Archive for December 7th, 2010

BULLETIN: Company That Did Business With Steve Renner’s Cash Cards International Charged In Massive Forex Swindle; Case Against MXBK Group S.A. De CV Grew Out Of Cooperative Probe Among SEC, CFTC, FBI And IRS; SEC Charges Pitchmen With Blindly Promoting Scam, Even After Collapse

BULLETIN: Company That Did Business With Steve Renner's Cash Cards International Charged In Massive Forex Swindle; Case Against MXBK Group S.A. De CV Grew Out Of Cooperative Probe Among SEC, CFTC, FBI And IRS; SEC Charges Pitchmen With Blindly Promoting Scam, Even After Collapse

BULLETIN: UPDATED 9:18 A.M. ET (U.S.A., DEC. 8.) A Mexican company listed as a customer of Steve Renner’s Cash Cards International (CCI) in a 2005 scam known as MegaFund now has been charged by the CFTC with running a massive Forex fraud scheme that gathered at least $28 million from more than 800 U.S. customers. […]

BULLETIN: Former Pastor Sentenced To 54 Years In Indiana Ponzi And Affinity Fraud Scheme; Investors Believed They Were Funding Church-Building Projects

BULLETIN: Former Pastor Sentenced To 54 Years In Indiana Ponzi And Affinity Fraud Scheme; Investors Believed They Were Funding Church-Building Projects

BULLETIN: Vaughn Reeves has been sentenced to 54 years in prison after bilking Christians in a $120 million Ponzi- and affinity-fraud scheme in Indiana. Reeves, a former church pastor, is 66. He told investors in Alanar Inc. that it was their ‚ÄúChristian responsibility‚ÄĚ to become pitchmen for his then-undiscovered bond scheme. Congregants believed they were […]

Judge Jails New York Man After Arrest On Cyberstalking, Wire Fraud And Mail Fraud Charges; Vitaly Borker Used Multiple Identities To Bully, Terrify Online Shoppers, Feds Say

Judge Jails New York Man After Arrest On Cyberstalking, Wire Fraud And Mail Fraud Charges; Vitaly Borker Used Multiple Identities To Bully, Terrify Online Shoppers, Feds Say

A New York man was arrested by the U.S. Postal Inspection Service yesterday in a bizarre case in which it was alleged he threatened to assault customers of his bogus online eyeglasses shop. Vitaly Borker, 34, of Brooklyn, was denied bail. He bizarrely told the New York Times weeks ago that he threatened customers as […]