DEVELOPING STORY: U.S.-Based Website Listed In JSS Tripler-Related Action In Italy Suddenly Will Not Resolve To Server; Redirect To The Netherlands No Longer Works
Are the Ponzi clouds darkening for JSS Tripler? On Feb. 4, the PP Blog reported that a JSS Tripler-related website listed in an action by CONSOB, the Italian securities regulator, was based in the United States and had been programmed to redirect to the Netherlands several days after CONSOB announced the action. That domain — […]
Eugene (Ore.) Police Ask For Help In Unraveling Alleged Swindle; Local Businessman James Scott McKee Arrested On Securities-Related Charges Of Aggravated Theft
EDITOR’S NOTE: Although federal and state agencies get most of the headlines when a securities investigation occurs, local police agencies also find themselves opening securities probes and pursuing alleged offenders — as the story below demonstrates. James Scott McKee, a businessman and financial planner, was arrested yesterday by local police in Eugene, Ore., on charges […]
Investigators Outline Darren Berg’s Ponzi Haul: ‘Stunning’ Greed, Top Prosecutor Says; ‘No Moral Compass,’ Judge Comments When Ordering Washington State Schemer To Spend 18 Years In Jail
“The greed in this case is stunning. [Frederick Darren Berg] stole and squandered the dreams of hundreds: dreams of retirement, dreams of homeownership, dreams of a college education for their children and grandchildren. While we could not restore those dreams, today he was held accountable for his acts.” — U.S. Attorney Jenny A. Durkan, Western […]