Category: Alleged Ponzi Schemes
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EDITORIAL: Sundays Aren’t What They Used To Be: Is The MPB Today Matrix Stalling? Was A ‘Rebate’ Plan Advanced On Ponzi Forum A Bid To Reinvigorate It? (And Why Is The Matrix Being Plugged As A ‘Grocery Assistance’ Program On A .Org Site?)
Sundays aren’t what they used to be. “Ken Russo” announced Sunday on the ASA Monitor Ponzi and criminals’ forum — a forum from which other promoters are targeting people of faith to join the MPB Today “grocery” program — that a member of his “team” is offering $50 “rebates” to entice prospects to sign up.…
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Man Who Posed As Fraud Investigator And Blew Up His Own Mailbox Convicted In Bizarre Bid To Extort Ponzi Scheme Victims To Pay Him For Information
A Washington state man has been convicted of nine federal felonies in a bizarre case in which he attempted to fleece Ponzi scheme victims by blowing up his own mailbox and taking guns and bomb-making components to Atlanta. Kevin W. Williams, 45, of Chehalis, was found guilty of three counts of wire fraud, extortion, possession…
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Another MPB Today Pitch Page That Uses Walmart’s Name In Registered Domain Surfaces; More Check-Waving Promos Using Name Of Distressed Bank Elsewhere On Web
Another website that pitches the MPB Today MLM program and uses Walmart’s name in a registered domain name has surfaced. This one was registered Sept. 11, and uses an address in Fort Lauderdale, Fla. Walmart is not the registered owner of the domain, and it is unclear if the registrant has the retail giant’s permission…
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TOILET-PAPER CAPER: Tipster Told FBI That Some Of Trevor Cook’s Ponzi Loot Was Stashed Behind Bathroom Tissue Dispenser; In Blistering Memo, SEC Says Cook’s Word ‘Not Worth The Paper That It Is Written On’
“Based on his track record, there is no reason to doubt — and every reason to believe — that [Trevor] Cook is hiding assets, and that he can do much, much more to recover stolen funds. Why else would Cook send millions of dollars to 14 foreign countries, including Dubai, Cyprus, Greece, Belize, Antigua, England,…