URGENT >> BULLETIN >> MOVING: JSS/JBP’s Frederick Mann Admits Program Is Not Registered; Government Workers ‘Part Of A Criminal Gang Of Robbers, Thieves, Murderers, Liars, Imposters,’ Program Patriarch Says
(UPDATED 10:56 A.M. EDT (U.S.A.) Frederick Mann, the purported operator of JSS Tripler/JustBeenPaid, acknowledged in a conference call last night that the program that advertises a return of 60 percent a month is not registered with regulators. The acknowledgement, which potentially puts promoters worldwide at risk of being drawn into both civil and criminal prosecutions for selling unregistered securities and participating in a global financial conspiracy, occurred near the tail end of a call that lasted nearly an hour and a half.
JSS/JBP may have ties to the “sovereign citizen” movement, a loosely knit confederation of individuals who have an irrational belief that laws do not apply to them. The enterprise does not say where it is operating from and is using a number of payment processors that are “offshore” from a U.S. perspective.
A caller who identified himself as “Brian” from California asked Mann straight out if JSS/JBP was “legally registered.”
“You may have it backward,” Mann replied. “If you are legally registered, then you’ve signed up to be a slave, part of the slave system, and then they have jurisdiction over you and can shut you down.”
Earlier in the call — in response to a question from “Ricky” about why the JSS/JBP member agreement makes enlistees affirm they are not employees or officials of the “government” — Mann said this:
“In general, government people are not welcome in JBP.”
And then Mann explained why.
“Well, they’re part of a criminal gang of robbers, thieves, murderers, liars, imposters.”
Mann also said this: “These people are much worse than the Mafia.”
He conceded that some government employees might be good people. Mann also implied that, if a government employee signed up for JSS/JBP and later became a witness against the company, JSS/JBP would be able to challenge the credibility of the witness because of the firm’s member agreement.
In February, Gregory McKnight, the operator of the $72 million Legisi HYIP Ponzi scheme, pleaded guilty to wire fraud. Legisi had member terms similar to JSS/JBP. The terms neither insulated Legisi nor McKnight from prosecution.
After Mann compared the government to the Mafia, a caller who identified himself as “Richard” from “Phoenix” described Mann as a “savior for the world.”
JSS/JBP purports to provide a preposterous daily return of 2 percent — twice that of AdSurfDaily, a $110 million Ponzi scheme that came under investigation by the U.S. Department of Justice and the U.S. Secret Service in 2008. ASD President Andy Bowdoin pleaded guilty last week to wire fraud.
Mann, identified in 2008 promos as an ASD pitchman, said last night that ASD “basically operated as a sitting duck.”
Asked by a caller if JSS/JBP had lawyers to protect itself, Mann said this:
“Typically, lawyers are part of the slave system.”
And Mann speculated that the government could fire “cruise missiles” to take out a building in the Netherlands “where our servers are.”
Mann implied during the call that JSS/JBP had studied the ASD Ponzi case and had taken measures not to get swept into a Ponzi probe.
ASD was a “very badly managed business,” Mann said, adding that JSS/JBP had “much better security than the typical registered company.”