‘Achieve Community’ Huckster Rodney Blackburn In New Ponzi-Board HYIP Scam: Rockfeller Asset Management Limited
UPDATED 9:54 P.M. ET U.S.A. It’s called “Rockfeller.” Like the massive TelexFree scam in Massachusetts, it is using the address of a Regus office center — only this time the facility is in London.
A Ponzi-board scheme similar to Rockfeller — Profitable Sunrise — may have swindled tens of millions of dollars before disappearing two years ago. While Profitable Sunrise claimed a daily payout of up to 2.7 percent. Rockfeller says it pays up to 5 percent daily.
Note that the scheme’s name is very similar to the name of Rockefeller, the famous American family of financiers and politicians. Scams routinely trade on the names of famous entities or people, sometimes using slight variations of the names.
Speaking in hushed tones in a 9:33 YouTube pitch for Rockfeller today, Rodney Blackburn suggests the “program” is operated by the Rockefeller family.
“Guys, this is a very top-notch, high-quality company,” Blackburn says in a video titled “Rockfeller Asset Management Limited – Review Earn Daily!!!”
“No, I have not talked to the owners of this company. I’m assuming that they’re not going to let me talk to the Rockefellers,” Blackburn says.
The PP Blog this evening sought comment from Sen. Jay Rockefeller through the Council on Foreign Relations. Rockefeller, a West Virginia Democrat, is the former chairman of the U.S. Senate Select Committee on Intelligence. He retired last month from the Senate and joined the Council on Foreign Relations as a distinguished fellow.
One of his interests is cybersecurity.
The PP Blog is waiting to hear back on its request for comment on the Rockfeller “program.”
Blackburn is promoting multiple schemes with a presence on well-known Ponzi-scheme forums such as MoneyMakerGroup. These include “Achieve Community,” currently the subject of an investigation by the Colorado Division of Securities.
Other “programs” promoted by Blackburn include “BRING THE BACON HOME,” purportedly operating through “Sherilyn” of “Singapore,” and “Trinity Lines,” which is trading on the name of God.
Blackburn also is promoting “Unison Wealth” and other schemes.
Quick notes: Rodney has posted a second YouTube video on Rockfeller.biz. This one is 14:57 and is titled “Rockfeller Asset Management Limited Turn $50 into $50,000!”
Rodney is encouraging people to send higher sums to Rockfeller, which apparently accepts sums from $50 to $500,000. The more you send, the more you make . . .
Rockfeller is positioned as a pooled Forex vehicle, something that potentially could being both the CFTC and the SEC into play. (Like the infamous Trevor Cook Ponzi scheme in Minnesota targeted at seniors and conservative Christians.)
The earlier video cited in the story above once had three comments below it, two of which gave Rodney hell. The third was iffy on Rockfeller, but not HYIP schemes in general. All three of the comments have been pruned.
The second video is truly bizarre. Rodney — apparently in the name of due diligence — displays a chat session with a purported Rockfeller attendant by the name of “Susan Walberg.”
In the chat, Rodney asks if promoters are permitted to make videos about Rockfeller. “Sure you can MAKING videos,” comes the response from “Susan.” (Emphasis added.)
Some background text lines from Rockfeller become visible in Rodney’s second video. One reads, “MAKE YOU INCOME TRUE.”
This may be a form of the “Typo Tip-Off” that FINRA warned about in 2010.
http://www.finra.org/Investors/ProtectYourself/InvestorAlerts/FraudsAndScams/P121728
From the second video:
“Many of you are just getting my first video, but I was so excited I wanted to make this additional video because I did some calculations as far as what’s possible with Rockfeller . . .”
Both videos appear to be related to the Legendary Income Solutions Team (LIST) sponsors’ group that plowed people into Achieve and other “programs.”
Like other Blackburn efforts, the second Rockfeller video uses spreadsheets to make earnings calculations. One example is that $1,000 over a period of 140 days returns $7,840.
Rodney suggests that plowing $5,000 back into Rockfeller will fetch $15,750 in 70 days. The spreadsheet suggests $500,000 thrown at the “program” will return $25,000 a day and $1.75 million in 70 days.
Patrick
Screen shot from second video showing purported chat with “Susan Walberg”:
https://patrickpretty.com/wp-content/uploads/2015/02/rockfeller2blackburnsmall.jpg
Patrick
Quick notes: Rodney’s Achieve/LIST colleague Mike Chitty also is in Rockfeller, according to a 14:23 YouTube video by Chitty titled “Rockfeller Review.”
Rockfeller is a “passive play” that also pays a 5 percent recruitment commission, Chitty says, noting he’s in Utah.
Chitty: “But if I had $10,000 and I could throw it in here right now, I probably would. Just because of the insane return on investment that you [can] be getting with that kind of money. Even $1,000 — you know, you throw in $1,000, and you’re still gonna be getting a crazy return on investment at any one of these levels. But the more you can invest, the more you can turn around.”
Also: “If I get, you know, some money from Achieve once that goes live and that money starts going back out to people again, I’m gonna throw some of that in here. OK. And I’m going to let it go. And I’m gonna play with house money.”
So, if Achieve manages another payout, Mike will dump at least some of it into a “program” drafting off the famous Rockefeller name and advancing both a micro ($50) and macro ($500,000) scheme.
Achieve also was a combo micro/macro scheme, though probably not at the $500,000 level. At one time, promos said Achieve members could buy two-hundred $50 “positions” in two separate transactions of 100 positions each: $10,000.
Patrick
THANKS FOR TAKING THE TIME TO BRING OUT THE TRUTH. Wish i would have found this before I put 1200 dollars in to automatic mobile cash. I did look at one his videos on youtube before i got in and it went sour on friday feb 27th. So as you can see I am doing more due diligennce this time!!!!
You are saying that the site rockfeller.biz/ is a scamm site?? What happened to you?? Because some of my friends deposited 50$ and they are earning daily money and also withdraw that. So I don’t know what to think. I’m italian, so I don’t understand the entire article. Can you explain better if is scam or not this site and what was your experience?
Thanks a lot
Yes.
Bernard Madoff “paid” — right up until the day he didn’t. It is the nature of Ponzi schemes.
Patrick
Its still paying me, I invest $500 so far I got back $250.
“It’s still paying me” is NOT proof that no fraud is occurring. Rockfeller is an obvious scam.
Patrick
Don’t really think Rodney is a scam artist as much as he is a total dumbass that has just enough sales skills to get the rest of us dumbass noobs involved in his dumbass ideas because we feel even more dumb assed than he is…either way I hope nobody ever buys anything from his dumb ass ever again or any of his dumb ass partners that led his whole “team” into one bloody massacre after another…of course you were not much help either, attacking everyone for the benefit of the traffic so I hope nobody buys anything from you either…there are millions of us out here that just want to find an ethical and profitable way to make use of the internet to help us out and it is not easy when we are being attacked and bullied by every jerk out there that has an axe to grind. Certainly there has to be something and someone honest and good out there in this nasty world that has a real deal. Crap, it sucks being a dumbass, but better a dumbass than all the mean jerks out there beating us all up and ripping us all off.
Like the massive TelexFree scam in Massachusetts, it is using the address of a Regus office center — only this time the facility is in London.
http://www.telegraph.co.uk/news/uknews/crime/11774254/Boiler-room-fraudsters-used-Tower-42-address.html
Thanks for this, Tony.
Patrick
Based on the Mirror link Tony posted, I found this news release from the City of London. Headline:
Trading Standards prosecutes Regus in clampdown on ‘boiler room’ investment scams
Lede:
Regus Management UK Ltd, a leading serviced-office and mail forwarding company, has been fined £11,000 and ordered to pay £16,651 costs for offences committed under the Consumer Protection From Unfair Trading Regulations 2008 and the London Local Authorities Act 2007 at the City of London Magistrates Court [23/07/15].
Source:
http://news.cityoflondon.gov.uk/city-trading-standards-prosecutes-leading-office-provider-in-clampdown-on-boiler-room
I hadn’t contemplated that Regus could be held accountable in this fashion.
Patrick
Another story:
http://www.theguardian.com/money/blog/2015/aug/01/boiler-room-offices-fraud-addresses
Thanks, Tony.
Some of the scams set out to get an impressive office address and may actually lease space.
In other cases, the addresses/destination cities are so well-known that the scammers simply pretend they have offices there.
https://patrickpretty.com/2013/08/14/bcsc-scammers-ripped-off-canadians-in-forex-scam-in-which-money-was-wired-to-costa-rica-at-least-1-investor-duped-into-making-payment-of-13000-purportedly-for-u-s-taxes-in-ill-fated-bid-to-recove/
Patrick