Only Days After Negative CONSOB Finding On JSS Tripler, Affiliate Press Release Claims ‘Program’ Lets Members ‘Start With Just $10 And Turn It Into A Fortune’
At the moment, Google News is providing an interesting juxtaposition on the subject of JSS Tripler, the purported arm of the “JustBeenPaid” program that does not identify itself with a nation-state, makes members affirm they are not with the “government” and advertises an absurd monthly return of 60 percent. Frederick Mann, the “opportunity’s” purported operator, [...]
Andy Bowdoin A No-Show In Last Night’s Conference Call For ‘OneX’; Absence Blamed On ‘Personal Problems’ Days After Prosecutors Call ‘OneX’ A ‘Fraudulent Scheme’
UPDATED 12:06 P.M. EDT (MAY 5, USA): Andy Bowdoin’s bond-review hearing has been rescheduled from May 8 to May 18. Here, below, our earlier story . . . Only days ago, federal prosecutors described the OneX “program” pitched online by accused Ponzi schemer Andy Bowdoin of AdSurfDaily as a “fraudulent scheme” and “pyramid” that “simply [...]
PP Blog Experiences Computer Meltdown
Dear Readers, I drove to my sister’s house this morning to make this quick post. The past few days have brought about a crisis . . . On Friday, both of the computers used to publish the Blog developed problems with condensation. Precisely how and why this happened remain a mystery. Our desktop machine became [...]
[DONATION POST]: PP Blog At Brink Again As May Approaches (And Publication Passes 1,600-Post Milestone)
With May approaching , the PP Blog once again is at the edge of an abyss. In July 2011, the Blog enabled a donation button. We’ve stayed online to fight the good fight — thanks to readers. As was the case last month, key bills are coming due and core essentials are in short supply. [...]
MOST UN-’WISE’: 2 Ponzi Schemers Ride Their Wordplay To Prison Sentences Totaling More Than 33 Years; Judge Declares Crime ‘Evil’
“Defendant Trebor Company (Robert spelled backward) is a sole proprietorship owned by [Robert C. Brown Jr.] and is the name he has used for his ‘investment group.’” — U.S. Securities and Exchange Commission, in civil complaint against Trebor and Brown, July 23, 2008 “Evidence at trial established that much of the investor money was funneled [...]
INCREDIBLE! SEC Says Recidivist Huckster And Felon Allen E. Weintraub Is Scamming Again — This Time With Purported Facebook Shares; Court Grants Asset Freeze And Agency Publishes Phone Number To Take Complaints
BULLETIN: The SEC is tackling another bizarre securities-fraud case in which the alleged elements read like fiction. In May 2011, the agency charged Allen E. Weintraub of Aventura, Fla., in a bogus “tender offer” caper in which he fraudulently claimed to have backers to purchase (for purported billions of dollars) Eastman Kodak Co. and AMR [...]
On Zeek Rewards, Cheerleaders, Currency And Exclamation Points
Owing to time constraints, the PP Blog hasn’t written much about Zeek Rewards, an MLM “program” married to a penny-auction site known as “Zeekler.” For simplicity, we’ll refer to both arms as “Zeek.” The structure of Zeek and precisely what it does are just plain baffling. Even so, it appears to have a legion of [...]
UPDATE: JSS Tripler 2 And Associated Scams Get More Bizarre By The Day: After Purported Bout With Dengue Fever, ‘Dave’ Purportedly Gets Married; Cashouts Now Reportedly Delayed Due To Wedding And Script Glitch — As Members Encouraged To Carry Out Blog-Posting ‘Tasks’
This will be a familiar refrain to many readers of the PP Blog: In July 2010, the Blog reported that the Financial Industry Regulatory Authority (FINRA) had launched a public-awareness campaign about HYIP fraud. FINRA called the HYIP sphere a “bizarre substratum of the Internet.” Just a month earlier — in June 2010 — the [...]
KABOOM! Judge Sentences 2 Swindlers Who Presided Over Pyramid Scheme And Stock-Fraud Caper To A Combined 64 Years In California State Prison
James A. Sweeney II and Patrick M. Ryan — the two men who presided over the Big Co-op Inc. and Ez2Win.biz online pyramid scheme and stock swindle — have been sentenced to a combined 64 years in state prison, California Attorney General Kamala D. Harris announced. Sweeney, 64, of Afton, Tenn., was sentenced to 33 [...]
URGENT >> BULLETIN >> MOVING: SEC Charges Ephren W. Taylor II In Alleged Ponzi Scheme Targeting African American Church Congregations; Media Darling Hailed Himself A ‘Social Capitalist’ And Youngest Black CEO Of A Public Company
“Ephren Taylor professed to be in the business of socially-conscious investing. Instead, he was in the business of promoting Ephren Taylor. He preyed upon investors’ faith and their desire to help others, convincing them that they could earn healthy returns while also helping their communities.” — David Woodcock, director of the SEC’s Fort Worth Regional [...]
EDITORIAL: Swearing By The ‘Droid’ On Easter Sunday
Ain’t no one who does it quite like The Salty Droid, the fake-robot Blogger who sometimes curses like a [bleeping] longshoreman as he goes about the business of sucking the wind out of the sails of some nihilistic Internet marketing ships and their fantastically reckless captains. Like Capt. Frank ["Bleeping"] Kern of “Syndicate” infamy, for [...]