ASA Monitor

“There is a line between First Amendment Rights vs. Libel here. So, when does your right to form an opinion begins (sic) and when does it constitute a defamation of character? The answer is, law enforcement agencies don’t pay attention to what’s being said on forums and blogs, so get your head straight and feet […]

EDITOR’S NOTE: Our definition of “fraud creep” — and suggestions on the context in which the term should be applied — appears lower in this story. First, some background . . . Investigators now are counting victims of massive, web-based fraud schemes tens of thousands at a time. Such scams pose both budgetary and logistical […]

UPDATED 10:56 A.M. EDT (U.S.A.) The ASA Monitor Ponzi and criminals’ forum now is redirecting to a website operated by CashX.com, a Canadian payment processor that hawks MasterCard debit cards and says it permits customers to withdrawn money to Liberty Reserve. Liberty Reserve is a Ponzi-friendly payment processor purportedly headquartered in Costa Rica after earlier […]

UPDATED 11:47 A.M. EDT (U.S.A.) An affiliate domain linked to the MPB Today “grocery” program implies the company offers “rebates” to prospects who join the MLM company. The domain redirects to an MPB Today-provided affiliate site, which includes an email address for the promoter. The promoter’s email address is associated with yet another domain — […]

A website that promotes the MPB Today “grocery” program is targeted at Spanish-speaking prospects and uses Walmart’s name in its domain name. Like at least three other websites linked to Florida-based MPB Today’s 2×2 matrix cycler, it is unclear if the site’s operator has Walmart’s permission to use its name in a domain name. The […]

BULLETIN: UPDATED 7:37 P.M. EDT (U.S.A.): The ASAMonitor Ponzi and criminals’ forum — the forum from which the purported MPB Today “grocery” program was being promoted and countless other fraud schemes were being promoted — suddenly has announced that the forum is closing. The announcement, which appeared today in red type, was made by “Wanrou,” […]

Yet-another domain linked to the purported MPB Today “grocery” program is using Walmart’s name in its domain name. The domain name is registered behind a proxy and uses images of Warren Buffet, Donald Trump and Sam Walton to position the opportunity as a “Freedom Club.” Sam Walton is the late founder of Walmart. It is […]

Sundays aren’t what they used to be. “Ken Russo” announced Sunday on the ASA Monitor Ponzi and criminals’ forum — a forum from which other promoters are targeting people of faith to join the MPB Today “grocery” program — that a member of his “team” is offering $50 “rebates” to entice prospects to sign up. […]

EDITOR’S NOTE: The ASA Monitor Ponzi forum now has reopened its thread on the MPB Today MLM program — with a warning in red to “Play nice . . .” UPDATED 9:54 A.M. EDT (U.S.A.) A forum infamous for promoting Ponzi schemes and other criminal pursuits has locked the thread from which the MPB Today […]

EDITOR’S NOTE: It has become increasingly clear that regulators and the law-enforcement community are rallying around a common theme that web-based promoters are using discussion forums and social-networking sites in bids to sanitize HYIP Ponzi schemes by positioning them as attractive investment opportunities and even a thrilling form of gambling that pays commissions. Today the […]

EDITOR’S NOTE: This story originally was published June 30. The PP Blog later encountered a database problem, which caused the site to go down and resulted in the temporary loss of some data. The data now has been retrieved. This story is about a new site known as “WebsiteTester.biz,” but some background is in order. […]