Archive for October 2010

KABOOM! Federal Judge Was Right When He Ordered Marketers To Pay $48.2 Million In False-Advertising Case Brought By FTC, Appeals Panel Rules; ‘Complete Absence Of Support’ For Most Claims Made About Supreme Greens And Coral Calcium Dietary Supplements

KABOOM! Federal Judge Was Right When He Ordered Marketers To Pay $48.2 Million In False-Advertising Case Brought By FTC, Appeals Panel Rules; 'Complete Absence Of Support' For Most Claims Made About Supreme Greens And Coral Calcium Dietary Supplements

UPDATED 11:44 A.M. EDT (U.S.A.) So, you want to tell customers that your products cure diseases ranging from cancer to Parkinson’s and multiple sclerosis? And when critics and investigators and lawyers begin to ask tough questions, you want to deflect? And when a federal judge orders you to pay $48.2 million for making deceptive claims, […]

Fugitives Charged In Michigan Ponzi Scheme Captured By U.S. Marshals, Police In Tennessee; Rita Gosselin And Husband Had Been On The Lam Since April

Fugitives Charged In Michigan Ponzi Scheme Captured By U.S. Marshals, Police In Tennessee; Rita Gosselin And Husband Had Been On The Lam Since April

In December 2009, Rita Gosselin was indicted for racketeering in Michigan. Michigan Attorney General Mike Cox said she was at the helm of a real-estate Ponzi scheme involving promissory notes. In April 2010, Gosselin, 58, was alleged to have cut a monitoring device and fled the the state with her husband, Richard Gosselin, 62. The […]

BULLETIN: FBI Seeks Arrest Of Perry and Rachelle Griggs; Agency Alleges Husband-And-Wife Team Ran Ponzi Scheme While Husband Was Federal Prisoner In Nevada; Manhunt Under Way

BULLETIN: FBI Seeks Arrest Of Perry and Rachelle Griggs; Agency Alleges Husband-And-Wife Team Ran Ponzi Scheme While Husband Was Federal Prisoner In Nevada; Manhunt Under Way

BULLETIN: UPDATED WITH INFORMATION FROM THE CFTC AT 7:03 P.M. EDT (U.S.A.) Perry and Rachelle Griggs are on the lam after running a Ponzi scheme while Perry Griggs was a federal prisoner in Nevada, the FBI said. The alleged commodities scheme consumed about $3 million and was targeted principally at inmates and family members of […]

FTC Shows Federal Judge Screen Shots Of Online Promos; Agency Sues Purported ‘Wellness’ Firm For Deceptive Trade Practices, False Advertising

FTC Shows Federal Judge Screen Shots Of Online Promos; Agency Sues Purported 'Wellness' Firm For Deceptive Trade Practices, False Advertising

An evidence exhibit filed by the FTC in federal court in San Francisco shows screen shots of claims made online by Wellness Support Network Inc. The agency now has sued the California company, alleging deceptive trade practices and false advertising in the marketing of  products purported to treat and prevent diabetes. Included in the 25-page […]

NOTE TO ASD VICTIMS: Rust Consulting Inc. Is The ONLY Authorized Claims Administrator; Don’t Be Confused By Claims Another Company Can Expedite Refunds

NOTE TO ASD VICTIMS: Rust Consulting Inc. Is The ONLY Authorized Claims Administrator; Don't Be Confused By Claims Another Company Can Expedite Refunds

In early September, federal prosecutors informed U.S. District Judge Rosemary Collyer that an official website had been established to inform victims of the alleged AdSurfDaily Ponzi scheme about the remissions and restitution process. The government’s filing, which lists the URL of the website — http://www.adsurfdailyremission.com/ — is a public record. It has been on Collyer’s […]

EDITORIAL: Script For MPB Today Promo Used The Word ‘Monkeys’ In Context Of Obama Presidency; Research Suggests At Least Two Versions Of Script Existed; One Painted Obamas As Welfare Recipients Aspiring To Eat Dog Food And Table Scraps Left By Family Pet

EDITORIAL: Script For MPB Today Promo Used The Word 'Monkeys' In Context Of Obama Presidency; Research Suggests At Least Two Versions Of Script Existed; One Painted Obamas As Welfare Recipients Aspiring To Eat Dog Food And Table Scraps Left By Family Pet

EDITOR’S NOTE: The PP Blog previously wrote about a promo by an MPB Today affiliate that sought to recruit prospects by depicting President Obama and Secretary of State Hillary Clinton as Nazis. The PP Blog is reporting today that at least two versions of the affiliate’s anti-Obama script appear to have existed, including one that […]

PP Blog Returns After 4-Day Outage Caused By DDoS Attack; Site Flooded Saturday By Millions Of Hits

PP Blog Returns After 4-Day Outage Caused By DDoS Attack; Site Flooded Saturday By Millions Of Hits

Dear Readers, The PP Blog was brought down Saturday by a DDoS attack that flooded its servers with more than 6.1 million “hits” during a three-hour window. The Blog was shut down for security reasons, and federal law-enforcement agencies have been made aware of the attack. We were made aware of the nature of the […]

BULLETIN: Woman Who Did Not Report Ponzi Schemer Richard Piccoli Sentenced To 18 Months In Federal Prison For ‘Misprision Of Felony’ And Tax Charge; Kathleen Fuoco Turned ‘Blind Eye’ To Fraud, Prosecutors Say

BULLETIN: Woman Who Did Not Report Ponzi Schemer Richard Piccoli Sentenced To 18 Months In Federal Prison For 'Misprision Of Felony' And Tax Charge; Kathleen Fuoco Turned 'Blind Eye' To Fraud, Prosecutors Say

BULLETIN: In a case that could send shockwaves across the culture of promoting scams and accepting payments from scams, a New York woman who turned a blind eye to Richard Piccoli’s long-running Ponzi scheme in New York state has been sentenced to 18 months in federal prison for misprision of a felony and willful failure […]

UPDATES/NEWS: ASA Ponzi Forum Now Redirects To CashX.com; Arthur Nadel Gets 14 Years In Florida Ponzi Case Brought By Obama Task Force; Former Indiana Pastor Who Bilked Christians Convicted Of Securities Fraud

UPDATES/NEWS: ASA Ponzi Forum Now Redirects To CashX.com; Arthur Nadel Gets 14 Years In Florida Ponzi Case Brought By Obama Task Force; Former Indiana Pastor Who Bilked Christians Convicted Of Securities Fraud

UPDATED 10:56 A.M. EDT (U.S.A.) The ASA Monitor Ponzi and criminals’ forum now is redirecting to a website operated by CashX.com, a Canadian payment processor that hawks MasterCard debit cards and says it permits customers to withdrawn money to Liberty Reserve. Liberty Reserve is a Ponzi-friendly payment processor purportedly headquartered in Costa Rica after earlier […]

Did MPB Today Have Predecessor Company Known As ‘MyPremierBiz’ In 2009? Wellness, ‘Apps’ Programs Pitched From Ponzi Boards Last Year Prior To Birth Of ‘Grocery’ MLM

Did MPB Today Have Predecessor Company Known As 'MyPremierBiz' In 2009? Wellness, 'Apps' Programs Pitched From Ponzi Boards Last Year Prior To Birth Of 'Grocery' MLM

A website known as MyPremierBiz.com was hyped on Ponzi boards last year and videos were produced to drive traffic to a confusing “opportunity” that included both a straight-line and a 2×2 matrix cycler and a hard-to-decipher sales and compensation program. Affiliate links were created for the program, which was purported on the MoneyMakerGroup forum to […]

Bogus Claims Of Google Affiliation Gave Scam ‘False Auru Of Legitimacy,’ FTC Says; Case Leads To $29.5 Million Judgment; Defendants Lose Cash, Cars, Motorcycle, Boat, Gun Collection

Bogus Claims Of Google Affiliation Gave Scam 'False Auru Of Legitimacy,' FTC Says; Case Leads To $29.5 Million Judgment; Defendants Lose Cash, Cars, Motorcycle, Boat, Gun Collection

So, you want to plant the seed that your business “opportunity” is backed by a famous company or that the company approves of your use of its trade name in a domain name you registered? Eight defendants in a fraud case filed by the FTC have been hit with a judgment of $29.5 million in a […]