# CFTC Charges Charlotte, North Carolina Couple Sidney and Charlotte Hanson and their Companies with Operating a $22.5 Million Foreign Currency Ponzi Scheme

> CFTC release 5689-09 · 2009-08-08 · **Ponzi scheme** · ENFORCEMENT

## Key facts

- **Release number:** 5689-09
- **Release date:** 2009-08-08
- **Type:** Ponzi scheme
- **Title:** CFTC Charges Charlotte, North Carolina Couple Sidney and Charlotte Hanson and their Companies with Operating a $22.5 Million Foreign Currency Ponzi Scheme
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/5689-09

## What this is

CFTC enforcement actions cover derivatives + commodities + crypto fraud cases. The Commission charges market participants under the Commodity Exchange Act for spoofing, manipulation, fraud, wash trades, registration violations, and pool-operator misconduct. Most actions settle with restitution + civil money penalty + a bar/suspension.


## Citation

> US Commodity Futures Trading Commission, press release 5689-09, "CFTC Charges Charlotte, North Carolina Couple Sidney and Charlotte Hanson and their Companies with Operating a $22.5 Million Foreign Currency Ponzi Scheme", 2009-08-08. Retrieved via AI Analytics 2026-07-06 from https://api.ai-analytics.org/cftc-action/5689-09.

---

*[CFTC actions dataset](/datasets/cftc-actions) · CC0 1.0*