Month: September 2010
-
Michael Goldberg Pleads Guilty In $100 Million Ponzi Scheme Featuring Bogus ‘Diamond’ Sales And Bogus Ties To JP Morgan Chase Bank; Gov’t Describes Scammer As Financial Predator And Pitchmen As ‘Feeders’
EDITOR’S NOTE: The story of Michael Goldberg’s long-running Ponzi scheme is one that also includes a form of domain-name fraud. Goldberg, for example, created a website that used the name of JP Morgan Chase. Scammers routinely seek to piggyback off well-known brands to separate people from their money, sometimes using the names of famous firms…
-
MLM Wireless Distributor’s Delusion Exposed: Walmart To Release Its Own Cell-Phone Plan: $45/Mo. For Unlimited Talk/Text And 100 MB Of Data — With No Contract Or Credit Check
UPDATED 9:32 P.M. EDT (U.S.A.) If you’ve been bashing your brains out in an unsuccessful bid to sell cell-phone packages MLM-style — and if you believed Data Network Affiliates (DNA) when it said in April that it was offering an unlimited talk and text package for $10 a month with a free phone — you…
-
Images Of Walmart, Donald Trump, Warren Buffet Removed From MPB Today Website; Testimonials Go Missing, Too; Affiliate Bashes Obama, Hillary Clinton In Promo
UPDATED 7:32 P.M. EDT (U.S.A.) Images of a Walmart store and business tycoons Donald Trump and Warren Buffet have gone missing from the landing page of a website operated by MPB Today, a multilevel-marketing (MLM) firm that operates a 2×2 cycler matrix tied to a grocery business known as Southeastern Delivery in Pensacola, Fla. The…
-
MPB Today Operator Was Subject Of Inquiry By U.S. Food And Drug Administration For ‘Cell Rejuvenator’ Product That Claimed To Treat Lou Gehrig’s Disease, Alzheimer’s, Down Syndrome
Gary Calhoun, the operator of a multilevel-marketing (MLM) program that is targeting Food Stamp recipients, Ponzi scheme victims, foreclosure subjects and people of faith, received a warning letter in 2006 from the U.S. Food and Drug Administration for his marketing of a product that claimed to treat multiple diseases, according to federal records. Calhoun, who…
-
BULLETIN: USDA Conducting ‘Review’ Of Food Stamp Claims Made By MPB Today Affiliates; ‘We Take This Matter Very Seriously,’ Agency Says
BULLETIN: UPDATED 9:21 P.M. EDT (U.S.A.) The U.S. Department of Agriculture (USDA) has opened a “review” of claims made by affiliates of a Florida-based, multilevel-marketing company, the agency said late this afternoon. Members of MPB Today, an MLM program owned by a Pensacola-based grocery seller known as Southeastern Delivery, have targeted recipients of Food Stamps…
-
Prisoner Who Ran Scam From Florida Jail Sentenced To 21 Years In Federal Prison; Willoughby Farr of West Palm Beach Operated ‘Cramming’ Scheme
A Florida man who operated a long-distance billing scam from the West Palm Beach County Jail has been sentenced to 262 months in federal prison. Willoughby Farr, 46, used three Palm Beach companies to pull off the “cramming” scam in which consumers were billed for calls they did not make, prosecutors said. He also faces…