URGENT >> BULLETIN >> MOVING: JSS Tripler Banned By Italian Securities Regulator CONSOB; ‘Marketing The Offering’ Is ‘Prohibited,’ Agency Announces

URGENT >> BULLETIN >> MOVING: CONSOB, the Italian securities regulator, has banned promos for JSS Tripler, the purported arm of a “program” known as JustBeenPaid that has advertised a daily return of 2 percent and a monthly return of 60 percent.

In an English translation on CONSOB’s website this morning, the regulator described JSS Tripler as an “investment programme” and named an individual promoter. The wording may have global significance because it suggests that the Italian government views JSS Tripler as a venture that is offering unregistered securities through unregistered brokers.

“Opportunities” similar to JSS Tripler/JustBeenPaid have triggered both civil and criminal prosecutions in the United States.

Here is what CONSOB published in English:

“In accordance with Art. 101, section 4, letter c) of Italian Legislative Decree no. 58/1998 (the “Consolidated Law on Finance”), Consob has prohibited marketing the offering to the public of the investment programme named JSS Tripler, implemented by Mauro Messina through the website http://gruppounitoworld.com and, in accordance with Art. 101, section 4, letter b) of the Consolidated Law on Finance, suspended for a further thirty-day period, marketing the offer to the public of the investment programmes named JSS Tripler, RicoChet Riches, System Explosion and Macro Trade implemented through the website < http://vizconsigli.com (resolutions nos. 18178 and 18179 of 18 April 2012).

The marketing activities in question had previously been subject to a 90-day suspension under resolutions 18075 and 18076 of 20 January 2012 (see “Consob Informs” no. 4/2012).

(In Consob Informa n. 17/12 – 23 April 2012)

JSS Tripler-related claims first came under the CONSOB lens in January.

In online conference calls, Frederick Mann — JSS/JBP’s purported operator — has declined to identity the purported opportunity with a nation-state. At least one website linked to Mann showcases content about a purported “sovereign citizen” under indictment in Alaska in an alleged murder plot targeting public officials.

Link to CONSOB’s English translation.

About the Author

10 Responses to “URGENT >> BULLETIN >> MOVING: JSS Tripler Banned By Italian Securities Regulator CONSOB; ‘Marketing The Offering’ Is ‘Prohibited,’ Agency Announces”

  1. I feel sorry for people like you, so full of negativity.

    You can’t wait for something to happen so that you can report it..

    Journalists and reporters make news out of anything, so I consider the source..

      (Quote)

  2. The two web sites mentioned http://gruppounitoworld.com and http://www.vizconsigli.com/ both appear to be off line at the moment.

    Anonymous: Journalists and reporters make news out of anything, so I consider the source..

    I always consider the sauce. My fave is Nandos Peri-Peri Garlic.

      (Quote)

  3. “so full of negativity”, spoken like a true promoter and advocate of scams. Hopefully, the US Government will follow the Italians lead and close down these scams.

      (Quote)

  4. Anonymous: I feel sorry for people like you, so full of negativity.You can’t wait for something to happen so that you can report it..Journalists and reporters make news out of anything, so I consider the source..

    For starters, the Securities regulator of a European country is not a bad source. Carmona of Evolution Market Group / Finanzas Forex was arrested last year on ponzi charges in Spain,

      (Quote)

  5. Anonymous: I feel sorry for people like you, so full of negativity.You can’t wait for something to happen so that you can report it..Journalists and reporters make news out of anything, so I consider the source..

    For starters, the Securities regulator of a European country is not a bad source. Journalism doesnt even come into it. Carmona of Evolution Market Group / Finanzas Forex was arrested last year on ponzi charges in Spain, and the Spanish Regulator CNMV had already put out a warning that its promotors in Spain were not licensed to operate there. That is to quote just 2 cases in Europe where online schemes were stopped before they took more money from victims.

    I guess that, far from being “negative”, some governments take a dim view of having their citizens and those of other countries defrauded. That’s a fairly positive attitude in my book.

    Interesting that you see stopping fraud as negative.

      (Quote)

  6. Now we’ll see if/when other countries start to hop on board.

    Too bad government agencies don’t get to most of these ponzis until there are many millions to be lost or tens of thousands of individuals to get screwed.

      (Quote)

  7. Quick note: I have blocked “Anonymous” because:

    * He/she switched to a different username that also used the word “Anonymous” as its root.

    * He/she switched to a different email address that also used the word “Anonymous” as its root.

    * He/she switched to the second username and email address after the first of his/her follow-up posts late last night was not published instantly. (I was sleeping when it came in — and I view the switch in the username and email address as deliberate pestering and/or a bid to try to defeat the Blog’s security settings.)

    * He/she sent a comment while I was sleeping at 2:39 a.m. — from the second username/email address — asking me what I’m “afraid of.” (This was was sent after an earlier comment — at 12:05 a.m. from the second username/email address and while I was sleeping — that complained about being “blocked.”

    * He/she has not addressed the CONSOB announcement — the subject of this thread — in any of five submissions using two usernames and two email addresses. (Although I’d ordinarily publish such posts because the various deflections are very instructive to readers, I won’t in this case because of the supreme impatience, the switch in usernames/email addresses and the introduction of the conspiracy theory that I was “afraid” to publish the comments.)

    Patrick

      (Quote)

  8. admin: I won’t in this case because of the supreme impatience, the switch in usernames/email addresses and the introduction of the conspiracy theory that I was “afraid” to publish the comments.)

    Gee, one wonders what there is to be “afraid” of.

      (Quote)

Leave a Reply