Archive for February 2017

REPORTS: Traffic Monsoon Pitchman Who Urged ‘RIOT’ And Called Receiver ‘Lying Cow’ Later Accused Of Kicking Woman ‘To The Head’

REPORTS: Traffic Monsoon Pitchman Who Urged 'RIOT' And Called Receiver 'Lying Cow' Later Accused Of Kicking Woman 'To The Head'

UPDATED 1:36 P.M. ET U.S.A. Jose Nunes, the Traffic Monsoon pitchman who last fall used a slogan of “RIOT” to support the company and called the receiver in the SEC’s Ponzi case a “lying cow,” later reportedly was involved in domestic-violence incidents in November and January. A Feb. 6 report in the North Wales (U.K.) […]

Kristine Johnson Of ‘The Achieve Community’ Scam Sentenced To 21 Months

Kristine Johnson Of 'The Achieve Community' Scam Sentenced To 21 Months

2ND UPDATE 8:38 P.M. EDT U.S.A. Kristine Louise “Kristi” Johnson, one of the two principals of “The Achieve Community” (TAC) Ponzi- and pyramid scheme, has been sentenced to 21 months in federal prison, the office of U.S. Attorney Jill Westmoreland Rose of the Western District of North Carolina said moments ago. The SEC sued Johnson […]

BULLETIN: Paul Burks Of Zeek Rewards Sentenced To More Than 14 Years; Judge Comments On ‘Cheerleaders’

BULLETIN: Paul Burks Of Zeek Rewards Sentenced To More Than 14 Years; Judge Comments On 'Cheerleaders'

3RD UPDATE 4:52 P.M. ET U.S.A. Paul Burks, the principal behind the $939 million Zeek Rewards Ponzi- and pyramid scheme broken up by the SEC and the U.S. Secret Service in August 2012, has been sentenced to 176 months in federal prison, the office of U.S. Attorney Jill Westmoreland Rose of the Western District of North Carolina […]

Zeek Net-Winner Notifications Expected To Begin Soon; Receiver To Establish ‘Net Winnings Determination Response Portal’

Zeek Net-Winner Notifications Expected To Begin Soon; Receiver To Establish 'Net Winnings Determination Response Portal'

If you’re a net winner in the massive Zeek Rewards’ Ponzi- and pyramid scheme, your notice that you must return your ill-gotten haul with interest may arrive as early as next week. Under the terms of a court order by Senior U.S. District Judge Graham C. Mullen, the notice will apply to more than 9,000 alleged winners […]

BULLETIN: TelexFree Trustee Moves For Default Judgments Against Dozens Of Alleged Overseas ‘Winners’

BULLETIN: TelexFree Trustee Moves For Default Judgments Against Dozens Of Alleged Overseas 'Winners'

BULLETIN: TelexFree Trustee Stephen B. Darr has moved for assessments of damage and default judgments against dozens of alleged overseas “winners” in the massive Ponzi- and pyramid scheme. The motion before Chief U.S. Bankruptcy Judge Melvin S. Hoffman of the District of Massachusetts asks for millions of dollars from about 33 TelexFree promoters with non-U.S. […]