Category: Uncategorized
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BULLETIN: Federal Judge Orders Jeremy Johnson And Others Acting On His Behalf To Disable Website That Used Court-Appointed Receiver’s Name And Described Firm As Workplace Of ‘Thieves’ And ‘Crooks’
EDITOR’S NOTE: This story originally was published Jan. 9, 2012, 3:01 p.m. It was updated at 5:01 p.m. on the same date. The PP Blog temporarily “unpublished” the story on March 23, 2012. Explanation of why it was taken offline temporarily is here. On March 23, 2012, the PP Blog’s security software recorded a “mass…
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Missouri Investigators Say Senior Citizens — Ages 91, 88 And 79 — Among Victims Swindled By Unregistered Dealer In Fraud Scheme That Diverted Money To ‘Hooters’ Waitresses
Three senior citizens — including a 91-year-old Pennsylvania resident and 88- and 79-year-old residents of Missouri — were fleeced in an investment scheme in which $10,000 was diverted to “three waitresses at a Hooters restaurant and one clerk at another retail establishment,” Missouri investigators said. All in all, the long-running scheme fetched at least $948,000,…
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ANOTHER MYTH-BUSTER: Accused California Fraudster Arrested/Deported By Panama And Returned To United States On New Year’s Eve; Joseph Randall Medcalf Faces Federal Trial In Alleged $3.2 Million Investment Scheme
“You can run, but you can’t hide. International cooperation in the pursuit of fugitives is essential as we combat complex financial crimes. Mr. Medcalf is the latest in a long list of fugitives who have been brought back to the United States to face justice. My office is grateful to the authorities in Panama for…
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BULLETIN: Steven Salutric, Illinois Man Accused By SEC Last Year Of Stealing From 96-Year-Old Nursing Home Patient With Dementia, Now Charged Criminally
BULLETIN: Federal prosecutors in the Northern District of Illinois have charged Steven W. Salutric with wire fraud, the office of U.S. Attorney Patrick J. Fitzgerald said. Salutric, 53, of Carol Stream, initially was charged civilly by the SEC in January 2010, amid shocking allegations that, to keep his Ponzi and fraud scheme afloat, he stole…
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UPDATE: Jeffery Groendyke, Figure In CFTC Ponzi Case Filed Civilly In May, Pleads Guilty To Criminal Charge Of Wire Fraud After FBI Probe
UPDATE: Jeffery (also cited as “Jeffrey”) L. Groendyke, the Michigan man ordered by a federal judge earlier this month to pay nearly $1.4 million in restitution and penalties in a Forex Ponzi case brought civilly by the CFTC, now has pleaded guilty to a criminal charge of wire fraud, federal prosecutors in the Western District…
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UPDATE: Text Cash Network Creates Even More Name Confusion With ‘ASSIGNMENT’ Clause That Appeared On ‘Purchase Agreement’ Page
Some affiliates have claimed Text Cash Network (TCN) is part of a company known as “The Johnson Group.” Others have added an ampersand and mimicked the name of an internationally famous company, saying TCN is part of the “Johnson & Johnson Group.” Although photos appear online that show the name “TEXT CASH NETWORK” in large…