T2’s ‘Dave’ Suggests Police Stood ‘Idly By’ As Trouble Engulfed His ‘Program’ That Advertises Daily Return Of 2 Percent; MoneyMakerGroup Suspends T2 Naysayers After Poster Claims Mod Pitched Dozens Of ‘Programs’ Now In Scams Folder

EDITOR’S NOTE: Our first reference to JSS Tripler 2 (T2), which is trading on the name of an obvious fraud scheme known as JSS Tripler, is here. JSS Tripler is part of a larger fraud scheme known as JustBeenPaid, which was pushed by members of the alleged AdSurfDaily Ponzi scheme and any number of Ponzi-forum scammers. ASD President Andy Bowdoin was indicted 13 months ago for wire fraud, securities fraud and selling unregistered securities. He faces a maximum term of 125 years in federal prison, if convicted on all counts of a seven-count indictment.

We published a T2 follow-up here, and an update to the follow-up here. We also published a story on a decision last week by the U.S. Court of Appeals for the Sixth Circuit that upheld the 27-year prison sentence of Tennessee-based Ponzi schemer Dennis Bolze, whose operation recruited senior citizens and resulted in a two-level “vulnerable victim” sentencing enhancement for Bolze.

Online Ponzi purveyors and forum fraudsters may be particularly susceptible to the vulnerable-victim enhancement. Indeed, their “programs” cast with a wide net, gain a head of steam through willful blindness and practiced, serial disingenuousness on Ponzi boards and within the purveyor and promotional ranks — and often mushroom to involve thousands of participants, thus increasing the odds they’ll recruit vulnerable members of society into their schemes  . . .

“Dave,” the purported operator of an increasingly bizarre HYIP that advertises a daily payout rate that projects to an annualized return of 730 percent, appears now to be blaming an unidentified law-enforcement agency for standing “idly by” as trouble engulfed his “program” after a onetime business partner’s AlertPay account was frozen.

Oddly, though, “Dave” now appears to be grateful his business partner was not arrested on “Dave’s” word, asserting that the partner “is working with us to put this situation back on track.”

At the same time, “Dave” asserts T2 is implementing a restructuring plan amid reality-bending claims it is “NOT in a weak position” despite a “month of no withdrawals” caused by “Chris,” the onetime business partner whose AlertPay account apparently was used to gather funds for T2 and now cannot be accessed.

T2 members have been left in the lurch for weeks.

The T2 “program” purportedly will restart on Feb. 1 with a new “algorithm” and a new name: T2MoneyKlub. The name change, according to a T2 members’ update, will occur because the program “no longer wish[ed] to be confused with Justbeenpaid.com.”

Claims about “algorithms” and other mathematical magic frequently accompany fraud schemes. So do name changes at mid-stream. AdSurfDaily, for example, allegedly changed its name to ASD Cash Generator after a Ponzi collapse and did not inform incoming members that their funds were being used to pay back investors scammed when the original iteration collapsed.

Ponzi collapses can be brought on by theft, account closures or seizures by banks and payment processors or by actions by law-enforcement to freeze accounts to stop a scheme from mushrooming. Details surrounding AlertPay’s apparent decision to freeze the account of “Chris” are unclear.

“Dave’s” move to change the program’s name is in stark contrast to earlier, mind-bending claims that trading on the name of JustBeenPaid’s JSS Tripler arm somehow was appropriate. The T2MoneyKlub domain was registered Jan. 12 — as T2 members were publicly fretting about not getting paid.  The new domain is being powered by servers that use JSS Tripler 2’s name, according to records.

Existing T2 Members May Face New Risk

Even now, according to “Dave’s” members’ update, the program is taking advantage of an “SEO” strategy to expand its audience. If true, the program could be expanding its own risk of attracting vulnerable investors.

“We will be setting up a quantity of forums and blogs, and each one will need to receive page views from the members, also there will be blog commenting tasks and forum posting tasks,” “Dave” asserts.

“This is to build up a high alexa rank with a massive amount of original content and high pageview count which sets a great foundation for SEO and advertising revenue etc,” he continues in the members’ update. “We will give attention to each website for approx one month for forums and 2 weeks per blog.”

Separately posting on the MoneyMakerGroup Ponzi forum as “Peakr8,” “Dave” painted himself a man of considerable business experience who’d been condemned unduly by the media and left twisting in the wind by an unidentified “police” agency.

‘Police Standing Idly By’

“Yes we have had a few problems both technical and the [AlertPay] problem,” “Dave” conceded as “Peakr8” in a post yesterday on MoneyMakerGroup. “[T]his is not unlike any business offline or online, apart from it’s like trying to run your business with a mob walking up and down outside your business premises waving banners screaming ‘scam, scam, scam’ and also the newspapers saying you are a liar and a cheat with absolutely no evidence to back up their claims… when you have done nothing wrong and the police standing idly by saying that they are allowed to do it.”

“Dave” has not identified the police agency to which he allegedly complained about “Chris” and apparently now is complaining about. He earlier asserted that his complaint would result in the arrest of “Chris.”

“Dave’s” public complaint on MoneyMakerGroup followed on the heels of his apparent decision to block the public from the T2 forum and a separate claim by “Dave” that he would “viciously” oppose a T2 member who declared the program a “SCAM,” encouraged fellow members to file an AlertPay dispute and said he’d try to get his money back from SolidTrustPay, another payment processor used by T2.

Whether the member “Dave” claimed he’d oppose “viciously” for trying to get back his money and complaining about the program planned to file a consumer complaint with any of the world’s law-enforcement agencies is unclear.

What is clear is that it is common for fraud purveyors and their forum shills to discourage members from filing payment disputes amid claims that such complaints harm a “program” and its members.

MoneyMakerGroup Doles Out Suspensions To Naysayers

Separately, MoneyMakerGroup announced it had suspended some members who’d raised questions about T2. Those suspensions were attributed to “mmgcjm,” a “Global Moderator.”

“Dave,” who purports to be posting from Thailand after jetting from England several days ago while T2 members were clamoring for their cash, appears to have approved of the suspensions.

“Isn’t it nice here[?],” he crowed. “Should have been done months ago and they also ought to get a life ban for their dreadful behaviour.”

T2 sells “dream positions” and “dream matrices” amid claims that even “passive” members can earn returns of 2 percent a day over the course of 75 days. The “program” has asserted it has “multiple income streams,” and “Dave” has preemptively denied T2 was operating a cross-border Ponzi scheme. T2 says its has 8,838 members, a claim that leads to troubling questions about whether vulnerable victims were reeled in by T2’s wide net on the web.

“Chris,” a onetime business partner of “Dave,” is responsible for the “program’s” troubles, according to “Dave,” who earlier asserted that “Chris” would be arrested.

If a police investigation actually ensues, it almost certainly would lead to questions about the extent of T2’s purported income streams, whether those purported ventures were profitable enough to sustain themselves — let alone T2’s (precompunding) annualized return of 730 percent on top of referral commissions — and whether Dave’s public pleas for members not to file AlertPay disputes were designed to keep a Ponzi scheme intact.

Another possible area of inquiry is whether “Dave” — who appears to have closed the T2 forum to public viewing even as he suggests on MoneyMakerGroup that people who file disputes with SolidTrustPay will be opposed “viciously” — is trying to chill his own members.

The MoneyMakerGroup suspensions of T2 doubters attributed to “mmgcjm” appear to involve at least three members and were carried out after a poster asserted that “[a]lmost 3 dozen opportunities” that mmgcjm “promoted as being “good”, “Great”, “Fantastic” and so on in 2011″ are now in the SCAM/CLOSED folder.”

“mmgcjm” justified the suspensions by asserting that, under the guidelines of the MoneyMakerGroup forum, “programs” in the folder were not necessarily scams.

As an advertisment on the right side of the T2 thread at MoneyMakerGroup lured readers with a suggestion that another program known as “Moon Fund” paid 8,850 percent “After 24 Hours,” “mmgcjm” claimed that the T2 critic was posting “false information.”

The suspensions followed a short time later, with a prompt from “mmgcjm” for the T2 naysayers to “Enjoy your vacations!”

 

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10 Responses to “T2’s ‘Dave’ Suggests Police Stood ‘Idly By’ As Trouble Engulfed His ‘Program’ That Advertises Daily Return Of 2 Percent; MoneyMakerGroup Suspends T2 Naysayers After Poster Claims Mod Pitched Dozens Of ‘Programs’ Now In Scams Folder”

  1. Hi Patrick,
    It is hilarious watching these lying scammers try to come up with new excuses to keep people’s money after the old, worn out, SOP excuses are exhausted. When has any ‘newspaper’ printed anything whatsoever about his ponzi schemes? And my legitimate business doesn’t have any issues even though the scammer says that they do.

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  2. Separately posting on the MoneyMakerGroup Ponzi forum as “Peakr8,”

    On the other ponzi promoting forum dreamteammoney, there is also a member with the user ID of Peakr8. A post he wrote says:

    My name is David Bell and I am totally new to this forum
    [snip]
    I have spent the past 15 years involved in all forms of internet marketing, some mainstream and some niche. I have run ecommerce websites, all the way from having product built in China to selling to the public in the UK and globally. I have setup and run 2 very good companies and have owned my own brand of generators and my own brand of musical instruments. I have had many business dealings at a high level in India and China as well as Thailand.

    Google tells me that there is a “David Bell” associated with generator businesses based in the UK. No idea if is the same person.

    The domain “peakr8.com” is registered to “Detecht Ltd” with an address that looks like a virtual office. The Admin contact is “Bell, David”. Further digging in Google brings up a “David Bell” from Oxfordshire. Even further digging brings up an email address associated with the Oxfordshire “David Bell” and JSSTrippler2, and the Peakr8 on MMG. I think “David” is the David Bell from Oxfordshire.

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  3. The ‘I’m going to the police” story has got to be in line for the Whopper of the Century prize.

    Can you imagine the hilarity when:

    a guy walks into a police station and says:

    “Hi, my name is peakr8/detecht/David Bell and I run an illegal HYIP ponzi cycler which uses an anonymous payment processor and doesn’t keep records or pay taxes and I’m here to report a crime”

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  4. What was truly amazing to me was how Dave/David/peakr8/dtecht magically found his voice at MMG after the three who were raising very legitimate questions were given a “Holiday” by mmgjcm.

    Instead of taking their comments and disputing them one by one with facts, Dave and all his aliases elected to hide in the bushes until they could no longer respond to any of his comments to post. Instead he went on another one of his rants against them, but claiming they were the ones breaking the TOS of MMG; when he knew it was safe to do so. But what was really funny was when he claimed they made posts without any facts, yet he failed to point out just what facts he had to prove what they posted was incorrect. Too funny. Sure sounds like a legitimate business operator to me, how about you?

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  5. What is truly a sham is the idea that mmgcjm, mod om MMG,aka T2cjm, mod in the T2 “program” can be at all objective in carrying out any moderating duties. That is comparable to a debate moderator participating in the actual debate. Any guesses who would win?

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  6. Also in regard to Dave’s update, he makes mention of how he is going to inject outside revenue into his venture. What is fascinating is that the very act he is going to use, he complained about when it happened to him.

    What am I talking about? Well, Dave complained that he got taken when he purchased simplyfreeweb. His complaint, it was all bogus traffic. So now how does he propose to inject outside income into his program? By doing the same thing to someone else that was done to him in purchasing simplyfreeweb. Here’s his direct quote:

    “We will be setting up a quanity of forums and blogs, and each one will need to receive page views from the members, also there will be blog commenting tasks and forum posting tasks. This is to build up a high alexa rank with a massive amount of original content and high pageview count which sets a great foundation for SEO and advertising revenue etc. We will give attention to each website for approx one month for forums and 2 weeks per blog. We will be looking to flip (resell) one forum every 3 days and 3 blogs per day. This will bring in a tremendous amount of income every month, yet another huge injection to add to the membership fees and the withdrawal fees. All these actions combined assures that we NEVER fall into the category of ‘a ponzi scheme.'”

    Uh, Dave, this is called pump and dump and it does make you a Ponzi scheme. I only hope if a person is dumb enough to purchase one of these sites from you, and when they realize they have been had, sue your a$$et$ off.

    Real business my backside.

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  7. Since he is going to require members to post and comment as a condition of getting paid for their “investments” seems like conspiring or perhaps coercing participation in fraud doesn’t it?

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  8. Quick note:

    “Ken Russo” — in addition to T2 and JSS Tripler, also pitched the TCN “program” with obvious Phil Piccolo ties.

    Plus, Club Asteria and OneX, the program that accused Ponzi schemer Andy Bowdoin of ASD is flogging:

    http://patrickpretty.com/2011/10/25/developing-story-awaiting-trial-accused-adsurfdaily-schemer-andy-bowdoin-resurfaces-as-pitchman-for-onex-opportunity-flogged-on-ponzi-forums-i-believe-that-god-has-brought-us-onex-to-provide/

    See Comments thread below story.

    Lots of proceeds from lots of schemes are being mixed and matched.

    Patrick

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  9. laidback: What is truly a sham is the idea that mmgcjm, mod om MMG,aka T2cjm, mod in the T2 “program” can be at all objective in carrying out any moderating duties. That is comparable to a debate moderator participating in the actual debate. Any guesses who would win?

    I figured out this a long time ago that all these money-making forums are bought by scammers. And like in casino, you can not go against the house. They even bought some scum busting websites like scam.com.

    Basically if you have no basic financial knowledge or street smarts and trying to figure out if you are joining a scam, good luck finding out truth.

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  10. laidback: Since he is going to require members to post and comment as a condition of getting paid for their “investments” seems like conspiring or perhaps coercing participation in fraud doesn’t it?

    Since “investment” is a fraud, what the difference to him if he piled one more fraud on top of first one? These are professional scammers. I would not be surprised if he would show up of homes of most vocal “investors” with a gun to shut them up. A lot of HYIP owners are recidivist criminals who used to do it person to person and now switched to Internet. Nothing would surprise me at this point.

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