FBI

PP Blog Tag archives on references to "FBI."

No Immediate Comment From Federal Reserve On Claims Related To Emerging BitClub Network ‘Program’

No Immediate Comment From Federal Reserve On Claims Related To Emerging BitClub Network 'Program'

UPDATED 12:27 A.M. EDT SEPT. 22 U.S.A. The PP Blog today contacted the Board of Governors of the Federal Reserve System, owing to claims concerning the emerging BitClub Network “program” that is being pitched by certain members of the $850 million Zeek Rewards Ponzi- and pyramid scheme. Known in shorthand as the Fed, the Federal […]

Warrant Issued For Arrest Of Eric Matthew Frein, Pennsylvania Man Suspected Of Ambushing 2 State Troopers At Rural Barracks In Cowardly Nighttime Attack

Warrant Issued For Arrest Of Eric Matthew Frein, Pennsylvania Man Suspected Of Ambushing 2 State Troopers At Rural Barracks In Cowardly Nighttime Attack

2nd Update 11:35 p.m. to note that Frein has been added to the FBI’s 10 Most Wanted Fugitive List. Normalcy has not returned to Monroe County in the Pocono Mountains region of Northeastern Pennsylvania. Two troopers allegedly were ambushed outside their barracks in a nighttime, shift-change attack at the Blooming Grove station in nearby Pike […]

BULLETIN: MLM Attorney Jeffrey Babener Told TelexFree It Was Operating Pyramid Scheme Months Before Collapse, But MLM ‘Program’ Continued To Collect Money, Bankruptcy Trustee Says

BULLETIN: MLM Attorney Jeffrey Babener Told TelexFree It Was Operating Pyramid Scheme Months Before Collapse, But MLM 'Program' Continued To Collect Money, Bankruptcy Trustee Says

BULLETIN: (2nd Update 5:26 p.m. EDT Sept. 16 U.S.A.) The court-appointed trustee in the TelexFree bankruptcy case says in court filings that MLM attorney Jeffrey Babener advised TelexFree in August 2013 that it was operating a pyramid scheme. TelexFree nevertheless continued to collect money, Trustee Stephen B. Darr said. Just two months earlier — in […]

Attorney General References ISIS Recruiting Efforts; ‘We Have Established Processes For Detecting American Extremists Who Attempt To Join Terror Groups Abroad,’ Holder Says

Attorney General References ISIS Recruiting Efforts; 'We Have Established Processes For Detecting American Extremists Who Attempt To Join Terror Groups Abroad,' Holder Says

“Today, few threats are more urgent than the threat posed by violent extremism. And with the emergence of groups like ISIL, and the knowledge that some Americans are attempting to travel to countries like Syria and Iraq to take part in ongoing conflicts, the Justice Department is responding appropriately.” — Eric Holder, U.S. Attorney General, […]

BULLETIN: Government Of Colombia Investigates TelexFree, Ties

BULLETIN: Government Of Colombia Investigates TelexFree, Ties

BULLETIN: The government of Colombia appears to be seizing assets linked to four Colombians with alleged ties to TelexFree, which authorities in the United States have described as a massive cross-border pyramid- and Ponzi scheme. La Superintendencia de Sociedades, Colombia’s Superintendency of Companies, has published notices of the action. (See link to document (Spanish) below.) […]

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 […]

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 […]

SPECIAL REPORT: Prior To Brazil’s TelexFree-Related ‘Operation Orion,’ United States Used Same Name In Sting; U.S. Department Of Homeland Security Has Office In Brasilia And History Of Cooperating With Brazilian Investigators

SPECIAL REPORT: Prior To Brazil's TelexFree-Related 'Operation Orion,' United States Used Same Name In Sting; U.S. Department Of Homeland Security Has Office In Brasilia And History Of Cooperating With Brazilian Investigators

If you’ve been following TelexFree developments, you’ve probably heard about “Operation Orion,” the code name for the investigation that led to raids against TelexFree’s Ympactus arm last week by the Brazilian federal police. The Orion name was chosen, police said, because it fit splendidly within the context of a pyramid-scheme case. How so? The Pyramids […]

Say It Ain’t So, Lefty! Phil Mickelson’s Name Surfaces In Insider-Trading Probe

The Wall Street Journal and the New York Times are reporting tonight that golfer Phil Mickelson’s name has surfaced in an insider-trading probe that also involves billionaire investor Carl Icahn and Las Vegas sports bettor William “Billy” Walters. Reports say Mickelson was approached today by the FBI at the Memorial golf tournament hosted by Jack […]

DISTURBING: Report Of TelexFree-Related Kidnapping And Extortion Bid

DISTURBING: Report Of TelexFree-Related Kidnapping And Extortion Bid

La Republica, a newspaper in Peru, is citing information from police and reporting that a TelexFree promoter in the country was kidnapped Thursday afternoon and held in a van. The PP Blog cannot independently verify the report, which suggests the kidnapping was carried out by TelexFree members who ordered the man to withdraw money from […]

FBI, Homeland Security Establish Site, Questionnaire For TelexFree Victims

FBI, Homeland Security Establish Site, Questionnaire For TelexFree Victims

The FBI and the U.S. Department of Homeland Security have established a website for individuals who believe they were defrauded by TelexFree, an alleged pyramid- and Ponzi scheme the Massachusetts Securities Division says gathered more than $1.2 billion. Here is a link to a statement by the FBI and DHS. The page includes a link […]