Archive for October 8th, 2011

BULLETIN: Florida Man, 71, Booked Into Alabama Jail On Theft Charges; James Leonard Craft Is Subject Of Probe By Alabama Securities Commission Into Purported ‘South American’ Railroad Cross Ties; Some Strange Parallels To ASD Case Emerge

BULLETIN: Florida Man, 71, Booked Into Alabama Jail On Theft Charges; James Leonard Craft Is Subject Of Probe By Alabama Securities Commission Into Purported 'South American' Railroad Cross Ties; Some Strange Parallels To ASD Case Emerge

BULLETIN: The cavalcade of senior citizens implicated in alleged securities schemes continues. James Leonard Craft has been taken from a jail cell in Florida and placed in one in Alabama to answer felony charges that he was at the helm of a securities swindle. Craft, 71, of Milton, Fla., originally was arrested in Florida Sept. […]

UPDATE: ASD Figure Kenneth Wayne Leaming’s Firm Listed As Registered Agent For At Least 73 Firms, Including Companies That Use The Words ‘Homeland Security,’ ‘Federal Asset’ And ‘JP Morgan’

UPDATE: ASD Figure Kenneth Wayne Leaming's Firm Listed As Registered Agent For At Least 73 Firms, Including Companies That Use The Words 'Homeland Security,' 'Federal Asset' And 'JP Morgan'

UPDATED 12:52 P.M. EDT (OCT. 9 U.S.A.) A week ago, some AdSurfDaily members received an email that encouraged them to “name” federal prosecutors, a federal judge and a U.S. Secret Service agent as “thieves” and to file documents at the “county” level identifying the public officials as such. The email led to questions about whether […]

DURANGO HERALD: Attorney Says His Client Was Ponzi Player Who Tried To ‘Scam The Scammers’; E-Bullion’s Name Surfaces In Illustrative Case Of Frederick H.K. Baker, Who Is Sentenced To Federal Prison

DURANGO HERALD: Attorney Says His Client Was Ponzi Player Who Tried To 'Scam The Scammers'; E-Bullion's Name Surfaces In Illustrative Case Of Frederick H.K. Baker, Who Is Sentenced To Federal Prison

In July 2010, FINRA memorably described the HYIP sphere as a “bizarre substratum of the Internet.” The regulator warned about “online payment systems” that are used for criminal activity, noting that some fraud purveyors discuss subjects such as how to “build a winning HYIP portfolio” and how “to ‘ride the Ponzi’ and get in and […]