Matthew Marshall Taylor, an ex-Goldman Sachs (GS) trader, turned himself in to the Federal Bureau of Investigation in connection with charges that he alledgedly defrauded the bank out of $118 million in 2007.

The Commodities Futures Trading Commission filed a civil lawsuit against Taylor in November, accusing him of fabricating trades to conceal an $8.3 billion futures position. The CFTC sought $130,000 in penalities.