remain stayed in its entirety.
DOJ secures stay of CFTC action against Infinity Q founder
The Court has granted the DOJ’s request to intervene and stay the CFTC action against Infinity Q founder James Velissaris.
DOJ seeks to stay CFTC action against Infinity Q founder
James Velissaris engaged in scheme to defraud investors in two investment funds managed by Infinity Q Capital Management LLC.
CFTC, SEC go after Infinity Q founder for $1bn overvaluation of investment funds
The CFTC and the SEC file charges against Infinity Q founder James R. Velissaris for overvaluing investment funds by $1 billion.
