Category: Uncategorized
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Government Refuses To Say Whether Return Of INetGlobal Funds Means The Firm Has Been Cleared And The Probe Into Its Business Practices Has Concluded
UPDATED 9:24 P.M. EDT (U.S.A.) A spokeswoman for U.S. Attorney B. Todd Jones of the District of Minnesota refused to say today whether the government’s probe into the business practices of Inter-Mark Corp. and INetGlobal is over. “[W]e never confirm or deny the existence of investigations,” said Jeanne Cooney. The firms announced yesterday that prosecutors…
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BULLETIN: FLORIDA — AGAIN: CFTC Says Man With 3 Aliases Ripped Off Church Members And Prayer-Group Attendees In Forex Ponzi Scheme And Then Moved To Canada
BULLETIN: The CFTC has gone to federal court in the Southern District of Florida, alleging that a former Miami man who conducted prayer services in his home ripped off church members, friends, neighbors and others in a Forex Ponzi scheme. Some investors bought into the scheme with cash payments that totaled in the hundreds of…
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UPDATE: Is Club Asteria Missing An Executive? Blurb For ‘Director Of Sales And Marketing’ Goes Missing From Website Amid Reports Firm Has Suspended Cashouts
A blurb for a key leader of an online “program” that claims to elevate people out of poverty globally has gone missing. The blurb for Hank Needham, whom Club Asteria identified as its director of sales and marketing, appears to have vanished between June 19 and today. Also missing from the Club Asteria webpage that…
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URGENT >> BULLETIN >> MOVING: 2 Men Arrested In Alleged Plot To Attack Military Processing Center In Seattle; Military Enlistees Allegedly Were Subjects Of Planned Mass Murder With Grenades And Machine Guns
URGENT >> BULLETIN >> MOVING: Two men were arrested in Washington state last night after the FBI disrupted a planned attack on a Seattle military intake center that included a daycare center for the children of federal employees, the Justice Department said. Arrested were Abu Khalid Abdul-Latif, 33, of Seattle, and Walli Mujahidh, 32, of…
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Star Tribune, Minnesota’s Largest Newspaper, Targeted In International ‘Scareware’ Cyberattack; 2 Suspects Arrested In Latvia; Bogus Ad Agency Purportedly Based In Miami Allegedly Used To Dupe Famous American Publishing Company
EDITOR’S NOTE: This is one of those stories that can cause people to scream. The U.S. publishing industry has been deeply affected by the Internet. Print advertisers — the people who pay the bills — now can communicate directly and immediately with readers, a development that is sucking the life out of traditional print publishers.…
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FLORIDA — AGAIN: Miami Attorney Awaiting Sentencing In Ponzi Scheme Charged With Stealing From Employee Benefit Plan
A Miami attorney awaiting sentencing in a Ponzi scheme case now has been accused of stealing from an employee benefit plan, federal prosecutors in the Southern District of Florida said. Lorn Leitman, 61, was charged with stealing from the South Florida Emergency Physicians P.A. Profit Sharing Plan. He faces up to 20 years in federal…
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BULLETIN: Christopher Pettengill Pleads Guilty In Trevor Cook Ponzi Scheme
BULLETIN: Christopher Pettengill, a figure in the $194 million Trevor Cook Ponzi scheme, has pleaded guilty in Minneapolis to securities fraud, money-laundering and conspiracy, the FBI said. Read Breaking News coverage in the Star Tribune, which is reporting that Pettengill says he has been cooperating with federal investigators since January. Pettengill, 54, of Plymouth, Minn.,…
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BULLETIN: Defendant In January CFTC Sweep Ordered To Pay $280,000 Penalty; ‘ForInvest’ Also Ordered To Remove Forex Solicitation Pages From Internet; Firm Used Same Payment Processor As Imperia Invest IBC, Ponzi Forum Darling And Defendant In SEC Action
BULLETIN: A Delaware company accused by the CFTC in January of illegally hawking Forex offers has been hit with a $280,000 penalty and ordered to remove its Forex solicitation pages from the Internet. U.S. District Judge James B. Zagel of the Northern District of Illinois entered the order against ForInvest Group of Delaware. ForInvest also…
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BULLETIN: R.J. Zayed, Court-Appointed Receiver In Trevor Cook Ponzi, Recovers More Than $1.1 Million In Switzerland
BULLETIN: The court-appointed receiver in the Trevor Cook Ponzi scheme has recovered more than $1.1 million that had been tied up in Switzerland. Receiver R.J. Zayed says that $1,127,495 has been deposited in a U.S. Court account. “[T]he Receiver has now accomplished the goal of repatriating the Swiss funds so that money can be returned…