CFTC Charges Three Men And Their Florida-Based Berkley Companies With $2.7 Million Precious Metals And Rare Diamonds Fraud - Massachusetts Resident Jeffrey Slemmer, Florida Residents Christian Dorrian And Adam Roth, And Their Florida-Based Companies Charged With Fraud, Engaging In Illegal, Off-Exchange Precious Metals Transactions, And Registration Violations

The U.S. Commodity Futures Trading Commission (CFTC) today announced that on May 31, 2016, it filed a civil enforcement action in the U.S. District Court for the Southern District of Florida charging defendants Jeffrey Slemmer of Acton, Massachusetts, Christian Dorrian of Boynton Beach, Florida, and Adam Roth of Boca Raton, Florida, and their respective Florida companies Slemmer Enterprises LLC, Dorrian Enterprises, LLC, and Roth Investment Group LLC with fraud, engaging in illegal, off-exchange transactions in precious metals, and acting as futures commission merchants without registering as such with the CFTC, as required. As alleged in the Complaint, the defendants executed their unlawful scheme using the business names Berkley Hard Asset Group, Berkley Hard Assets, and Berkley Rare Diamonds.