Archive for August 13th, 2013

URGENT >> BULLETIN >> MOVING: 2 Connecticut Cash-Gifting Pyramid Schemers Sentenced To Combined 10.5 Years In Federal Prison; Probe ‘Ongoing,’ Feds Say

URGENT >> BULLETIN >> MOVING: 2 Connecticut Cash-Gifting Pyramid Schemers Sentenced To Combined 10.5 Years In Federal Prison; Probe 'Ongoing,' Feds Say

URGENT >> BULLETIN >> MOVING: UPDATED 10:18 P.M. EDT (U.S.A.) Two Connecticut women convicted of wire fraud and filing false tax returns in a multimillion-dollar cash gifting scam have been sentenced to a combined 10.5 years in federal prison, federal prosecutors announced tonight. Donna Bello, 57, was sentenced to six years. Jill Platt, 65, was […]

BULLETIN: Songkram Roy Shachaisere, Figure In AdSurfDaily Ponzi Story, Indicted With 8 Others In ‘One Of The Largest International Penny Stock Frauds In History’

BULLETIN: Songkram Roy Shachaisere, Figure In AdSurfDaily Ponzi Story, Indicted With 8 Others In 'One Of The Largest International Penny Stock Frauds In History'

BULLETIN: Songkram Roy Shachaisere, a sidebar figure in the AdSurfDaily Ponzi scheme story, has been indicted with several others in what federal prosecutors in the Eastern District of New York are calling “one of the largest international penny stock frauds in history.” The probe “used wiretaps in the United States and undercover agents in foreign […]

Full Statement Of SEC On Criminal Conviction, Prison Sentence, Restitution Order And Civil Liability Of Legisi HYIP Ponzi Operator Gregory N. McKnight

EDITOR’S NOTE: As the PP Blog reported on Aug. 6, Legisi HYIP Ponzi-scheme operator Gregory N. McKnight was sentenced to 188 months in federal prison. McKnight is 53. He was ordered taken into custody immediately after sentencing last week and is listed as “in transit” to an unspecified detention facility. Legisi was promoted in part […]