Archive for November 2015

BULLETIN: SEC Of The Philippines Calls EmGoldEx A Ponzi Scheme That Spawned Cascading Frauds

BULLETIN: SEC Of The Philippines Calls EmGoldEx A Ponzi Scheme That Spawned Cascading Frauds

EDITOR’S NOTE: Officials in the Philippines not only are using securities laws in the EmGoldEx prosecution, but also a relatively new law against cybercrime in that nation. This potentially could stiffen penalties. As noted below, EmGoldEx also caused trouble in the United States. UPDATED 10:43 A.M. ET U.S.A. EmGoldEx was a Ponzi scheme that morphed into entities known […]

As Was Case With DFRF Enterprises And Rojo Filho, YouTube Promos Played Role In Criminal Ponzi Prosecution Of The Achieve Community’s Troy Barnes

As Was Case With DFRF Enterprises And Rojo Filho, YouTube Promos Played Role In Criminal Ponzi Prosecution Of The Achieve Community's Troy Barnes

Still promoting your securities scam on YouTube? As the PP Blog reported on Oct. 3, YouTube promos for the alleged DFRF Enterprises’ Ponzi scheme were cited in two of three wire-fraud counts against accused operator Daniel Fernandes Rojo Filho. Filho, allegedly at the helm of a fraud that gathered tens of millions of dollars, has […]

Is Jeunesse Rep Trying To Raid Vemma, Usana, Amway And Mary Kay Downlines? And Is Affiliate A Lawyer?

Is Jeunesse Rep Trying To Raid Vemma, Usana, Amway And Mary Kay Downlines? And Is Affiliate A Lawyer?

On Oct. 24, the PP Blog reported that Truth In Advertising (TINA.org) had raised concerns about health-related claims surrounding the Jeunesse MLM, including a claim from an apparent rep that a product known as Jeunesse Reserve had reversed the course of gangrene in a patient with diabetes who was facing an amputation. Today the PP Blog is reporting that […]