Archive for July 12th, 2013

Full Statement Of SEC On Criminal Conviction, Restitution Order And Civil Liability Of ‘Serial’ HYIP Ponzi Pitchman Matthew J. Gagnon

Full Statement Of SEC On Criminal Conviction, Restitution Order And Civil Liability Of 'Serial' HYIP Ponzi Pitchman Matthew J. Gagnon

EDITOR’S NOTE: As the PP Blog reported Wednesday, HYIP Ponzi-scheme pitchman Matthew John Gagnon has been sentenced to five years in federal prison. On Thursday, the SEC released the statement reproduced below. Here’s hoping it will be the shot heard around the HYIP Ponzi World. Still pushing HYIPs on your websites and social-media sites, in […]