KABOOM! Agents Tie Alleged ‘Evolution Market Group’ Ponzi And HYIP Fraud Scheme To Narcotics Case In Arizona; Tens Of Millions Of Dollars Seized; Firms Promoted On ASA Monitor, TalkGold Forums

Kaboom! It has happened again. Explosive court filings by the government show that kneejerk apologists and defenders of High Yield Investment Programs (HYIPs) and autosurfs are quickly running out of cover when they assert that anything is noble or even real about the programs they relentlessly push for their share of purported profits from introducing others to the schemes.

A law-enforcement task force consisting of the U.S. Secret Service, the IRS and veteran investigators from other agencies that specialize in reverse-engineering complex money-laundering networks have tied funds from a widely promoted online HYIP to the international narcotics trade and a murky money-services business. Research shows that the program and offshoots could have gathered between $100 million and $200 million before the wanton criminality was exposed after exhaustive investigations. The program was advertised as lucrative and harmless on the Ponzi-friendly ASA Monitor and TalkGold forums.

Research by the PP Blog suggests the purported investment program was so sordid that promoters even claimed some of the funds were being used for the “humanitarian” purpose of assisting kidnapping victims in Colombia. In a sickening display of marketing theatrics, a claim was made that investors could “adopt” kidnapping victims for a payment of $1,000 and that the company would set aside $500 in corporate funds for each victim so that their families could have bright futures if the victims ultimately were released by their captors.

The HYIP scheme allegedly was associated with an entity known as Evolution Market Group (EMG), which purportedly had a Forex component known as FinanzasForex. Investigators alleged in January  that there were schemes within schemes in a tangled web of domestic and international deception that featured dozens of bank accounts, shell companies and various fronts for money-laundering enterprises, including companies purportedly in businesses such as real estate and car washes.

The scheme was so corrupt, according to court filings, that some investors were told that, in order to leave the program whole, they had to recruit new investors, have the new investors pay them directly — and use the proceeds from the new investors to “recover” their initial outlays.

Members of the same Florida-based task force also are involved in the AdSurfDaily autosurf Ponzi scheme investigation. In the ASD case, records show that the company once advertised a debit card federal prosecutors in Connecticut say was offered by a Dallas-based firm that laundered money for a narco business in Medellin, Colombia. The Dallas firm, known as Virtual Money Inc. (VM), also agreed to launder purported drug proceeds in the Dominican Republic, according to court filings.

Robert Hodgins, the operator of VM, is now an international fugitive wanted by INTERPOL.

ASA and TalkGold are infamous for promoting international financial frauds, with posters routinely describing the programs as legitimate. The very first post about the alleged EMG scheme at ASA referenced yet another Ponzi scheme — 12DailyPr0 — and informed prospects that they could earn commissions by introducing the alleged Forex component of EMG to others.

“I have been in internet business for 3 years now and in autosurf industry from 12dailypro,” an ASA poster began, while promoting EMG’s Finanzas Forex arm, which investigators now say was part of a grandiose scheme with tentacles in Central America, South America and Europe.

“And the (sic) you can earn also money from people under you if you want, you get 0,5% (sic) from every one that you bring (0,5% (sic) from his investment),” the poster said in April 2008.

Court filings in the EMG case paint a picture of an incredibly elaborate maze of companies and bank accounts set up to confuse both investors and law enforcement. At least 59 bank accounts, 294 bars of gold and nine luxury vehicles have been seized in the case. One of the cars was a 2008 Lamborghini Murcielago valued at more than $430,000.

The EMG allegations are explosive because they showcase the now-undeniable fact that people who promote programs such as HYIPs and autosurfs because such programs may pay “commissions” to recruit new members may be operating as fronts or conduits for international drug dealers and money-launderers.

Although ASD is not mentioned in a Task Force affidavit in the EMG case, forfeiture complaints against assets tied to both companies include similar allegations of wanton, relentless fraud. Compellingly, EMG allegedly sponsored “rallies” of members, an allegation in common with allegations in the ASD case. At the same time, research suggests that EMG touted offshore events in exotic locations.

AdViewGlobal, an autosurf with close ties to ASD, also touted offshore venues and once sponsored at least one meeting on a ship at sea, according to members.

Meanwhile, research suggests that both EMG and ASD went to great lengths to mask the schemes just prior to interventions by law enforcement and that both schemes had ties to narcotics traffickers and professional money-launderers.

Both the alleged EMG and ASD schemes were operating during the same general time period, roughly between 2006 and 2008, according to court filings. Each of the schemes had components of investment fraud that targeted people who spoke Spanish or English. Task Force agents have been investigating entities and individuals linked to EMG since June 1, 2008, including a mysterious entity known as DWB Holding Co.

“The conspiracy to commit wire fraud offenses that gives rise to this action is an international Ponzi/Pyramid scheme operated by Evolution Market Group (EMG) d/b/a Finanzas Forex, DWB Holding Company (DWB), Superior International Investments Corporation (SIIC), German Cardona (Cardona), Daniel Fernandez Rojo Filho (Rojo Filho), Pedro Benevides (Benevides) and others in which investors have been defrauded out of millions of dollars,” federal prosecutors said.

Federal agencies, including the U.S. Drug Enforcement Administration (DEA), seized “financial accounts” in DWB’s name during a drug investigation in Arizona, according to court filings in Florida. One account seized during the drug probe contained more than $24 million. The money was seized on Aug. 22 and Aug. 26, 2008, about three to four weeks after agents seized more than $80 million in the ASD case.

A section of U.S. law referenced in the EMG forfeiture complaint refers to “cocaine” and “marihuana,” among other drugs.

As the investigation progressed, agents established additional money-laundering links — and other bank accounts were seized, according to court filings. The precise mechanism by which purported investment money ended up in accounts seized in the drug case was not immediately clear.

Shameful Behavior By HYIP And ‘Surf Advocates

Still promoting autosurfs and HYIPs? Still selling yourself on the delusional theory that they’re harmless and that only “Socialists” or “Nazis” would support the government’s efforts to destroy them? Still arguing that journalists who write about the cases are “liberal” lackeys, have no understanding of the “real” issues and won’t be pleased until every single American entrepreneur is assigned an individual bureaucrat to make their lives miserable?

Still calling for federal prosecutors and Secret Service agents to be investigated because you love your downline commissions gleaned from Ponzi proceeds and the sale of unregistered securities, don’t want to part with them and figure that, if only you scream loudly enough and long enough, you’ll be able to persuade your fellow Americans that the cops are the real crooks?

In August 2009, the PP Blog reported that members of ASD, which is implicated in an autosurf  Ponzi scheme involving tens of millions of dollars, advertised that the company used the debit-card services of VM in Dallas. Research suggests that Hodgins or a VM designate attended an ASD function in Florida shortly after ASD’s launch in late 2006.

Prosecutors said that VM helped the Colombian drug operation offload at least $7.1 million in illegal proceeds at automated teller machines in Medellin. Medellin once was home base of the infamous Medellin Cartel, operated by drug lord and terrorist Pablo Escobar. Escobar was killed by Colombia National Police in 1993.

Escobar was implicated in the assassination of Colombian presidential candidate Luis Carlos Galán and the bombing of Avianca Flight 203 over Colombia, which killed 110 people.

Autosurf and HYIP promoters long have claimed that participation in the illegal enterprises is harmless. The indictment against VM — and the allegations that it laundered money for a Colombian drug organization — demonstrates the dangers of participating in murky businesses in which participants have no way of knowing what is in the hearts and minds of other participants.

It was not immediately clear how long ASD used the VM debit card, which was heavily promoted in early 2007 when ASD said it was having cash-flow problems. By 2008, ASD said it was generating tens of millions of dollars of revenue per week. Some members said they observed huge sums of cash and brief cases full of cashier’s checks at ASD rallies in Florida cities.

Two Colombian conspirators “directed their agents in the United States to provide proceeds of sales of controlled substances to agents of VIRTUAL MONEY, INC. to be sent to Colombia so the proceeds could be made available to the clients,” according to the indictment against Hodgins.

VM “stored value cards were used by the members of the conspiracy to make available at a Daviviendo Bank ATM in Medellin, Colombia the peso equivalent of US $2,430,810.24 in April 2006; US $2,437,023.53 in June 2006; and US $2,257,761.45 in August 2006,” prosecutors charged.

VM and its president, Robert Hodgins, were indicted under seal in 2008 in a case brought by the DEA. The seal was lifted in September 2008, a month after the U.S. Secret Service seized 15 bank accounts in the ASD case.

ASD was accused by the Secret Service of operating an international Ponzi scheme.

One of the alleged components of the ASD scheme was an autosurf named LaFuenteDinero, which targeted people who spoke Spanish. Records show that one of the Secret Service agents involved in the ASD investigation formerly was a member of a DEA Task Force in Florida and was experienced in “investigating large criminal organizations that distributed and sold controlled substances.”

In November 2009, the PP Blog reported that the Secret Service expressed a fear in court documents originally filed under seal that ASD President Andy Bowdoin had become aware of scrutiny into his business affairs in 2008 and planned to flee the United States.

“Based [on] ASD’s indication that it intends to cease accepting funds into [Bank of America] at the end of July 2008, Bowdoin’s indication that he has relinquished his interest in Golden Panda [Ad Builder], and an indication that Bowdoin intends to establish his offshore presence, and the recent complaints governmental authorities have received, I believe that Bowdoin is aware of increasing scrutiny and that he intends to move himself, his proceeds, and, until it collapses possibly his operation, offshore,” the Secret Service wrote in an affidavit.

Golden Panda was the purported “Chinese” arm of ASD, according to court filings.

The agency said Bowdoin had moved millions of dollars into Canada just prior to the seizure of his assets.

Read a warrant originally issued under seal Aug. 1, 2008, by U.S. Magistrate Judge Alan Kay, who ordered the U.S. Department of Homeland Security to seize a Bowdoin bank account that contained more than $31.6 million. The entire sum was in an account under Bowdoin’s name. Agents eventually seized at least nine other Bowdoin accounts that, in the aggregate, contained more than $34.2 million.

In recent days, the PP Blog  reported that the alleged INetGlobal autosurf Ponzi scheme in Minnesota, which allegedly targeted Chinese prospects,  had ties to at least three other Ponzi cases, including ASD and a separate Florida case in which it was alleged that the same debit-card company that provided services for INetGlobal provided services for a company implicated in a $22 million Ponzi scheme with ties to Panama.

Some INetGlobal members provided Chinese prospects instructions on how to offload profits onto debit cards that could be used to withdraw cash at ATM machines, according to promotional material for INetGlobal. About $26 million has been seized in the INetGlobal case.

INetGlobal-related entities such as Cash Cards International (CCI) and V-Cash now have been linked to a fourth financial-fraud scheme known as Megafund. In the $13 million Megafund case, it was alleged that CCI and V-Cash provided services for certain participants in the Megafund HYIP scheme. At least $175,000 purportedly transferred by a mysterious entity known as MexBank S.A. de C.V. passed through CCC and V-Cash, according to court filings.

The money was described in court filings as commission payments for the Megafund scheme. Authorities later determined that MexBank was “neither a bank nor a legitimate financial institution licensed” in Mexico, despite its official-sounding name.

Bradley C. Stark, one of the defendants in the Megafund case, was convicted in 2003 of possessing counterfeit government securities. He was released from prison and was on probation while participating in the Megafund scheme, according to court records. The scheme targeted Christians, and investors were told money was being directed to humanitarian causes.

Forbes magazine wrote about the Megafund case in July 2005, in a story titled “Too Good To Be True.”

Less than four years later, the AdViewGlobal autosurf sent an email to members that included Forbes’ logo in a sales pitch. Research showed that the logo had been hotlinked from Forbes’ website and that AdViewGlobal members were attempting to create the appearance that the famous publishing company had endorsed the autosurf scheme. Like the Megafund and EMG schemes, participants in AdViewGlobal were told a portion of the money was devoted to humanitarian causes, including a purported fund devoted to preserving the rainforest.

In the AdSurfDaily case, members said the company touted a contribution of 100,000 “ad packs” to a charity. The donation was used by promoters to position Bowdoin as a benevolent human being.

At an ASD rally in Las Vegas in 2008, Bowdoin asserted that he thanked God daily for making him a “money magnet,” and he implored members to imagine themselves coming into large sums of money through rebates on ASD advertising purchases that not only would return 100 percent of the cost of the members’ advertisements, but also pay them at least 25 percent beyond that — more if they rolled over a percentage of their purchases.

The payment-processing arm of INetGlobal also has been tied to a Ponzi scheme known as Learn Waterhouse, which purportedly advertised a presence in Mexico, according to court filings. Four people have been sentenced to lengthy prison terms in the Learn Waterhouse case, some of the underpinnings of which led to the successful prosecution of INetGlobal operator Steve Renner for income-tax evasion in December 2009.

Filings in the Learn Waterhouse case assert that Renner, who operated both CCI and V-Cash, used customers’ funds as though they were his own.

When the Learn Waterhouse receiver tried to reclaim the funds to make Ponzi victims as whole as possible, the money was not available because Renner had spent it on personal purchases, according to court filings.

If you are playing the HYIP and autosurf games, the PP Blog suggests you read these documents from the alleged EMG Ponzi case.

Task Force affidavit.

Amended Forfeiture Complaint in U.S. District Court in Orlando.

Still want to cheer for the HYIPs and autosurfs?

About the Author

38 Responses to “KABOOM! Agents Tie Alleged ‘Evolution Market Group’ Ponzi And HYIP Fraud Scheme To Narcotics Case In Arizona; Tens Of Millions Of Dollars Seized; Firms Promoted On ASA Monitor, TalkGold Forums”

  1. Quick note:

    This is a link to a petition signed by some ASD members for the U.S. Senate to investigate the prosecutors and the Secret Service:


    “Whereas the members of (ASD) Ad Surf Daily request the United States Senate hold hearings, and investigation of Mr. Michael B. Mukasey Attorney General, Mr. William Cowden, Mr. Jeffrey A. Taylor of the Attorney General Office . . .

    “Whereas, we as Americans have a right to advertise with any company without interferences by Attorney General and /or any of its agents . . .”


  2. Hi Patrick,

    It’s good to read that Finanzas Forex (enthusiastically promoted by Jake and the ASA forum a while ago) and German Carmona are named in the Evoultion Marketing Group investigation. The Spanish authorities already published a statement in 2008 stating that Finanzas Forex, German Carmona and his sidekick, ex-Dubli crown prince,Santiago Fuentes, were not authorised to deal in Spain, but the scheme has continued to collect followers (or better said, victims) in the Spanish and English speaking worlds.

    Once again, this latest investigation, raises the issue of the ENABLERS – the many payment processors and other elements of the finance industry – who permit the movement of vast sums of money, away from the controls and checks of the legitimate finance industry. Until these enablers are stopped, the financial fraud industry will continue to attract victims all over the globe. Canada, the Caribbean and Central America have been the countries of choice for the enablers. It is time that their goverments take steps to halt these institutions on their soil continuing to be enablers of crime.

  3. Yet ANOTHER link between HYIPs, money laundering, narcotics, tax evasion, sordid claims and international crime / criminals.

    One hesitates to once again expose ones “arrogance and condescending attitude” when commenting on such “innocent gambling games”

    BUT,here goes:


  4. What I don’t understand is two things:

    (1) How the Talk Gold, ASA Monitor and MoneyMakerGroup Forums of the world are allowed to continue to operate as they are basically advertising primarily illegal endeavors. To me it seems like an online store offering cocaine for sale and not being shut down by the authorities.

    How and why the owners like Jake Amatee and others are allowed to continue to profit by touting such illegal scams amazes me. Of course, I don’t understand how these programs/forum owners can sleep at night knowing they are hurting tens of thousands of people around the world.

    (2) Why the Government isn’t using these Forum (TalkGold, etc.) as the roadmap to fraud and to identify the top scamsters to go after.

    Actually, the regulators probably are monitoring those forums and I encourage all of the Top Promoters to continue to use these forums to tout your favorite online scams, HYIP, autosurf, etc. and to most assuredly create your own website and youtube videos holding up your checks and showing your profits into your e-currency accounts!

    Yep, create that easy to follow trail right to your front door so you can be dragged out of your house in a “little guy perp walk” in handcuffs, your wife telling you “I told you so” and your kids sobbing hysterically.

    Absolutely, make sure you promote these ponzi schemes!


  5. A Random Walk Rant: How the Talk Gold, ASA Monitor and MoneyMakerGroup Forums of the world are allowed to continue to operate as they are basically advertising primarily illegal endeavors.

    It’s a bit of a mystery. I’m sure you’ve noticed that they actively advertise obvious ponzi schemes, and are therefore profiting from fraud.

    A Random Walk Rant: Why the Government isn’t using these Forum (TalkGold, etc.) as the roadmap to fraud and to identify the top scamsters to go after.

    Another good question. A small amount of research will easily identify the most commonly used ponzi friendly web hosts and payment processors. Take away the people enabling & profiting from the fraud would restrict the size of the fraud.

    This particular one was also promoted at that other fraud promoting cesspit:

  6. Hey how bout this one. No Victims!!!! all the money taken is to be used by law enfocement. To fight in court. And start going after the winners. as in you know you were in 12dailypro. ASD AVG,Narc, and DNA and you did very well. Your going to JAIL!!!!!!!!!

  7. The sickest part about the Finanzas Forex scam was that they continued to promote it with impunity on MMG, ASA Monitor, Talk gold etc AFTER April 2008 when the Spanish regulatory authorities made their public warning VERY CLEARLY about this scheme.Link below is an official translation of the CNMV Statement


    In the end they “solved” their problems by stopping dealing with their spanish investors who, at the last count, were taking legal action against the owners of EMG


    (sorry you’ll need a translator for this one)

    The shameless way that the ponzi pimps promote these schemes and evade issues when they are raised is notable in the MMG link that Tony posted

  8. alasycia: The sickest part about the Finanzas Forex scam was that they continued to promote it with impunity on MMG, ASA Monitor, Talk gold etc AFTER April 2008 when the Spanish regulatory authorities made their public warning VERY CLEARLY about this scheme.Link below is an official translation of the CNMV Statement


    Many of the PP Blog’s readers will find that link helpful and informative, alasycia.

    Thank you.


  9. Good stuff- I have known about this evolution marketing group for some time now.. What about the promoters? The ones who were getting people to sign up? Why dont they go after them? What happend to Cardona? is he in prison? I think Finanzas Forex was big in Panama City, anyone know about this there?

  10. So what happens to the people who lost money??

  11. Usually they wait five years and get 10 to 30 cents back on the dollar….if they are lucky. Mileage varies.

    Tirso Guerrero: So what happens to the people who lost money??  

  12. […] highly complex HYIP schemes, including Traders International Returns Network (TIRN) and the alleged Evolution Marketing Group/FinanzasForex fraud […]

  13. Just for your informtin : EMG/FFX is expaned to Europe (South) is not the only one : we have now our own “Cordoba” in FIRSTFREEBANK . Is it possible that money from “ponzi” pyramides is inveseted in “escort” biz? I belive – YES!! How to find them? Is it possible to get shares in Cordoba¨s property / biz in % according to our investment in his FFX?

  14. I’m a victim of FFX in Brazil and do not know what to do. The people who convinced us to sign up in this business are our friends. I’m not sure if they are also victims. They don’t want to talk about this and we are afraid to go to the police. I have this Santi Fuentes added to my skype and asked him about the investments, but he didn’t reply. I know he has got a kind of resort business in Europe (which looks like a type of ponzi scheme).

  15. Juliana, I think you may be very diappointed if you are expecting to get any favorable result by contacting Santi Fuentes. He and Cardona were both referred to in the CNMV statement. His track record in Europe is well known as he has promoted a series of highly disreputable MLMs, in which lost money. I feel very sorry for anyone who is involved in any business with him.

    My advice is not to be afraid but to go straight to the authorities. Finanzas Forex (through EMG) already has some very serious charges against them, madea by the US Federal Authorities, as you will have read in this blog.

    Perhaps someone can give a link to the correct people to report your case to, but the police is not a bad start.

  16. Hello

    I am too a victim of the Finanzas Forex investment scam (as well as TIRN!).

    A group of European investors, mainly from Italy, Spain and Englang, have decided to get together and hire an international law firm which specialises in FOREX trading litigation to assist us with the recovery of the deposits. Most of the victims dont speak English or are too afraid to deal with SEC directly

    This law firm is already representing TIRN investors with SEC lawyers and accepted a no win no fee arrangement to help us out. The lawyers are still studying the case and collecting the documents, if anyone wants to join in or wants their contact details, send me an email and I will send you their online link and the application form to join this class action group


    [Deleted by Admin.]

  17. http://forex.aminadab.com/devolucion-de-fondos-a-inversores-de-finanzas-forex/

    Posiblemente muy buenas noticias para los inversores de finanzas forex que tienen sus fondos retenidos por parte del gobierno de estados unidos.

    Despues de una larga investigacion hacia evolution market group (finanzas forex) el gobierno de estados unidos a decidido devolver el dinero a los inversores.

    Es probable que Estados Unidos no devuelva el dinero a finanzas forex, sino que devolvera los fondos retenidos directamente a los inversores al parecer, para lo cual estan pidiendo envien el siguiente formulario antes del 31 de diciembre:


    Y al parecer lo mismo sucedera con los inversores de Alpha Trade Group quienes tambien podran enviar el siguiente formulario:


    Esta informacion la encontraran en la parte derecha de esta pagina:


    No podemos dar por hecho la devolucion de los fondos, probablemente sea algo que aun se este analizando, dejo a criterio de cada persona el enviar los formularios o no.

    Se desconoce el porcentaje de fondos que se devolvera asi como el tiempo que tardara el proceso, si desean mas informacion pueden contactarse directamente con este organismo en:


  18. […] referenced in the Wachovia lawsuit was the same Crowne Gold Inc. referenced in court filings in the EMG/FinanzasForex case.  The alleged EMG/Finanzas scheme was yet-another scheme pitched from the ASA Monitor and […]

  19. Is this the same Evolutions marketing Group that does the Debt relief with Global bank and the World Law Group, Meridien Law group and Norton and associates?

  20. […] person in Panama City is referenced in federal court filings that tie money from the alleged EMG/Finanzas Forex fraud scheme to an international narcotics probe that led to the seizure of at least 59 bank accounts in the […]

  21. […] on to "greater things" with Carmona of the Finanzas Forex / Evolution Marketing group . KABOOM! Agents Tie Alleged ‘Evolution Market Group’ Ponzi And HYIP Fraud Scheme To Narco… You will see he kept good company. lol.) Warning Letter to Internet Marketers on Fuel Saving […]

  22. […] Soler, also known simply as German Cardona, is referenced in U.S. court documents in the EMG/Finanzas Forex case. Federal prosecutors traced money seized in the case to the narcotics trade, according to U.S. court […]

  23. […] promoted by members of the AdLandPro “community” — as were ASD and Finanzas Forex (and many others) before […]

  24. […] What they are are recipes for financial and personal destruction that operate as slow-motion Ponzi schemes. They need to be destroyed, not duplicated. Far from being exciting, new niches — as some MLMers tell the story — they are form-shifting monsters that spread the greatest financial cancers devised in the history of mankind. They are so dangerous that external fraudsters target them as a means of unloosing secondary frauds — everything from the issuance and passing of bogus checks to organized credit-card fraud. Some of them have been linked to narcotics-trafficking or money-laundering operations. Some of the investigators who assisted in the ASD Ponzi case also developed this case. […]

  25. Update: US Attorney’s office has update Nov 2013 regarding remissions.


    And Mexican press has an article on this (in Spanish)


  26. K. Chang: Update: US Attorney’s office has update Nov 2013 regarding remissions.


    And Mexican press has an article on this (in Spanish)


    Thanks for this, K. Chang.


  27. This has, not the Midda’s touch, but the Daniel Fernandes Rojo Filho’s touch. Meaning it is trully gold.

    Once he is an expert in prospecting FOOL’S gold… lol

    Truth in 2010, so in 2015…



  28. Greetings to you, DMPontes.

    Thanks for sending this along. I’ve started to watch the video. The presenter is talking about “gold,” “humanitarian social projects, a “letter of credit,” a “global note,” a “master bond,” “insurance” and a purported guarantee.

    This causes me to wonder about whether DFRF is a marriage between a “traditional” HYIP, a prime-bank scheme and a shiny-object scheme.


  29. Indeed Patrick !
    Let me explain: I’m pretty much ‘unburying’ this excellent article of yours because I think this is the kind of information people MUST KNOW about the shiny man before putting their savings on his hand…
    I’m studying the EMG case and I’ll do my best to throw the sh*t on the fan, specially to the brazilian audience…
    This guy did the 1st scam on US soil, so in Brazil people know nothing about him and his past…

  30. Quick notes. There was a link from Twitter today that went to an Aweber page in Spanish. This appeared to be a bid to tell the folks they’d better join DFRF by tomorrow because the company had decided not to admit new members for a month.

    Along with that, it appeared to make the claim DFRF soon would go public on NASDAQ and that investors would double or triple their money. The claim suggests a preIPO.

    Lots and lots of landmines here.

    This is from the Spanish-to-English translation by Google Translate:


    Hello, first of all I wanted to say hello and wish a happy day … !!!

    The purpose of this email is to notify you that the May 5, 2015 is the deadline to join the Business Opportunity DFRF Enteprises …

    DFRF Enteprises has decided not to admit new members for a month to finish making the final adjustment and going public (NYSE: DFRF Enteprises will become a public company in USA and will be indexed in the NASDAQ)

    It’s an amazing story, and now I’ll explain why and verse ..

    With the imminent IPO tod @ s DFRF members who are active before May 5, 2015 automatically double even triple its capital …

    Same as if you’re reading …

    If you register your DFRF Enteprises before May 5, 2015 with an initial contribution of U $ D 1,000 Americans automatically when the company goes public your contribution will triple;)

    In addition, having all the advantages of being a member of DFRF preferential Enteprises: earn up to 15% of your contribution, generating 10% of the initial payment of each new referral, all capital contributions or insured by an International Insurance Policy (Business Without Risk) …

    What else could you want ?????

    CLICK HERE and CEO of DFRF Look Entperises explaining the latest novelty of DFRF

    If you are interested in being part of this great revolution called DFRF Enteprises, answers this email NOW and help you manage your log (Remember, we work directly with corporate of DFRF).

    This is your chance … !!!!

    See you soon!



  31. Quick note: There also is a purported news release today that is accessible via Twitter. It claims Daniel Fernandes Rojo Filho has been named “Brazilian Personality of the Year.”


  32. You mean, he was named ‘personality of the year’ in that article that resembles ‘the joke of the year’ ? lol
    I love the article, is very serious and professional (sic), clearly made by some great journalist… lol
    I like specially this part:
    “As with any successful business, Daniel’s efforts have been attacked by numerous competitors who have launched fake websites and published unfounded accusations about him and his thriving companies.”
    To conclude, I want to congrat Daniel cause he is making history here: Probly the first PERSON EVER to be named personality of the year in EARLY MAY OF THAT YEAR…

  33. Yeah THATS JUST GREAT ! Lets hope other regulatory agencies worldwide follow this lead and also ring the bells on DFRF scam.

    We are contacting our ‘SEC’ in Brasil (we call it CVM) and ask them to do the same.

    Lets hope USA, SPAIN PUERTO RICO, and so on do the same.


  34. Picking the pockets of the last missinformed canadians while you can… lol.
    Watch out PatrickPretty ! Teehee

  35. So, how did those complaints to the regulatory agencies turn out? And how did they explain the purported more than $145 Billion in assets managed by the Global International Private Fund that feeds the cash needed for this “scheme”? And did all you investigators actually check to see if the fund really does own the 52 Gold mines, the diamond mines, the shipping companies and the other various ore based mining and transportation operations that GIPF claims to own and claims to take in several billions in revenues annually? ANd how about that Platinum Swiss managed sovereign leveraged accounts they claim to manage with a 29% monthly return on investment?

    Let’s have some follow-up here!!!

  36. G. Arthur Joy:
    Let’s have some follow-up here!!!

    Here is your follow up… lol

    21 years in the EMG’s ‘new office’ for German Cardona, AKA ‘the spanish Madoff’.