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BULLETIN: Lyoness, ‘Plan B’ Program Of Zeek And ASD Figure Keith Laggos, Charged In Australia With Operating ‘Pyramid Scheme’

BULLETIN: Lyoness, 'Plan B' Program Of Zeek And ASD Figure Keith Laggos, Charged In Australia With Operating 'Pyramid Scheme'

BULLETIN: (Updated 2:35 p.m. EDT U.S.A. Aug. 29) Lyoness, the purported “Plan B” scheme of Zeek Rewards and AdSurfDaily figure Keith Laggos, has been charged in Australia with operating a pyramid scheme. News of the Australian prosecution was published tonight by BehindMLM.com. The Australian Competition and Consumer Commission (ACCC) has issued a statement on the […]

Citing Missing Affidavit And Inconsistencies, Indiana Rejected TelexFree Telecom Application

Citing Missing Affidavit And Inconsistencies, Indiana Rejected TelexFree Telecom Application

UPDATED 6:20 P.M. EDT U.S.A. The Indiana Utility Regulatory Commission rejected TelexFree’s telecom application on June 11, 2014, according to records in the state. TelexFree filed the application on March 24, requesting “CONFIDENTIAL TREATMENT OF THE FINANCIALS OF TELEXFREE, LLC,” according to records. On April 13, TelexFree filed for bankruptcy protection in Nevada. On April […]

Illinois Issued Order Against Profitable Sunrise Figure Nanci Jo Frazer In March 2014

Illinois Issued Order Against Profitable Sunrise Figure Nanci Jo Frazer In March 2014

Saying it had “credible evidence” of fraud, the state of Illinois issued a temporary prohibition order in March 2014 against Profitable Sunrise figure Nanci Jo Frazer. The order by the Securities Department of Secretary of State Jesse White also applied to purported Profitable Sunrise operator “Roman Novak,” as well as Profitable Sunrise itself and Inter […]

BIZARRE: Purported ‘Sovereign Citizen’ Causes Interstate Traffic Tie-Up After Allegedly Crashing SUV Loaded With ‘Live Chickens, Marijuana, Firearms, And Improvised Explosive Devices’

A Pennsylvania man reportedly already facing charges he failed to yield to an emergency vehicle in that state allegedly crashed his SUV on I-79 in West Virginia on Friday, tying up traffic for hours, causing truck drivers to be late with their loads and handing police yet another bizarre case involving a purported “sovereign citizen.” […]

URGENT >> BULLETIN >> MOVING: Brazilian Attorney Living In United States Calls TelexFree A Massive Pyramid- And Ponzi Scheme And Becomes Co-Plaintiff In Racketeering And Fraud Complaint Against Company, American Lawyers, Accountant And Vendors

URGENT >> BULLETIN >> MOVING: Brazilian Attorney Living In United States Calls TelexFree A Massive Pyramid- And Ponzi Scheme And Becomes Co-Plaintiff In Racketeering And Fraud Complaint Against Company, American Lawyers, Accountant And Vendors

URGENT >> BULLETIN >> MOVING: (1st Update 8:13 p.m. EDT U.S.A.) A Brazilian attorney living in Massachusetts and studying law in the United States is among the co-plaintiffs listed in a racketeering and fraud lawsuit filed yesterday against TelexFree, its officers and executives and accountant, MLM attorney Gerald Nehra and various financial vendors. The case […]

BULLETIN: Receiver For WCM777 MLM ‘Program’ Says California Lobbying Firm Received $750,000

BULLETIN: Receiver For WCM777 MLM 'Program' Says California Lobbying Firm Received $750,000

BULLETIN: (7th update 6:59 p.m. EDT U.S.A.) The court-appointed receiver in the SEC’s WCM777 pyramid- and Ponzi-scheme case says she is seeking court approval to pursue claims against a California lobbying firm that allegedly received $750,000 from accused scammer Ming Xu and performed no work. Some WCM777 MLM affiliates claimed $14,000 sent to the “program” […]

PONZITRACKER.COM: New Ponzi Scheme Uncovered Every 118 Hours; Alleged TelexFree Fraud Heads 2014 List

PONZITRACKER.COM: New Ponzi Scheme Uncovered Every 118 Hours; Alleged TelexFree Fraud Heads 2014 List

If you’re a student or educator or employee or boss with a traditional M-F schedule, chances are you’ll be hearing about a new Ponzi scheme before the final bell rings or the final whistle blows on Friday. During the first six months of 2014, a Ponzi scheme was discovered every 4.9 days (or every 118 […]

BULLETIN: U.S. TelexFree Probe May Expand Overseas

BULLETIN: U.S. TelexFree Probe May Expand Overseas

BULLETIN: Federal prosecutors in the United States have informed a federal judge that “evidence underlying this case is closely tied to certain foreign countries, especially Brazil” and that “it is likely that the parties will need to review evidence in foreign countries and arrange for foreign witnesses and/or law enforcement officers to travel to the […]

Missouri Raised ‘Grave Concerns’ Over TelexFree

Missouri Raised 'Grave Concerns' Over TelexFree

The staff of the Missouri Public Service Commission raised “grave concerns” that permitting TelexFree’s telecom registration to remain intact in the state could “assist in the perpetuation of a fraud on investors,” records show. Missouri approved the registration in March 2014. TelexFree applied for it the previous month, according to records. Those records included a […]

URGENT >> BULLETIN >> MOVING: Court Grants Approval For Zeek Receiver To Sue International Winners

URGENT >> BULLETIN >> MOVING: Court Grants Approval For Zeek Receiver To Sue International Winners

URGENT >> BULLETIN >> MOVING: A U.S. federal judge has approved a motion by the receiver in the Zeek Rewards Ponzi- and pyramid-scheme case to sue alleged “net winners” who live outside the United States. Receiver Kenneth D. Bell sought the authority “to file one or more actions in this Court and in foreign courts […]

Purported ‘Sovereign Citizen’ Who Bizarrely Claimed His Authority Came From ‘The Vatican’ Convicted Of Issuing Bogus Diplomatic Credentials

Purported 'Sovereign Citizen' Who Bizarrely Claimed His Authority Came From 'The Vatican' Convicted Of Issuing Bogus Diplomatic Credentials

EDITOR’S NOTE: U.S. Immigration and Customs Enforcement (ICE) and Homeland Security Investigations (HSI) are referenced in the story about purported “sovereign citizen” James T. McBride below. ICE/HSI also are involved in the investigation of the alleged TelexFree Ponzi- and pyramid scheme. Whether TelexFree had any “sovereign citizens” in its ranks is unclear. “Sovereign citizens,” however, […]