TalkGold

PP Blog Tag archives on references to "TalkGold."

REPORT: Nicholas Smirnow, Pathway To Prosperity Operator, Sentenced To Prison In Canada

REPORT: Nicholas Smirnow, Pathway To Prosperity Operator, Sentenced To Prison In Canada

Nicholas Smirnow, the operator of the Pathway To Prosperity Ponzi-board “program” charged with fraud by U.S. authorities in 2010, has been sentenced in Canada to seven years in prison. News of the sentence appeared Sept. 30 at MuskokaRegion.com. Smirnow was arrested in Canada for P2P-related crimes in 2014. The United States has submitted an extradition […]

SEC: Claims That Traffic Monsoon Was A Successful Advertising Business ‘Merely An Illusion’

SEC: Claims That Traffic Monsoon Was A Successful Advertising Business 'Merely An Illusion'

“The complaint alleges that more than 99% of Traffic Monsoon’s revenue is derived from new investor funds, making claims that it is a successful advertising business merely an illusion.” — U.S. Securities and Exchange Commission, July 28, 2016 EDITOR’S NOTE: This (below) is the full litigation statement of the SEC on its Ponzi case against […]

At Chicago Symposium, SEC Highlights Pyramid Scheme Task Force And Notes ‘Whack-A-Mole’ Nature Of Online Scams

At Chicago Symposium, SEC Highlights Pyramid Scheme Task Force And Notes 'Whack-A-Mole' Nature Of Online Scams

“These frauds are easily duplicated, and at times, we find ourselves playing ‘whack-a-mole,’ chasing the same set of fraudsters who, after feeling a bit of heat, simply close down one scheme and quickly set up a new one under a different name.” — Andrew Ceresney, SEC Enforcement Division director, March 2, 2016 EDITOR’S NOTE: Type […]

Is Profitable Sunrise Pyramid Case At Risk? SEC Declines Comment

Is Profitable Sunrise Pyramid Case At Risk? SEC Declines Comment

The SEC this afternoon declined comment on an order by a federal judge in Atlanta that could lead to the dismissal of the agency’s 2013 case against Profitable Sunrise, an alleged international pyramid scheme and offering fraud targeted at U.S. residents by one or more murky figures. Such a dismissal almost certainly would embolden overseas HYIP scammers […]

BULLETIN: ‘TeamVinh,’ A Ponzi-Board ‘Program,’ Charged By SEC

BULLETIN: 'TeamVinh,' A Ponzi-Board 'Program,' Charged By SEC

BULLETIN: (8th Update 3:34 p.m. ET U.SA.) The SEC has gone to federal court in Minnesota, alleging that an enterprise known as “TeamVinh” that pushed something called “VPAKs” was operating a securities-fraud scheme targeted at MLMers. TeamVinh, which allegedly recruited more than 5,600 participants,  has a presence on the Ponzi boards, including MoneyMakerGroup and TalkGold. Recent chatter suggests the […]

Watch The Trailer For ‘Madoff’ And Think About How You Could Have Avoided Schemes Such As Zeek And TelexFree

Watch The Trailer For 'Madoff' And Think About How You Could Have Avoided Schemes Such As Zeek And TelexFree

ABC has made available the first trailer for “Madoff,” a network miniseries debuting Feb. 3, 2016. Richard Dreyfuss plays the notorious Ponzi schemer, with Blythe Danner starring as Ruth Madoff. Bernard Madoff’s name first appeared on the PP Blog nearly seven years ago, on Dec. 13, 2008. It has appeared numerous times since then. Says […]

STATS: High Interest Globally In Criminal Probe Involving Payza And Obopay

STATS: High Interest Globally In Criminal Probe Involving Payza And Obopay

On the past four Mondays — Oct. 26, Nov. 2, Nov. 9 and Nov. 16 — the PP Blog averaged viewership from 32 countries, according to a compilation of data from Jetpack summarized by the Blog. These numbers are typical. On any given day, viewers from between 25 and 40 countries arrive here. But on Oct. […]

BULLETIN: SEC Hits Another Ponzi-Board Scam; Action Against CashFlowBot (DollarMonster) May Cause Restlessness Among ‘Small’ Operators

BULLETIN: SEC Hits Another Ponzi-Board Scam; Action Against CashFlowBot (DollarMonster) May Cause Restlessness Among 'Small' Operators

BULLETIN: The SEC has gone to federal court in Atlanta, charging the alleged operator of CashFlowBot (DollarMonster) with operating a Ponzi scheme. The “program” had a presence on Ponzi-scheme forums such as TalkGold and MoneyMakerGroup. James A. Evans, 33, of Villa Rica, Ga., has been charged with selling unregistered securities and securities fraud. The SEC […]

‘Bacon’ Crumbles — And Yet Props Up MAPS

'Bacon' Crumbles -- And Yet Props Up MAPS

EDITOR’S NOTE: The interconnectivity of fraud schemes is one of the core dangers of the HYIP sphere. Stolen proceeds continually cycle between and among scams, making banks and payment vendors virtual warehouses for cross-border criminals and their serial enablers. The problem may be intensifying. More and more HYIP schemes appear to be using script kits […]

SEC Declines Comment On ‘IntellaShares’ And Its Purported ‘BLACKLIST’; Ponzi-Board ‘Program’ Trades On Name Of Save The Children

SEC Declines Comment On 'IntellaShares' And Its Purported 'BLACKLIST'; Ponzi-Board 'Program' Trades On Name Of Save The Children

UPDATED 11:31 A.M. EDT U.S.A. In 2010, the Federal Trade Commission took action against an online venture known as iWorks. This allegation appeared on Page 7 of the FTC’s Dec. 21, 2010 complaint: “They have also attempted to drive down their chargeback rates by threatening to report consumers who seek chargebacks to an Internet consumer […]

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 […]