URGENT >> BULLETIN >> MOVING: JSS Tripler Banned By Italian Securities Regulator CONSOB; ‘Marketing The Offering’ Is ‘Prohibited,’ Agency Announces
URGENT >> BULLETIN >> MOVING: CONSOB, the Italian securities regulator, has banned promos for JSS Tripler, the purported arm of a “program” known as JustBeenPaid that has advertised a daily return of 2 percent and a monthly return of 60 percent.
In an English translation on CONSOB’s website this morning, the regulator described JSS Tripler as an “investment programme” and named an individual promoter. The wording may have global significance because it suggests that the Italian government views JSS Tripler as a venture that is offering unregistered securities through unregistered brokers.
“Opportunities” similar to JSS Tripler/JustBeenPaid have triggered both civil and criminal prosecutions in the United States.
Here is what CONSOB published in English:
“In accordance with Art. 101, section 4, letter c) of Italian Legislative Decree no. 58/1998 (the “Consolidated Law on Finance”), Consob has prohibited marketing the offering to the public of the investment programme named JSS Tripler, implemented by Mauro Messina through the website http://gruppounitoworld.com and, in accordance with Art. 101, section 4, letter b) of the Consolidated Law on Finance, suspended for a further thirty-day period, marketing the offer to the public of the investment programmes named JSS Tripler, RicoChet Riches, System Explosion and Macro Trade implemented through the website < http://vizconsigli.com (resolutions nos. 18178 and 18179 of 18 April 2012).
The marketing activities in question had previously been subject to a 90-day suspension under resolutions 18075 and 18076 of 20 January 2012 (see “Consob Informs” no. 4/2012).
(In Consob Informa n. 17/12 – 23 April 2012)
JSS Tripler-related claims first came under the CONSOB lens in January.
In online conference calls, Frederick Mann — JSS/JBP’s purported operator — has declined to identity the purported opportunity with a nation-state. At least one website linked to Mann showcases content about a purported “sovereign citizen” under indictment in Alaska in an alleged murder plot targeting public officials.
Link to CONSOB’s English translation.