SEC

PP Blog Tag archives on references to "SEC."

URGENT >> BULLETIN >> MOVING: SEC Calls ‘Wings Network’ A ‘Ponzi And Pyramid Scheme'; Firms, Executives And A Dozen Promoters Charged

URGENT >> BULLETIN >> MOVING: SEC Calls 'Wings Network' A 'Ponzi And Pyramid Scheme'; Firms, Executives And A Dozen Promoters Charged

URGENT >> BULLETIN >> MOVING: (14th update 3:19 p.m. ET U.S.A.) The U.S. Securities and Exchange Commission has gone to federal court in Massachusetts, alleging the “Wings Network” MLM “program” is a Ponzi and pyramid scheme that gathered at least $23.5 million. Wings Network purported to offer “digital and mobile solutions to customers, including apps […]

BULLETIN: ‘MooreFund,’ A Ponzi-Board HYIP ‘Program’ Pushed By Achieve Community Huckster, Is Using Unauthorized Security Seal From Norton

BULLETIN: 'MooreFund,' A Ponzi-Board HYIP 'Program' Pushed By Achieve Community Huckster, Is Using Unauthorized Security Seal From Norton

BULLETIN:  (Updated 8:17 a.m. ET Feb. 25 U.S.A.) An HYIP “program” that operates at MooreFund.com is using a “Norton Secured” seal that is not authorized, Symantec told the PP Blog late this afternoon. Symantec, owner of the famous Norton brand, is a software and computer-security company. Its name is misspelled as “Symentec” on the FAQ […]

BULLETIN: Troy Barnes, Kristi Johnson Invoke 5th Amendment In SEC’s Pyramid/Ponzi Case; Barnes Tells Agency He Is ‘Target’ Of Criminal Investigation; SEC Says Barnes ‘Discussed’ Moving ‘Victim Funds’ Outside Of United States

BULLETIN: Troy Barnes, Kristi Johnson Invoke 5th Amendment In SEC's Pyramid/Ponzi Case; Barnes Tells Agency He Is 'Target' Of Criminal Investigation; SEC Says Barnes 'Discussed' Moving 'Victim Funds' Outside Of United States

BULLETIN: “Achieve Community” Ponzi/pyramid defendants Troy Barnes and Kristi Johnson have informed the U.S. Securities and Exchange Commission that they have invoked their Fifth Amendment right not to incriminate themselves in the agency’s civil case. A deposition scheduled for Barnes Feb. 20 in Detroit was canceled. So was a deposition set for Johnson today in […]

SPECIAL REPORT: How The SEC Silently Squared Off Against ‘Achieve Community’ In The Days Leading Up To The Asset Freeze

SPECIAL REPORT: How The SEC Silently Squared Off Against 'Achieve Community' In The Days Leading Up To The Asset Freeze

EDITOR’S NOTE: The personnel information in the first section below is gleaned from public records in the SEC’s pyramid- and Ponzi case against the “Achieve Community” and alleged principals Kristi Johnson and Troy Barnes. Some of the numbered points include additional notes by the PP Blog. These notes are based on public records or information […]

BULLETIN: Zeek Receiver Sues Alleged ‘Winners’ In Norway

BULLETIN: Zeek Receiver Sues Alleged 'Winners' In Norway

BULLETIN: (5th update 8:31 p.m.) Zeek Rewards receiver Kenneth D. Bell has sued more than a dozen alleged “winners” with residencies in Norway. These are believed to be the first cases against defendants in Europe. Bell previously has sued U.S. residents and residents of Australia, New Zealand, Canada and the British Virgin Islands. As is […]

URGENT >> BULLETIN >> MOVING: SEC Charges ‘Achieve Community,’ Troy Barnes, Kristi Johnson; Federal Judge Approves Asset Freeze

URGENT >> BULLETIN >> MOVING: SEC Charges 'Achieve Community,' Troy Barnes, Kristi Johnson; Federal Judge Approves Asset Freeze

URGENT >> BULLETIN >> MOVING: (17th update 3:07 p.m. ET U.S.A.) The U.S. Securities and Exchange Commission has charged “Achieve Community” (as Work With Troy Barnes Inc.) and alleged operators Troy A. Barnes and Kristine L. Johnson with operating a combined pyramid- and Ponzi scheme that raised more than $3.8 million. A federal judge in […]

In Wake Of Asset-Seizure Claim, Videos By ‘Achieve Community’ Huckster Rodney Blackburn Go Missing From You Tube

In Wake Of Asset-Seizure Claim, Videos By 'Achieve Community' Huckster Rodney Blackburn Go Missing From You Tube

With “Achieve Community” members posting on Facebook over the long President’s Day weekend claims attributed to co-founder Troy Barnes that he was under criminal investigation and assets had been seized, something seemed a bit odd on YouTube: Search results appeared to demote Rodney Blackburn in listings when the term “Achieve Community” was entered into the […]

EDITORIAL: Case Against Alleged New York Scammer With Eye-Pleasing Website Could Help Educate ‘Achieve Community’ Members And Newcomers Who Encounter The Ponzi Boards — If They Choose To See

EDITORIAL: Case Against Alleged New York Scammer With Eye-Pleasing Website Could Help Educate 'Achieve Community' Members And Newcomers Who Encounter The Ponzi Boards -- If They Choose To See

EDITOR’S NOTE: This is one to think about if you’re an “Achieve Community” fan who’s moved over to the “Rockfeller” Ponzi-board scam while asserting its professional-looking website puts you at ease — even though you don’t know who’s running the purported company and apparently have formed the irrational belief that engaging a “chat” attendant through […]

BULLETIN: Zeek Receiver Sues Alleged ‘Winners’ In New Zealand And British Virgin Islands

BULLETIN: Zeek Receiver Sues Alleged 'Winners' In New Zealand And British Virgin Islands

BULLETIN: (9th update 9:57 p.m. ET U.S.A.) Zeek Rewards receiver Kenneth D. Bell has sued alleged “winners” with residencies in New Zealand and the British Virgin Islands. One BVI winner is alleged to have gained more than $2 million from Zeek’s combined Ponzi- and pyramid scheme. Bell identified her as Agnita Solomon of Road Town, […]

Court Filings Show Self-Identified Church Sent $10,000 To Zeek Rewards 9 Days Before Collapse; 2 Other Checks From An Individual Were Marked ‘Blessing’

Court Filings Show Self-Identified Church Sent $10,000 To Zeek Rewards 9 Days Before Collapse; 2 Other Checks From An Individual Were Marked 'Blessing'

UPDATED 8:42 P.M. ET U.S.A. Members of the faith community joining MLM HYIP schemes is a problem. It happened with the $119 million AdSurfDaily Ponzi scheme and the $72 million Legisi scam in 2008, for example. It’s happening currently with the “Achieve Community” scheme. Earlier, members of TelexFree  — an alleged $1.8 billion pyramid scheme […]

Zeek Figure Robert Craddock’s Fun Club USA Severely Sanctioned In Trademark-Infringement Case; Judge Orders Default For Failure To Follow Court Order

OfferHubb.net Inc. sued Zeek Rewards figure Robert Craddock in February 2014, alleging Craddock “immediately” embarked on a web-based disparagement campaign after OfferHubb chose in July 2013 not to renew a contract with Craddock and Craddock’s Fun Club USA Inc. Co-defendants included Craddock’s wife, Sylvia Salgado Craddock, and Fun Club. Craddock was accused in the complaint […]