The Commodity Futures Trading Commission filed an enforcement action against Fan Wang (aka Alex Wang), in a federal court in New York City, claiming that he made “multiple” manual false entries in his employer’s computerized trading records in order to disguise the status of 587 New York Mercantile Exchange crude oil futures contracts he purchased on November 16, 2011. The CFTC seeks an injunction against Mr. Wang, as well as a fine and restitution, among other sanctions. Previously, Mr. Wang pleaded guilty to making a false report related to substantially the same facts, and was subsequently sentenced to three months imprisonment and ordered to make restitution of $2.2 million to his former employer, Bluefin Energy LLC. (Click here to access the Sealed Complaint filed against Mr. Wang by the US Attorneys Office for the Southern District of NY.)