Category: Alleged Ponzi Schemes
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DISTURBING NEW LOW FOR MLM: TelexFree Affiliate Spams Sign-Up Offer In Comments Thread About Tragic Suicide Death Of Fellow Affiliate
Citing a Brazilian media account, Oz at BehindMLM.com reported tonight that the TelexFree member who jumped from the fifth floor of a parking garage in the state of Paraiba last month has died. The PP Blog reported on Nov. 27 that the woman initially survived the plunge and was hospitalized in critical condition. PBAgora.com.br, a…
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Thanksgiving Eve Wave Of IPs From Fort Lauderdale And British Virgin Islands Descends On PP Blog; Other IP (From Ukraine) Tries To Execute Command String That Suggests It’s Part Of Botnet Circling PP Blog And Another Well-Known Online Pub That Covers MLM
A Thanksgiving Eve wave consisting largely of IPs from Fort Lauderdale and the British Virgin Islands descended on the PP Blog beginning at approximately 12:35 p.m. ET today. It was accompanied by an IP from Ukraine that sought to execute a fractured command string focused on a PP Blog story that will be five years…
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REPORT: Woman Survives TelexFree-Related Death Plunge
A woman who borrowed money to join the TelexFree MLM “program” leaped from the fifth floor of a parking garage at the Manaíra Mall, a Brazilian news portal is reporting. PBAgora.com.br, based in the Brazilian state of Paraíba, reported yesterday that the woman was injured critically, but survived the plunge. She is being treated at…
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SPECIAL REPORT: WCM777 Says Its U.S. Operations ‘Will Be On Hold Until Further Notice’ Because Its Securities Sales ‘Failed To Fully Comply With Laws And Regulations In United States’ — But Will The ‘WCM 777 Boston’ Band Play On In Houston? And What About The Highly Curious ‘Joseph Global Institute?’
EDITOR’S NOTE: This story covers highly curious events associated with WCM777 and related entities or people. In this post you’ll find: News on yesterday’s announcement by WCM that it had mothballed its U.S. operation that sells securities. Questions about whether a WCM777 event scheduled over the next two days in Houston would occur or whether…
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If The Good Lord’s Willing And The Creek Don’t Rise, Be At The Zeek Rewards Auction On Dec. 16 And 17
UPDATED 7:42 P.M. ET (U.S.A.) Not only is the court-appointed receiver in the Zeek Rewards Ponzi-scheme case selling Zeek’s old headquarters (with attached coin-operated laundry) in Lexington, N.C., he’s also selling a hefty collection of country-music memorabilia and other entertainment keepsakes. Among them is a “Saturday Night Live Script featuring Johnny Cash and musical guest…
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WCM777 — In Pictures: (1) Send In $14,000, Get Back 35 Times That Amount (c. $500,000); (2) Launch Scheme, Buy A Golf Course And Invite Friends; (3) Rip Off Scenes From ‘Rocky Balboa’ And Pretend Sly Stallone Is On The Train
These are screen shots from three different promotional videos or news releases for WCM777 online. The first reflects a claim that people who send $14,000 to WCM777 in a poor economy will fetch back $500,000, 35 times-plus the amount they sent in. This will be accomplished in 52 weeks through the rollover of earnings in…
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NEW RECORDING: TelexFree Members Told To Pay The Piper 20 Percent Within 10 Days Or Lose Positions
UPDATED 6:14 P.M. ET (U.S.A.) TelexFree members who wish to maintain their position in the “program” and are nearing their one-year anniversary dates will receive an invoice from the company for 20 percent of their program “income” and must pay it within 10 days, according to a recording of a Nov. 15 TelexFree conference call.…