CFTC Charges Raleigh, North Carolina Man and His Company, Yellowstone Partners, Inc., with Operating a Foreign Currency Ponzi Scheme Court issues emergency order freezing defendants assets and protecting books and records. Washington, DC The U.S. Commodity Futures Trading Commission (CFTC) today announced that it charged Dennis Todd Hagemann and Yellowstone Partners, Inc., both of Raleigh, N.C., with operating a Ponzi scheme involving the fraudulent solicitation of at least $700,000 from at least nine individuals to trade foreign currency futures (forex) managed accounts and/or a pooled investment. Defendants also allegedly attempted to solicit funds from at least one other individual.