Month: October 2012
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URGENT >> BULLETIN >> MOVING: Would-Be Bomber With Claimed al Qaeda Ties Arrested In Plot To Blow Up New York Federal Reserve Bank, FBI Says
“As alleged in the complaint, the defendant came to this country intent on conducting a terrorist attack on U.S. soil and worked with single-minded determination to carry out his plan. The defendant thought he was striking a blow to the American economy. He thought he was directing confederates and fellow believers.” — U.S. Attorney Loretta…
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Now, A ‘Turkish Bonds’ Ponzi Scheme Aimed At Retirees, Feds Say; 2 Men Charged In Illinois — And 1 Man Is ‘Fugitive’
EDITOR’S NOTE: This may be one for your “Bubba Blue” notebook on how to have your Ponzi scheme. A principal of USA Retirement Management Services and a pitchman have been charged in an alleged $28 million fraud scheme involving nonexistent “Turkish bonds” and targeted at senior citizens and “individuals with substantial savings,” federal prosecutors in…
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American Accused In Alleged California Ponzi Scheme And Wanted By INTERPOL Convicted In Drug Case In Ireland
A California man wanted by U.S. prosecutors in a Ponzi-scheme case was living in a rented house in Ireland and has been convicted in an Irish drug case, the Independent reported. Scott Edward Cavell, now 29, was described on the FBI website in 2009 as “still a fugitive, believed to be outside the United States.”…
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The Bizzare Saga Of Denny Ray Hardin: 10-Year Prison Sentence Of Purported ‘Sovereign Citizen’ Whom Prosecutors Said Tried To ‘Extinguish Over $100 Million Worth Of Debt’ Upheld By Appeals Court
EDITOR’S NOTE: In August 2011, the FBI warned of debt-elimination schemes advanced by purported “sovereign citizens.” The story below outlines a “bonded promissory notes” scheme advanced in Missouri by Denny Ray Hardin. It is worth noting that AdSurfDaily figure Kenneth Wayne Leaming is jailed near Seattle awaiting trial in a case that alleges he issued…
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2 California Members Tell Court Zeek Rewards Left Them ‘On The Verge Of Financial Devastation’
For Californians Walsh J. Young Jr. and May Causing, the Zeek Rewards MLM scheme left them “on the verge of financial devastation,” according to a new filing in the Zeek Ponzi scheme case. The self-written, self-submitted filing by Young and Causing appeared yesterday on the docket of Senior U.S. District Judge Graham C. Mullen of…
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10 Individuals, Including 6 Pitchmen, Indicted In Alleged ‘Vendstar’ Bizop Scam That Fleeced Customers $10,000 At A Time, Prosecutors Say
“Instead of becoming successful entrepreneurs, the individual investors become victims of fraud, often losing their life’s savings. In this way, business opportunity schemes tarnish the American Dream of success through hard work. We will help protect the investing public by prosecuting these cases aggressively.” — U.S. Attorney Wifredo A. Ferrer of the Southern District of…