Federal Court Orders Nearly $17.5 Million in Sanctions against Naples, Florida Resident Dorian Garcia and his Companies for Solicitation Fraud, Misappropriation, and Registration Violations in Operating a Ponzi Scheme

The U.S. Commodity Futures Trading Commission (CFTC) announced that the U.S. District Court for the Middle District of Florida entered a final Judgment on June 28, 2016, requiring Defendants Dorian Garcia and his companies jointly to pay restitution totaling $5,051,052 to defrauded investors victimized in a Ponzi scheme they operated from 2010 to 2015.