Archive for September 2nd, 2014

TelexFree Figure Carlos Costa Suffers Heart Attack

TelexFree Figure Carlos Costa Suffers Heart Attack

EDITOR’S NOTE: On Sept. 4, a PP Blog reader who understands Portuguese posted a link to a story that confirms from a medical source that Carlos Costa suffered a heart attack on Sept. 2 and is being treated at Meridional Hospital in Cariacica in the state of EspĂ­rito Santo. Here is a link in […]

DEVELOPING STORY: Zeek Receiver Seeks Temporary Restraining Order ‘Necessary To Prevent Further Dissipation And Waste Of The Assets At Issue’

DEVELOPING STORY: (Updated 9:44 a.m. EDT Sept 3, U.S.A.) The court-appointed receiver in the Zeek Rewards Ponzi- and pyramid case has asked a federal judge for a Temporary Restraining Order he says is necessary to prevent “further dissipation and waste” of certain assets. Receiver Kenneth D. Bell asked that the motion be filed under seal. […]

ZEEK RECEIVER: ‘No Comment’ On BitClub Network Story

ZEEK RECEIVER: 'No Comment' On BitClub Network Story

Zeek receiver Kenneth D. Bell had “no comment” this morning on an Aug. 30, PP Blog story that reported Zeek figure T. LeMont Silver now was pushing a murky “program” called “BitClub Network.” Bell has raised concerns that Silver is a serial promoter of Zeek-like schemes to defraud. As the PP Blog noted yesterday, Silver […]