BULLETIN: ‘MooreFund,’ A Ponzi-Board HYIP ‘Program’ Pushed By Achieve Community Huckster, Is Using Unauthorized Security Seal From Norton
BULLETIN: (Updated 8:17 a.m. ET Feb. 25 U.S.A.) An HYIP “program” that operates at MooreFund.com is using a “Norton Secured” seal that is not authorized, Symantec told the PP Blog late this afternoon.
Symantec, owner of the famous Norton brand, is a software and computer-security company. Its name is misspelled as “Symentec” on the FAQ page of MooreFund in an awkwardly worded passage that plants the seed Symantec and other security firms are providing deposit insurance.
Under a subhead that reads “How can I be sure that Moore Fund is licensed and safe,” the MooreFund site claims (italics added/verbatim):
Moore Property Investment Co Limited is registered in United Kingdom and verified by Worlds most popular security insurance company like Symentec-Norton (veriSign), Comodo and TRUSTe. MOORE PROPERTY INVESTMENT CO LIMITED holds a website identity assurance warranty of $1,750,000. This means that you are insured for up to $1,750,000 when relying on the information provided by IdAuthority on this site. US Patent Number 7,603,699.”
The PP Blog contacted Symantec after observing a YouTube promo today for MooreFund by Achieve Community huckster Rodney Blackburn. The Blog also contacted the U.K.’s Financial Conduct Authority because MooreFund purports to operate from the United Kingdom through Moore Property Investment Co Ltd. FCA, closed for the evening, did not immediately respond to a request for comment.
Update 8:17 a.m. ET Feb. 25 U.S.A. Chris Hamilton, a spokesperson for FCA, declined this morning to comment specifically on MooreFund. Hamilton added, however, that “the FCA is one of a number of organisation that does investigate, and prosecute, Ponzi schemes. The other UK authorities include the Police and the Serious Fraud Office.” (Original story continues below . . .)
“They have insurance to cover . . . so, it helps you to feel, you know, more peace of mind in getting into an investment like this,” Blackburn says in his video for MooreFund. The 13:11 production is dated today and titled, “Moore Fund- Rodney’s Review on this HYIP.”
Blackburn also advised MooreFund registrants to place banner ads for the “program” on other HYIP sites. In what might be a troubling trend, HYIP schemes recently have been publishing ads for other HYIP schemes, a development that suggests tainted proceeds are circulating among any number of scams.
Achieve Community, which was charged by the U.S. Securities and Exchange Commission on Feb. 12 with operating a Ponzi- and pyramid scheme that had gathered more than $3.8 million, permitted members to place banner ads for other “programs.”
Like Achieve, MooreFund has a presence on well-known Ponzi-scheme forums such as MoneyMakerGroup and TalkGold. The “program” purports to offer four investment plans. These promise absurd daily interest rates of between 1.5 percent and 3 percent, with “compounding” available on three of the four plans and tiered recruitment commissions offered on all four.
Investors, according to the website, may send in sums from $15 to $99,999, a circumstance that suggests MooreFund is operating both a micro and macro scam.
MooreFund claims its accepts Bitcoin. It also claims prospects can send money via Western Union, bank wire and a range of processors, including well-known fraud enablers such as SolidTrustPay, Perfect Money and EgoPay.
The site includes a number of awkward passages in English such as “Fill up the form to make a new deposit,” “Sometime website is down due to ongoing maintenance work,” “You just have to contact the support department and ask for cancelling your investment” and “MooreFund minimizes risk level by offering deposit insurance system.”
This is the supposed insurance (italics added/verbatim):
Plan Beginner – 99.99% of the funds are insured
Plan Pro – 75% of the funds are insured
Furthermore, You can cancel and refund your money anytime between first 7 days of your deposit.
Using a calculator on the MooreFund site, Blackburn asserts that by compounding his $500 deposit over the course of a year, he’ll emerge with $53,721.54.
“Guys, that is a nice little nest egg right there,” he says.
All what I wanted is for Troy Barnes ?and Kristi Johnson to be remanded in prison for fraud. They should refund our money in full.
It’s now out of their hands.
The money is confiscated and accounts frozen.
Even if they did want to refund (and I’m not saying they do)there’s nothing they could do about it
The next stage is the SEC trying to track down any money they transferred overseas or not yet declared.
Quick notes: The MooreFund site is very similar to the site of SummitOilProfits, which was on the Ponzi boards in 2013. The Summit website is still active.
The MooreFund site also is very similar to the Rockfeller.biz site.
Screen shot from SummitOilProfits:
https://patrickpretty.com/wp-content/uploads/2015/02/summitoilprofits.jpg
Screen shot from MooreFund:
https://patrickpretty.com/wp-content/uploads/2015/02/moorefund575.jpg
Screen shot from Rockfeller.biz:
https://patrickpretty.com/wp-content/uploads/2015/02/rockfellerbiz575.jpg
Story on Rockfeller.biz:
https://patrickpretty.com/2015/02/09/achieve-community-huckster-rodney-blackburn-in-new-ponzi-board-hyip-scam-rockfeller-asset-management-limited/
Patrick
Quick note: Google cache for Feb 22, 2015 shows that Summit Oil Profits had the same phone number as Rockfeller: +44 (20) 3514 3669
Screen shot from cache of Summit Oil:
https://patrickpretty.com/wp-content/uploads/2015/02/summitoilprofitsphone.jpg
Screen shot from RockFeller.biz:
https://patrickpretty.com/wp-content/uploads/2015/02/rockfellerbizphone.jpg
Patrick
The patent cited above is for the software coding method to continuously display the hot linked logo of a company on a web page so that it remains on screen as you scroll down the page, not for any insurance or reliability function of the web page or its issuer.
Its another “magic words” phrase that so often pop up and gain traction in the ponzi scheme subculture to mislead readers. Some other examples of the general phenomenon would be when early schemes claimed to generate profits through FOREX trading, Achieve Community claims around Kristi’s “triple algorithm”, and “auto surfs” that claimed profits from selling advertising to non-affiliate customers and then inserting the pages of well known companies into the rotation of ads clicked so as to foll people into thinking that these well known companies were paying to advertise. Sometimes these “magic word” tricks catch on and are featured on many programs and sometimes they don’t, but the premise is that by using words and phrases that some hear around investments but often don’t understand, it makes the programs look like the supposed secrets that big companies and wealthy individuals use to make profits that are unsustainable but the victims are led to believe are common and a way “big money” unfairly makes these outlandish profits often denied to “common people”.
Nice summary, Gregg.
A recent example of this: eAdGear:
https://patrickpretty.com/2014/09/28/special-report-eadgear-program-allegedly-traded-falsely-on-names-of-famous-companies-and-brands-sec-contacted-google-yahoo-target-victorias-secret-and-more-to-refute-claims-separately/
An earlier scam involving an “algorithm.”
https://patrickpretty.com/2012/06/28/purported-secret-computer-program-and-proprietary-computer-algorithm-were-launching-ground-for-forex-swindle-feds-say-george-sepero-charged-amid-allegations-he-also-defrauded-elderly-widow-w/
Patrick
They changed Norton to Comodo sign.
Quick note: Rodney’s MooreFund promo now showing a message of “This video has been removed by the user.”
https://www.youtube.com/watch?v=sQMOeqM3X_c
Also see:
https://twitter.com/search?q=https%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3DsQMOeqM3X_c&src=typd
Patrick
Rodney maybe carefull now, but his right hand man Mike [Chitty] is promoting scams with abandon.
https://www.youtube.com/channel/UCh4vOB8PilhN0p89cTl-Ihg
I Meant Mike Chitty. Typo
Quick note: Mike Chitty’s YouTube account now is marked as such: “This account has been suspended due to multiple or severe violations of YouTube’s policy against spam, gaming, misleading content, or other Terms of Service violations.”
URLs for individual videos say: “This video is no longer available because the YouTube account associated with this video has been terminated.”
As noted earlier, Rodney Blackburn deleted a bunch of pitches. And he appears now to have formed the belief that the best way to sell a scheme on YouTube is via silent review.
A 5:44 video dated yesterday and titled “Daily Earnings- My Silent Review” consists of Rodney showcasing “Daily Earnings” (daily-earnings.com) with no accompanying narration.
The actual Daily Earnings site is displaying ads for other scams while hawking “AdPacks.” It seems to purport to operate from Istanbul, Turkey.
Among the claims (verbatim):
___________________________________________
We know why you’re unsure to decide because there are lots of scams outside there. But you will be safe. This is not a hype or scam program. Its damn simple, We need our client base with your help and we are paying for that.
___________________________________________
The “program” is on the MoneyMakerGroup Ponzi forum, with a thread-opening date of Feb. 26. The pitch begins with the semi-standard “I am not Admin.”
Lede:
___________________________________________
Brand new – just started a few hours ago biggrin.gif
“Daily-Earnings” is Ads affiliate program. We pay you the highest commissions in this industry. We pay you 40% Bonus for every AdPack. Can you earn 40% Interest rate from your local bank? Not likely!
It’s a real passive income. We’re not force you to click on ads to earn money, it’s the campaign where you need to bring customers and get paid.
You will definitely earn back $70.00 with every AdPack and more… How? Take a look on details mentioned below.
___________________________________________
Patrick
Post No. 94 from “suchymdt” at MoneyMakerGroup is a graphic-only version of an “I got paid” post. It appears to suggest that Daily Earnings” payments come from “Binary Expert Signals.”
Other “I got paid posts” suggest the cash comes from the daily-earnings dotcom, through Payza. PerfectMoney and SolidTrustPay appear also to be in play.
Patrick
Hello everyone, I’ll tell you a little of my experience with moorefund.
I am registered ah more than 60 days,
When atingio my balance to serve came the big problem
The secondary password needed to serve gave invalidates
I contacted the support several times and never heard back
They removed Skype Facebook
So that investors can not get in touch with them ..
Are not among this sleazy cold calling moorefund.
I’ll file a complaint in the police here in my country Brazil
It is my tip
Att; Luiz pereira