Archive for August 8th, 2010

MORE SLEEPLESS NIGHTS FOR HYIP SCAMMERS? SEC Whacks Another ‘Small’ Ponzi; Agency Says Firm Used Asset ‘Freeze’ Ruse To String Along Victims

MORE SLEEPLESS NIGHTS FOR HYIP SCAMMERS? SEC Whacks Another 'Small' Ponzi; Agency Says Firm Used Asset 'Freeze' Ruse To String Along Victims

EDITOR’S NOTE: The SEC complaint against Candice D. Campbell is yet-another case apt to cause unease in the incongruous worlds of online HYIP, autosurf and investment fraudsters. Among the allegations against Campbell, a purported day-trader and “CFO” of an unincorporated, Canton, Mich.-based company known as CJ’s Financial, is that she lied to investors and used […]

UPDATE: California Man Who Allegedly Filed ‘False Liens’ In Bizarre Paperwork Attack Against Law Enforcement Claimed IRS Owed Him $82 Billion

UPDATE: California Man Who Allegedly Filed 'False Liens' In Bizarre Paperwork Attack Against Law Enforcement Claimed IRS Owed Him $82 Billion

A California man accused of filing “false liens” against public officials in pursuit of their duties also filed a “bogus” tax-refund claim with the IRS for the preposterous sum of $82 billion, federal prosecutors said. Thanh Viet Jeremy Cao and his business, Phoenix Financial Management Group, now have been permanently barred by a federal judge […]