CFTC Targets Young Pros Investment Group in One Million Dollar Futures Fraud Case

A federal complaint has put Brian Mitchell, Kevin Mack Jr, and their company Young Pros Investment Group in the center of a sweeping CFTC action that paints a troubling picture of deception, unregistered trading, and repeated violations of the Commodity Exchange Act. Regulators say the operation drew in about one million dollars from roughly thirty three participants who were promised skilled futures trading, protection from losses, and a confident path to profit.

Investigators describe an environment where glowing claims about trading success masked a pool that was losing money almost every month. Participants were sent account updates that looked healthy on paper, yet regulators now allege those documents were fabricated. Some payouts were funded not by trading gains but by money from new participants, a cycle that created the appearance of growth while concealing the extent of the losses.

The complaint also highlights structural failures that go beyond poor performance. Young Pros Investment Group never registered as a commodity pool and operated outside every regulatory safeguard designed to protect investors. Participant funds were commingled with company money, the pool was not separated as a legal entity, and neither Mitchell nor Mack ever registered as associated persons. These gaps allowed the operation to run without oversight, without disclosure, and without the accountability expected under CFTC regulations.

One detail adds significant weight to the enforcement action. Mitchell had already been subject to a CFTC order in 2021 for providing commodity trading advice without registration. That order barred him from activities requiring CFTC registration for three years. Despite this prohibition, regulators say he continued to solicit funds, direct trading, and act as a central figure in the pool through 2022. For enforcement officials, this alleged disregard for an existing order is a critical element and signals a direct challenge to the regulatory framework.

The CFTC is seeking restitution, disgorgement, civil penalties, and permanent bans that would block the defendants from trading or registering in the future. Federal and state authorities in Maryland and Michigan, along with the FBI, contributed to the case as regulators continue tightening scrutiny on unregistered commodity pools that rely on exaggerated claims and undisclosed risks to attract participants。