Archive for July 31st, 2010

FANTASY POST: President Cuts Short Vacation To Address Nation On ‘Grave Threat To National Economic Security’; Government Targeted With ‘Taunt’ From Purported MLM Operators Amid Sea Of Incongruity; ‘We Have The Power,’ Unnamed ‘Group’ Says

FANTASY POST: President Cuts Short Vacation To Address Nation On 'Grave Threat To National Economic Security'; Government Targeted With 'Taunt' From Purported MLM Operators Amid Sea Of Incongruity; 'We Have The Power,' Unnamed 'Group' Says

EDITOR’S NOTE: This is a fantasy post. The “story” below is not real. The PP Blog occasionally presents fantasy posts, parody and satire as a means of advancing the discussion about issues in the world of online crime and marketing schemes. BAR HARBOR, Maine (PPBlog) — President Obama abruptly cut short his family vacation here […]

Peter C. Son Sentenced To 15 Years In Forex Ponzi Scheme That Targeted Korean-Americans; Courtroom Spectator Heckled Scammer, Declaring He Deserved Death For Crime

Peter C. Son Sentenced To 15 Years In Forex Ponzi Scheme That Targeted Korean-Americans; Courtroom Spectator Heckled Scammer, Declaring He Deserved Death For Crime

A California man accused of bilking Korean-Americans in an $80 million Forex Ponzi scheme was sentenced yesterday to 15 years in federal prison. Prior to the sentencing of Peter C. Son of Danville, a courtroom spectator yelled in Korean that “You’ve got to kill that bastard!” according to the San Francisco Chronicle. In June 2009, […]

Kautilya Nandan Pruthi Charged Criminally In $173 Million Ponzi Case After Probe By London Police

Kautilya Nandan Pruthi Charged Criminally In $173 Million Ponzi Case After Probe By London Police

Last month, a  court in the United Kingdom ordered Kautilya Nandan Pruthi to pay more than $135 million to the Financial Services Authority (FSA) for his role in an alleged Ponzi scheme that gathered the U.S. equivalent of $173 million. The FSA is the British equivalent of the U.S. Securities and Exchange Commission. Two others […]