CFTC Orders Atlanta Resident Arthur Toole III and His Companies to Pay Restitution and Penalties Totaling More than $493,000 for Commodity Pool Fraud

The U.S. Commodity Futures Trading Commission (CFTC) settled charges against Arthur Toole III of Atlanta, Georgia, and his companies, Billionaire Investor Group, a Texas limited liability company, The Toole Group Inc., a Texas corporation, and Catalyst Traders LLC, a Georgia limited liability company, for misappropriating commodity pool funds, fraudulent misrepresentations, commingling pool funds, and acting as an unregistered commodity pool operator.