Archive for June 24th, 2011

Government Refuses To Say Whether Return Of INetGlobal Funds Means The Firm Has Been Cleared And The Probe Into Its Business Practices Has Concluded

Government Refuses To Say Whether Return Of INetGlobal Funds Means The Firm Has Been Cleared And The Probe Into Its Business Practices Has Concluded

UPDATED 9:24 P.M. EDT (U.S.A.) A spokeswoman for U.S. Attorney B. Todd Jones of the District of Minnesota refused to say today whether the government’s probe into the business practices of Inter-Mark Corp. and INetGlobal is over. “[W]e never confirm or deny the existence of investigations,” said Jeanne Cooney. The firms announced yesterday that prosecutors […]

BULLETIN: FLORIDA — AGAIN: CFTC Says Man With 3 Aliases Ripped Off Church Members And Prayer-Group Attendees In Forex Ponzi Scheme And Then Moved To Canada

BULLETIN: FLORIDA -- AGAIN: CFTC Says Man With 3 Aliases Ripped Off Church Members And Prayer-Group Attendees In Forex Ponzi Scheme And Then Moved To Canada

BULLETIN: The CFTC has gone to federal court in the Southern District of Florida, alleging that a former Miami man who conducted prayer services in his home ripped off church members, friends, neighbors and others in a Forex Ponzi scheme. Some investors bought into the scheme with cash payments that totaled in the hundreds of […]

UPDATE: Is Club Asteria Missing An Executive? Blurb For ‘Director Of Sales And Marketing’ Goes Missing From Website Amid Reports Firm Has Suspended Cashouts

UPDATE: Is Club Asteria Missing An Executive? Blurb For 'Director Of Sales And Marketing' Goes Missing From Website Amid Reports Firm Has Suspended Cashouts

A blurb for a key leader of an online “program” that claims to elevate people out of poverty globally has gone missing. The blurb for Hank Needham, whom Club Asteria identified as its director of sales and marketing, appears to have vanished between June 19 and today. Also missing from the Club Asteria webpage that […]

UNCONFIRMED: Club Asteria Suspends Member Cashouts; If Ponzi Forum Reports On Payout Halt Are True, Then Decision Was Made Virtually 2 Years To The Day After AdViewGlobal Autosurf Collapsed

UNCONFIRMED: Club Asteria Suspends Member Cashouts; If Ponzi Forum Reports On Payout Halt Are True, Then Decision Was Made Virtually 2 Years To The Day After AdViewGlobal Autosurf Collapsed

A Virginia-based company that trades on the name of the World Bank and claims to help lift some of the poorest people on earth out of poverty by involving them in an income and MLM-like recruitment scheme has suspended member cashouts, according to posts on Ponzi scheme and criminals’ forums. If the news about Club […]