Isaiah Goldman, Brock Catronio Illegal Commodity Transactions

investment fraud attorneysIsaiah Goldman and Brock Catronio Allegedly Solicited, Accepting Orders for, and Dealt in Illegal, Off-exchange Retail Commodity Transactions

Isaiah Goldman, of Boca Raton, Florida and former owner of both Paramount Metals and Paramount Credit, and Brock Catronio, of Delray Beach, Florida and former owner of Paramount Metals and Paramount Credit conducted business in the U.S. for the alleged purpose of soliciting, accepting orders for, and dealing in illegal, off-exchange retail commodity transactions, according to the U.S. Commodity Futures Trading Commission (CFTC) documents currently under review by attorneys Joe Peiffer and Alan Rosca.

The CFTC further alleges that, from December 2011 through February 2013, the transactions were financed precious metals transactions with individual retail investors, and that by allegedly defrauding customers by representing to them that they were purchasing physical metals and that they were making cash purchases when, in fact, their purchases were leveraged transactions with an undisclosed third-party (Hunter Wise).

The Peiffer Rosca Wolf investment recovery lawyers are currently investigating Isaiah Goldman and Brock Catronio for their alleged commodities transaction violations.

Goldman and Catronio Allegedly Violated Sections of the Commodity Exchange Act

In addition, Goldman and Catronio falsely claimed to “ship” or “receive” metals following each trade in “Transfer of Commodity” notices, when in reality, no physical metals were being shipped or received, according to CFTC documents under review by attorneys Joe Peiffer and Alan Rosca.

Finally, Goldman and Catronio allegedly solicited and accepted orders from individual investors who collectively lost the sum of $1,595,946 in connection with these transactions. The CFTC alleges that Goldman and Catronio are directly liable for the aforementioned violations of the Commodity Exchange Act, and are also liable as the controlling persons of Paramount.

Investment Recovery Lawyers Investigating

The Peiffer Rosca Wolf investment recovery attorneys often represent investors who lose money as a result of investment misconduct and commodity trading violations, and are currently investigating Isaiah Goldman and Brock Catronio and their alleged commodities trading violations. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Any investors who believe they lost money as a result of the alleged commodities trading violations  committed by Isaiah Goldman and Brock Catronio may contact the investment rights attorneys at Peiffer Rosca Wolf, Alan Rosca or Joe Peiffer, for a free, no-obligation evaluation of their recovery options, at 888-998-0520.

Broker: Isaiah Goldman

Status: INVESTIGATED by Peiffer Rosca.

For brokercheck report and additional info click here!

Broker: Brock Catronio

Status: INVESTIGATED by Peiffer Rosca.

For brokercheck report and additional info click here!

Alan Rosca (1180 Posts)

Alan is a securities lawyer. He also teaches Securities Regulation at the Cleveland-Marshall College of Law. He focuses his legal practice on complex commercial and financial litigation and arbitration, particularly in the areas of securities and investment fraud. His office is in Cleveland, Ohio.


In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow cases about which we report, and/or to publish subsequent blogs regarding various developments that may occur in such cases. Readers are encouraged to conduct their own research regarding any such cases and any developments that may or may not have occurred in such cases.