Archive for February 11th, 2013

Legisi HYIP Pitchman Matthew John Gagnon Pleads Guilty, Admits He Didn’t Disclose ‘Touting’ Compensation Of More Than $1 Million And Caused More Than $7 Million In Losses

Legisi HYIP Pitchman Matthew John Gagnon Pleads Guilty, Admits He Didn't Disclose 'Touting' Compensation Of More Than $1 Million And Caused More Than $7 Million In Losses

Legisi HYIP Ponzi-scheme pitchman Matthew John Gagnon has pleaded guilty in the Eastern District of Michigan to a criminal charge of not disclosing he’d been paid more than $1 million by Legisi and its operator Gregory N. McKnight to tout the “program” online. In a plea agreement now public after being fashioned in October and […]

NORTH CAROLINA: Jonathan Davey, Figure In Infamous ‘Black Diamond’ And ‘Divine Circulation Services’ Ponzi And Fraud Caper, Convicted On All Counts; Jury Returned Verdicts In 45 Minutes

NORTH CAROLINA: Jonathan Davey, Figure In Infamous 'Black Diamond' And 'Divine Circulation Services' Ponzi And Fraud Caper, Convicted On All Counts; Jury Returned Verdicts In 45 Minutes

UPDATED 7:08 P.M. ET (U.S.A.) Jonathan D. Davey, a Newark, Ohio, certified public accountant and purported hedge-fund manager, has been convicted of all four counts against him in the “Black Diamond” and “Divine Circulation Services” Ponzi and fraud schemes in the Western District of North Carolina. A federal jury, according to prosecutors, took only 45 […]

BULLETIN: CFTC Alleges Robert Stanley Harrison Of Easley, S.C., Was Presiding Over Fraud Scheme That Guaranteed ‘100 Percent Profits’ In 90 Days Through Investors Choice Advisors LLC Commodity Pool; Federal Judge Freezes Assets

BULLETIN: CFTC Alleges Robert Stanley Harrison Of Easley, S.C., Was Presiding Over Fraud Scheme That Guaranteed '100 Percent Profits' In 90 Days Through Investors Choice Advisors LLC Commodity Pool; Federal Judge Freezes Assets

BULLETIN: In a case filed under seal last week, the CFTC accused Robert Stanley Harrison of Easley, S.C.. of presiding over a commodity-pool and Forex fraud scheme in which investors were guaranteed a return of 100 percent in 90 days. The seal now has been lifted, and U.S. District Judge G. Ross Anderson has granted […]

BULLETIN: Mass Shooting At Delaware’s New Castle County Courthouse

BULLETIN: Mass Shooting At Delaware's New Castle County Courthouse

A mass shooting occurred this morning at the New Castle County Courthouse in Wilmington, Del., multiple media outlets are reporting. Wilmington is the state’s largest city. The Wilmington News Journal is reporting that two women were killed by gunfire and three other people were wounded. Among the wounded are two Capitol police officers. The gunman […]