Archive for September 19th, 2014

No Immediate Comment From Federal Reserve On Claims Related To Emerging BitClub Network ‘Program’

No Immediate Comment From Federal Reserve On Claims Related To Emerging BitClub Network 'Program'

UPDATED 12:27 A.M. EDT SEPT. 22 U.S.A. The PP Blog today contacted the Board of Governors of the Federal Reserve System, owing to claims concerning the emerging BitClub Network “program” that is being pitched by certain members of the $850 million Zeek Rewards Ponzi- and pyramid scheme. Known in shorthand as the Fed, the Federal […]

British Women Convicted For Roles In Cash-Gifting Pyramid Scheme With Bridal Theme

British Women Convicted For Roles In Cash-Gifting Pyramid Scheme With Bridal Theme

In May 2012, three American women and alleged “leaders” of a cash-gifting pyramid scheme were arrested in Connecticut for their roles in the purported “opportunity,” a pyramid that featured so-called “Women’s Gifting Tables” and had a food theme. Two of the woman later were sentenced to prison. The third woman was placed on three years’ […]