John Fortini settles The Traders Domain fraud for $1.3 mill
John Fortini has settled The Traders Domain fraud charges brought by the CFTC for $1.3 million.
Fortini was Vice President of Algo FX Capital Advisor LLC. Through Algo FX Capital Advisor LLC, Fortini laundered funds invested into The Traders Domain.
The Traders Domain was a trading ruse Ponzi scheme run by Ted Safranko (right).
The CFTC filed suit against Fortini, Safranko and other The Traders Domain scammers in October 2024.
Per Fortini’s April 9th Proposed Consent Order, specific civil fraud charges the CFTC filed against Fortini are:
- Fraud in Connection with Leveraged or Margined Retail COmmodity Transactions; and
- Fraud and Deceit by an AP of CPOs.
In addition to having to pay $1.347.867.56 in disgorgement, the CFTC also secured an injunction against Fortini.
The injunction essentially prohibits Fortini from having anything to do with trading and commodity interests.
Fortini’s disgorgement resolves his clawback lawsuit, filed by the The Traders Domain Receiver in October 2025.
Finally, Fortini is also required to cooperate with the CFTC with respect to its The Traders Domain case. This includes and any all related litigation.
Fortini’s The Traders Domain settlement with the CFTC received court approval on April 10th.
While The Traders Domain itself wasn’t an MLM company, BehindMLM’s interest in proceedings stems from the belief OmegaPro investor funds were funneled into it.
Based on indictments filed against Safranko’s coconspirators, it’s suspected Safranko has been indicted under seal. At time of publication though Safranko, a Canadian national, remains at large.
It would be interesting to know if any portion of his deal can be voided if he fails to cooperate fully.
Looks to me like Johnny took something of a sweetheart deal in exchange for testifying against his former compatriots.
Watch out Teddy.
If he’s in Canada they would be tracing him. Highly likely he has left Florida and gone overseas. Canada / US / Australia / NZ / Britain likely would have already flagged his passport.
Could be he made the agreements all via email or through counsel and they accepted them but he’s probably beyond reach.
@GlimDropper… no… this is standard language in i believe all settlement agreements and there really isn’t much he can do whether he cooperates or doesn’t.
Sounds like to me this is simply a money in vs money out deal and if you read the complaint, he’s low on the totem pole for the CFTC to waste time on, they’re more focused on the principals of the companies like Alex Santi etc.
@Mike from my quick searches Fortini is still active in Florida… why would he have fled to make this deal? its a civil case.
The only defendants that didn’t make an appearance and fled are Ted, Dave and Juan, who have all been defaulted by the court already.