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Phillip Ferguson - Ferguson Financial

Name: Phillip L. Ferguson Last Seen: Marion or Summitville, IIndiana in June of 2000 DOB: 02/07/50 Height: 6' 0" Weight: Approximately 200 lbs.

Have You Seen This Man?

On July 11, 2000, the Division of Enforcement for FOREX: The Commodity Futures Trading Commission (CFTC) filed an injunctive action in the U.S. District Court for the Northern District of Indiana, Fort Wayne Division, against Phillip Ferguson d/b/a Ferguson Financial, B&F Trading ("B&F") and First Investor’s Group Inc. ("FIG"), charging him with fraud and registration violations of the Commodity Exchange Act and the CFTC’s regulations. The CFTC complaint charges that Ferguson operated at least two consecutive commodity pools and deposited over $3.8 million into these pools while failing to register with the CFTC as a commodity pool operator. It alleges that Ferguson also issued false "Trade Logs" to at least one FIG pool investor that showed fictitious buys and sells of commodity futures contracts and a false account balance of over $129 million as of March 2000.

On July 20, 2000, the Honorable Judge William C. Lee, United States District Judge for the Northern District of Indiana, Fort Wayne Division, issued a preliminary injunction against Ferguson which, among other things, prohibited the transfer or dissipation of any assets, funds or other property controlled by Ferguson. The Court also appointed R. David Boyer as a receiver to assist in locating and dispensing Ferguson’s assets to investors. Boyer can be contacted at (219) 422-7422.

If you have seen Phillip L. Ferguson, please contact the CFTC at 312-353-7956 or via e-mail.

• Background on CFTC v. PHILLIP FERGUSON.

• The CFTC Complaint, filed July 11, 2000.

• Preliminary Injunction, PDF format.

• Click here to report a sighting of Ferguson.