Day: May 24, 2011

  • BULLETIN: Data Network Affiliates’ ‘Expert’ Was Convicted Felon Charged In Racketeering Case; New Flap Involving Anthony Sasso Emerging In Florida

    Anthony Sasso's mugshot from his 2005 arrest in Broward County.

    BULLETIN: A man described as the data expert for an online MLM program that purported to pay participants for recording license-plate numbers to help the AMBER Alert program recover abducted children is a convicted felon who was arrested in a racketeering case brought by the Broward Sheriff’s Office as part of a sting operation in 2005, the PP Blog has learned.

    Anthony Sasso is referenced as a “special board consultant” in numerous online promos for Data Network Affiliates (DNA), which now appears to be doing business as “One World, One Website” or OWOW. It was not immediately clear if Sasso continues to be affiliated with the firms.

    Also unclear was whether the sheriff’s office would open a probe into DNA. The agency had no immediate comment today.

    DNA, a company associated with one bizarre claim after another, had no affiliation with AMBER Alert. It remains far from clear whether DNA, which misspelled the name of its own departing chief executive officer last year after withholding the news of the resignation for nearly a week, had the capacity to help AMBER Alert do anything.

    The firm also claimed it delivered free cell phones with unlimited talk and text for $10 a month, while at once claiming it was the “MORAL OBLIGATION” of churches to sell a purported MLM mortgage-reduction program to people facing foreclosure. The firm, which touted Christianity in its sales pitches, also claimed to be in the offshore “resorts” business.

    The 2005 sting that led to Sasso’s arrest was known as “Operation Money Car.” It targeted a “cloning ring” involving stolen automobiles, according to records at the sheriff’s office.

    DNA was associated with Phil Picollo, described online as the “one-man Internet crime wave.” The firm, which used addresses in Nevada and Boca Raton and conducted business behind a domain that listed a Cayman Islands address, emerged early last year in part by trading on the names of Donald Trump and Oprah Winfrey. The firm scored an “F” from the Better Business Bureau for not responding to customer complaints.

    Trump and Winfrey are believed to have no ties to DNA. In a radio interview last year arranged after Piccolo threatened to sue the host, Piccolo positioned himself as a man of God — but later said he knew people who could cause physical harm to come to critics.

    By the time 2010 had come to a close, the DNA website was redirecting to the OWOW website. One OWOW promo traded on the name of the National Institutes of Health, positioning an OWOW bottled-water product as a cancer-fighter. Meanwhile, Piccolo claimed OWOW offered a “magnetic” product that not only had prevented a leg amputation, but also had helped gardeners grow tomatoes twice the size of ordinary tomatoes while helping dairy cows produce more milk.

    Sasso also was part of a Boca Raton company known as Phone Guard, which markets an application that prevents texting while driving. Phone Guard was endorsed by teen sensation Justin Bieber, according to promos for the firm.

    The Broward-Palm Beach NewTimes carried a story this morning on PhoneGuard and the Bieber promotion. The publication reported that Sasso had been asked to resign.

    Options Media, the holding company that markets Phone Guard, had no immediate comment on Sasso when contacted by the PP Blog late this afternoon. The Blog left a message for Scott Frohman, the chief executive officer of Options Media. Frohman was said to be at a meeting.

    Sasso was described in DNA promos as “The King Of Data For Dollars” and was said to be the “owner of the largest database of text numbers in the world.”

    Another oddity associated with DNA was a claim the company was about to go “public.”

    “A publicly traded company has to answer to the SEC,” the firm said in an email to promoters. “No messing with them. Ask Martha Stewart.”

  • DEVELOPING STORY: Purported Belgian Financial Firm That Used Acronym ‘LOFL’ May Be At Center Of International Mystery; Website Vanishes Amid Bizarre Circumstances After Flurry Of News Releases

    From Google cache: A company known as Landen Options and Futures uses the acronym LOFL. The same acronym is web shorthand for "Laughing Out Freaking Loud." Belgium authorities say the firm is not registered to conduct business in investments and that no such firm is located at the listed address in Brussels. Meanwhile, the firm's website has gone missing.

    DEVELOPING STORY: A financial firm purportedly headquartered in Belgium quickly may become a source of international intrigue as regulators seek to piece together clues to solve what appears to be an evolving mystery.

    For starters, the company — Landen Options and Futures — used the acronym LOFL on its website, according to search results accessible in Google cache. The site itself now is returning a “Server not found”  error.

    It was not immediately clear if the firm has gathered money from investors.

    Although LOFL could be an actual, legitimate acronym a company might choose for itself, it also is web shorthand for “Laughing Out [Freaking] Loud” and “Lots of [Freaking] Luck.”

    On May 20, the Financial Services and Markets Authority of Belgium (FSMA) issued a warning about the purported firm.

    FSMA said the firm “claims to offer investment services from premises at Avenue Louise/Louizalaan 149, 1050 Brussels.”

    But Landen Options and Futures “does not have the authorization in Belgium necessary to offer investment services in or from Belgium,” FSMA said. “Moreover, it is not situated at the address provided.”

    FSMA “thus advises the public against responding to any offers of investment services made in the name of Landen Options and Futures and against transferring money to any account number they might mention,” the agency said.

    Web cache also reveals that a copyright notice on the firm’s website purported to date back to 1990:

    “Copyright © 1990 – 2011, Landen Options and Futures,” the notice read.

    Records, however, show that the domain, which is behind a privacy proxy, was not registered until Jan. 3, 2011.

    Other records show that the purported firm issued bizarre, awkwardly worded news releases through online PR sites to drive traffic. The news releases also speak to Forex trading.

    One vague, poorly worded release claims the firm is establishing a Forex platform in “some part” of the United Kingdom.

    “Landen Options and Futures, a prominent independent brokerage firm with main office located at Brussels Belgium, and has been providing brokerage trading services to international traders and investors, recently announced that it will soon commence its brokerage trading operations in some part of the United Kingdom,” the Feb. 16 release on PR.com read in part.

    The release further claimed the company “has built two new branch offices in London and Scotland ” and “will provide foreign Exchange and futures trading services to traders and investors in UK with service highlights on online trading capabilities.”

    Meanwhile, the release claims that the UK venture “recently received regulatory approval from UK Financial Services Authority.”

    It quoted a person identified as “Mr. Harvey Davies,” purportedly the firm’s chairman and chief executive officer.

    “In (sic) behalf of the entire company, we are glad to announce the commencement of our brokerage trading services in some part of United Kingdom,” the release referencing Davies read in part.

    A Feb. 19 release quoted a person identified as Nathan Wauters, the firm’s purported “Managing Director.”

    On Jan. 21, nearly a month prior, Wauters was quoted in a news release speaking about something called “The Algorithmics.”

    The PP Blog confirmed this morning that the U.S. Commodity Futures Trading Commission is seeking information on the purported firm.