Legisi

PP Blog Tag archives on references to "Legisi."

ANOTHER MLM PR DISASTER: Zhunrize, Alleged Worldwide Pyramid Scheme That Gathered $105 Million, Was Presented As A ‘Plan B’

ANOTHER MLM PR DISASTER: Zhunrize, Alleged Worldwide Pyramid Scheme That Gathered $105 Million, Was Presented As A 'Plan B'

2ND UPDATE 5:25 P.M. EDT U.S.A. Purported “Plans B” are one of the core signatures of the the MLM HYIP sphere, which is known for incredibly toxic global frauds such as Zeek Rewards and AdSurfDaily. In 2009, an ASD reload scam known as AdViewGlobal was positioned as a “Plan B.” The individual schemes of Zeek […]

FAITH SLOAN: Blame TelexFree, Merrill, Wanzeler, Labriola And Nehra, Not Me

FAITH SLOAN: Blame TelexFree, Merrill, Wanzeler, Labriola And Nehra, Not Me

UPDATED 8:55 P.M. EDT U.S.A. Veteran HYIP huckster Faith Sloan told a federal judge presiding over the SEC’s TelexFree case that she is a victim of the company and was duped by TelexFree executives James Merrill, Carlos Wanzeler and Steve Labriola. And, the former Noobing, Zeek Rewards and Profitable Sunrise pitchwoman asserted, she also was […]

EDITORIAL: TelexFree’s La-La Land Leaves Trail Of Missed Signals, Willful Blindness And MLM Arson

EDITORIAL: TelexFree's La-La Land Leaves Trail Of Missed Signals, Willful Blindness And MLM Arson

In case you missed the big news yesterday, TelexFree figures James Merrill and Carlos Wanzeler were charged criminally. Unofficially this brings the number of charged MLM HYIP “programs” (or clients) with links to MLM attorney Gerald Nehra to three in recent years. Nehra was an “expert witness” for AdSurfDaily in 2008. He testified that ASD, […]

FROM COURT FILINGS: TelexFree Promoter Faith Sloan To SEC: ‘Why Are You Picking On Me?’

FROM COURT FILINGS: TelexFree Promoter Faith Sloan To SEC: 'Why Are You Picking On Me?'

(3nd Update 9:16 A.M. EDT, May 11, 2014 U.S.A.) When contacted by the U.S. Securities and Exchange Commission April 17 by phone, alleged TelexFree promoter and securities swindler Faith Sloan shot back, “Why are you picking on me? There are bigger promoters than me.” The assertion is contained in new SEC filings dated yesterday in […]

BULLETIN: Tata Group, Famous Business Concern In India, Says Fraudsters Trading On Its Name To Push HYIP Scheme; Purported Agriculture ‘Program’ Has Presence On The Ponzi Boards

BULLETIN: Tata Group, Famous Business Concern In India, Says Fraudsters Trading On Its Name To Push HYIP Scheme; Purported Agriculture 'Program' Has Presence On The Ponzi Boards

BULLETIN: (3rd Update 8:32 a.m. ET, Feb. 20 U.S.A.) The Tata Group, a global conglomerate based in India, says its name has been stolen by an HYIP Ponzi scheme. The fraud scheme is associated with a domain styled TataAgro.com and has a presence on the MoneyMakerGroup, TalkGold and DreamTeamMoney Ponzi forums, according to search results. […]

TelexFree Affiliate Pitches Appear To Have Been ‘Scraped’ To Drive Traffic To Purported Gold And Silver Venture In Panama; Spam Link Leads To Site That Showcases ‘First Zeek Red Carpet Event’ And ‘Banners Broker’ In Folder Labled ‘aaronsharazeek’

TelexFree Affiliate Pitches Appear To Have Been 'Scraped' To Drive Traffic To Purported Gold And Silver Venture In Panama; Spam Link Leads To Site That Showcases 'First Zeek Red Carpet Event' And 'Banners Broker' In Folder Labled 'aaronsharazeek'

UPDATED 7:36 P.M. ET (U.S.A.) Let’s say you’re out there feverishly flogging the TelexFree MLM even as the pyramid-scheme probe moves forward in Brazil, a judge and prosecutor have been threatened with death and TelexFree executive Carlos Costa is pulling an Andy Bowdoin and telling the world that God used him to bring the purported […]

Accused Identity Thief May Have Had User ID At TalkGold Ponzi Forum, KrebsOnSecurity Reports; Hieu Minh Ngo, A Vietnamese National, Jailed In United States After Plot ‘To Steal And Sell’ Personally Identifiable Information From More Than 500,000 Individuals, Feds Say

Accused Identity Thief May Have Had User ID At TalkGold Ponzi Forum, KrebsOnSecurity Reports; Hieu Minh Ngo, A Vietnamese National, Jailed In United States After Plot 'To Steal And Sell' Personally Identifiable Information From More Than 500,000 Individuals, Feds Say

EDITOR’S NOTE: KrebsOnSecurity is written by Brian Krebs, who worked as a reporter for the Washington Post from 1995 to 2009. Our thanks to a PP Blog reader who brought our attention to information highlighted in the story below. Although the PP Blog is focusing on the TalkGold angle, the KrebsOnSecurity report covers much more, […]

Legisi HYIP Ponzi Pitchman Matthew John Gagnon Is In Federal Custody

Legisi HYIP Ponzi Pitchman Matthew John Gagnon Is In Federal Custody

Will it be the shot heard ’round the HYIP world — or will serial Ponzi-board and social-media fraudsters continue to pretend it is meaningless? Matthew John Gagnon, a 45-year-old pitchmen for the $72 million Legisi HYIP Ponzi scheme and other online fraud schemes, is listed as an inmate at Federal Correctional Institution (FCI) in Sheridan, […]

Full Statement Of SEC On Criminal Conviction, Prison Sentence, Restitution Order And Civil Liability Of Legisi HYIP Ponzi Operator Gregory N. McKnight

EDITOR’S NOTE: As the PP Blog reported on Aug. 6, Legisi HYIP Ponzi-scheme operator Gregory N. McKnight was sentenced to 188 months in federal prison. McKnight is 53. He was ordered taken into custody immediately after sentencing last week and is listed as “in transit” to an unspecified detention facility. Legisi was promoted in part […]

**[UNCONFIRMED]** Report In Brazil Says Prosecutors Have Asked U.S. Court To Block TelexFree Accounts, New Signups **[UNCONFIRMED]**

**[UNCONFIRMED]** Report In Brazil Says Prosecutors Have Asked U.S. Court To Block TelexFree Accounts, New Signups **[UNCONFIRMED]**

**[UNCONFIRMED]** A report in Brazilian media translated by Google Translate from Portuguese to English says that prosecutors in Brazil have asked a U.S. court to prevent new members from joining TelexFree and to block the accounts of TelexFree figures Carlos Wanzeler, James Merrill, Carlos Costa and Lyvia Wanzeler. The PP Blog could not immediately confirm […]

URGENT >> BULLETIN >> MOVING: Legisi HYIP Operator Gregory McKnight Sentenced To More Than 15 Years In Federal Prison

URGENT >> BULLETIN >> MOVING: Legisi HYIP Operator Gregory McKnight Sentenced To More Than 15 Years In Federal Prison

URGENT >> BULLETIN >> MOVING: Gregory N. McKnight, the operator of the $72 million Legisi HYIP Ponzi scheme popularized in part on the TalkGold and MoneyMakerGroup forums, has been sentenced to 188 months in federal prison for wire fraud and ordered to pay more than $48.9 million in restitution. McKnight also was ordered to serve […]