UPDATE: WordPress Boots Alleged Profitable Sunrise Pitchman Named In CONSOB Action

vdprojectitalyWordPress has booted a Blogger named in an April 2 order by CONSOB, the Italian securities regulator.

The Blog of Daniele Verzari now carries this message:

“vdprojectitaly.wordpress.com is no longer available.

“This blog has been archived or suspended for a violation of our Terms of Service . . .”

HYIP schemes spread in part through Blog pitches and pitches on social-media sites such as Facebook, YouTube and Twitter. In 2010, the Financial Industry Regulatory Authority (FINRA) said HYIP purveyors create “the illusion of social consensus, which is a common persuasion tactic fraudsters use to suggest that ‘everyone is investing in HYIPs, so they must be legitimate.’”

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3 Responses to “UPDATE: WordPress Boots Alleged Profitable Sunrise Pitchman Named In CONSOB Action”

  1. If only Facebook would do that. The first time I heard of Zeekler was when one of my friends on Facebook started posting daily how much he was paid “for giving away bids for free”.

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  2. It still amazes me that these idiots post stuff on the internet that lasts forever somewhere on the net; nice of them to provide evidence.

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