Archive for August 13th, 2010

BULLETIN: Florida-based XM Brands Inc., Kenneth Jacobi Named In North Dakota Cease-And-Desist Order That Alleges Deceptive Trade Practices, Refusal To Cooperate In Probe; Firm Sells Acai Berry, Teeth-Whitening Products

BULLETIN: Florida-based XM Brands Inc., Kenneth Jacobi Named In North Dakota Cease-And-Desist Order That Alleges Deceptive Trade Practices, Refusal To Cooperate In Probe; Firm Sells Acai Berry, Teeth-Whitening Products

BULLETIN: (UPDATED 6:10 P.M. EDT (U.S.A.) North Dakota Attorney General Wayne Stenehjem has issued a cease-and-desist order against Kenneth Jacobi and his company, XM Brands Inc., amid allegations of deceptive trade practices in the sale of acai berry and teeth-whitening products on the Internet. Jacobi’s enterprises are based in Hollywood, Fla. In the order, North […]

SEC: Oil-And-Gas Scammer Paid Belize Company For Ad That Ran On CNBC, Fox Business News; Offer Proved To Be Fraudulent; Jon C. Ginder Charged In Emergency Action

SEC: Oil-And-Gas Scammer Paid Belize Company For Ad That Ran On CNBC, Fox Business News; Offer Proved To Be Fraudulent; Jon C. Ginder Charged In Emergency Action

A Texas man paid a Belize company to produce ads that ran on CNBC and Fox Business News for his oil-and-gas venture, but the offer proved to be fraudulent and the SEC has filed an emergency court action to stop the scheme, the agency said. Jon C. Grinder of Houston used “at least” $210,000 of […]