PatrickPretty.com

Author: PatrickPretty.com

Nevin Shapiro, Florida Man Who Ran ‘Grocery’ Ponzi Scheme, Pleads Guilty; Feds Say Con Gathered At Least $880 Million While Fraudster Leased Mercedes For $4,700 A Month

When Nevin Shapiro was arrested in New Jersey for running a wholesale grocery scam in Florida, the FBI described the scheme as a â€œperfect example of greed run amok.â€ Shapiro, who was charged both criminally and civilly earlier this year after investigators uncovered his long-running Ponzi scheme, now has pleaded guilty to securities fraud and…

Sep 16, 2010
Bizarre Pitch For MPB Today Paints Walmart As Soul-Stealer And Asks Prospects Not To Accept Gift Card; One Apparent Walmart Fan Displays Visa Card In Separate MPB Promo

First there was a bizarre political attack on President Obama and Secretary of State Hillary Clinton in a bid to drive business to a Florida-based, multilevel-marketing (MLM) firm known as MPB Today. Now, at least one promo that asks prospects to register for MPB Today is attacking Walmart. As affiliates of MPB Today continue to…

Sep 16, 2010
Are MPB Today Members Posing Security Risk To Bank That Is Operating Under FDIC Consent Order? 2×2 Matrix Cycler Fans Publish Check-Waving Videos On Websites, YouTube

As giddy members of Florida-based MPB Today flock to YouTube to post check-waving videos as “proof” of the MLM’s legitimacy, the bank used by the purported grocery company is operating under an FDIC consent order issued in January, records show. The FDIC had no immediate comment when asked this morning by the PP Blog about…

Sep 15, 2010
Like DNA, MPB Today Affiliate Targets Churches: ‘Get $200 Walmart Gift Cards And $300 Checks Over And Over Again’; Another Affiliate Advises Prospects To Focus On The Money, Not The Groceries

UPDATED 7:06 P.M. EDT (U.S.A.) TO INCLUDE GRAPHIC OF SEARCH-WARRANT APPLICATION IN THEÂ U.S. SECRET SERVICE PROBE OF THE REGENESIS 2×2 MATRIX CYCLER PROMOTED AT THE ASAMONITOR FORUM. An MPB Today affiliate is targeting churches in a video animation. MPB Today is a Florida-based multilevel-marketing (MLM) program tied to a grocery business known as Southeastern…

Sep 14, 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…

Sep 14, 2010
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…

Sep 13, 2010
UPDATE: Ponzi ‘Shakedown’ Suspects Who Impersonated Federal Agents Get 6 Months’ Home Detention And Are Placed On Probation For 2 Years

Three people charged with conspiring to impersonate federal agents in a bid to rattle the nerves of a Ponzi scheme suspect and recover money have been sentenced to 180 days of home confinement and placed on federal probation for two years. A fourth defendant in the shakedown scheme avoided a sentence of home confinement but…

Sep 13, 2010
EDITORIAL: Animated Attack On Obama Goes Missing From MPB Today Affiliate’s Sales Arsenal; PP Blog Declines Request From Affiliate’s MLM Sponsor To Remove Story That Describes Bizarre Sales Pitch Painting President As Nazi

Regular readers of the PP Blog know that it supports the efforts of President Obama’s Financial Fraud Enforcement Task Force to weed out the purveyors of schemes who brought the U.S. and much of the world economy to its knees. Obama is a Democrat. What readers may not know is that the Blog is written…

Sep 11, 2010
MPB Today Affiliate Website That References Food Stamp Program Has Links To At Least 100 ‘Surfing’ Programs — Some Of Which Already Have Gone Belly-Up; ‘Ken Russo’ Defends Program On Ponzi Forum

A promotional website for the MPB Today multilevel-marketing (MLM) program specifically references the U.S. Food Stamp program administered by the U.S. Department of Agriculture and includes links to at least 100 “paid to surf” programs, including programs that use domains registered offshore and programs that appear already to have failed. Separately, an MPB Today affiliate…

Sep 10, 2010
MPB Affiliate Says Members Are ‘Partners’ With Walmart And That Program ‘Guaranteed’ Not To Be Scam; Separate Promo Depicts Michelle Obama As Experiencing Oval Office Gas Attack After Sampling ‘Beans’ At Sam’s Club

UPDATED 10:42 A.M. EDT (U.S.A.) Using the soundtrack from the legendary rock band Heart’s 1985 hit single “What about love,” an affiliate of MPB Today is claiming on YouTube that the company’s members become “partners” with Walmart and that MPB’s multilevel-marketing (MLM) program is “Guaranteed” not to be a scam. Heart could not be contacted…

Sep 9, 2010
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…

Sep 8, 2010