Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2014
Finding that thousands of retail customers were defrauded
A federal court found Hunter Wise Commodities, three related companies, and two executives liable for defrauding thousands of retail customers. The court ordered $52.6 million in restitution and $55.4 million in civil penalties.
2012
CFTC allegations of unlawful commodities activity
The Commodity Futures Trading Commission alleged that Hunter Wise Commodities and related parties engaged in unlawful activities involving commodities transactions. Hunter Wise denied the allegations and argued that the regulator had exceeded its jurisdiction.