TelexFree Trustee’s Proposed Class Actions May Affect Nearly 100,000 Alleged ‘Winners’ Globally
It’s another MLM legal and PR catastrophe. Let’s begin with the numbers, which are staggering: In two separate actions on Jan. 15, TelexFree bankruptcy Trustee Stephen B. Darr sued 56 named alleged “winners” in the MLM Ponzi- and pyramid scheme believed to have generated about $3 billion in corrupt, cross-border economic activity. These 56 promoters […]
Would-Be Philadelphia Cop-Killer Claims ISIS Inspiration, Investigators Say
Philadelphia police officer Jesse Hartnett has miraculously survived a late-night ambush in which a man who allegedly claimed allegiance to ISIS fired at least 11 shots at him and reached inside the patrol car to fire. The FBI and the U.S. Department of Homeland Security immediately became involved in the probe, Police Commissioner Richard Ross […]
FBI: Convicted Murderer And Cross-Border E-Bullion Fraudster James Fayed Was Scamming The Scammers
Still pushing Ponzi-board schemes in the age of cross-border fraud and terrorism? In a retrospective on the 2008 E-Bullion case, a retired FBI special agent says convicted murderer James Fayed was scamming HYIP scammers. “He just pocketed the money from all these high-yield investment programs after they ran,” said Maura Kelley. “And the money continued to come […]
Zeek Figure Darryle Douglas ‘Subject Of Ongoing Investigation’ By U.S. Marshals Service
Darryle Douglas, the alleged Zeek Rewards’ insider whose arrest was ordered last month, is still wanted by the U.S. Marshals Service. “He is the subject of an ongoing investigation,” a spokesman for the Marshals Service in the Western District of North Carolina told the PP Blog moments ago. “We’re trying to locate him.” The spokesman declined to […]
In Argument Over ‘Nutritional Product Pyramid Scheme,’ Indiana Man Allegedly Choked Woman And Threatened Her With Knife
EDITOR’S NOTE: It didn’t take long last year for MLM to get some bad press, with India’s Central Bank issuing a caution on Jan. 1. The trade also got some bad publicity very early this year. A 44-year-old Indiana man was jailed last week after choking a woman and threatening her with a knife as her […]
Bellevue, Neb: Purported ‘Sovereign Citizen’ Shows Up At Police Headquarters With Sword, Later Gets Tasered
James Casale, 36, a purported “sovereign citizen,” allegedly showed up on New Year’s Eve wearing a “Guy Fawkes” mask and carrying a sword at police headquarters in Bellevue, Neb. Bellevue police posted a photo of the encounter on Facebook. Casale wasn’t arrested at headquarters, police said. Rather, he was arrested later at the home of […]
BULLETIN: Terrorist-Inspired Attack In Rochester, N.Y., Thwarted, FBI Says
BULLETIN: (2nd Update 1:58 p.m. ET U.S.A.) The FBI has arrested a man from Rochester, N.Y., saying he planned to show his support for ISIS by carrying out a machete attack today at a bar/restaurant in the Rochester area. ISIS is a terrorist group also known as ISIL. Today is New Year’s Eve. Bars and restaurants will be packed, a […]
BBC Hit With New Year’s Eve DDoS Attack
Websites of the BBC, including those with news content, were rendered unavailable by a New Year’s Eve DDoS attack, the venerable company reported. The outage lasted on the order of three hours. Service has been restored. Sources say “distributed denial of service” attack caused BBC websites to go offline https://t.co/CKzX3hsniB pic.twitter.com/3hzqMlnH1D — BBC News (UK) […]
URGENT >> BULLETIN >> MOVING: TelexFree Figure Sann Rodrigues Found In Contempt Of Court
(4th Update 7:23 p.m. ET U.S.A.) TelexFree, IFreeX and DFRF Enterprises’ figure Sann Rodrigues has been found in contempt of court in the SEC’s Ponzi- and pyramid case against TelexFree and a federal judge in Massachusetts has threatened to jail him. The SEC alleged Rodrigues, a recidivist securities offender, violated an asset freeze imposed in 2014. […]
An Incredibly Toxic Series Of HYIP Swindles — Everything From Bitcoin-Themed Scams To Purported Real-Estate Ventures That Claim To Aid Victims Of Terrorism
Bitcoinest.net, a site that covers cryptocurrency news, reported today that “DoubleCloud.pw Is Another Bitcoin HYIP Ponzi Scheme.” The “pw” extension stands for Palau, an island country in the Western Pacific. But the extension has been rebranded as “Professional Web,” according to Wikipedia. The user-created encyclopedia says Symantec, the security company, reported in 2013 a lot of […]
IN MEMORY: Paul Schlegel, 1963-2015
Paul Schlegel, a St. Louis-based musician and composer and longtime member of the antiscam community, has died. He was 52. Word of Paul’s Dec. 7 passing was received from Lynn Edgington of Eagle Research Associates, via a post today at the RealScam.com antiscam forum. Paul had assisted Eagle for years in its dual mission of educating the […]