Category: Uncategorized
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BitClub Network Now Wants 500 New Suckers; Participants Exhorted To Be Patient Because Purported Mining ‘Community’ Venture Is Like ‘Building A Home-Made Space Ship To Explore Outer Space’
BitClub Network apparently has found its first crop of 500 suckers willing to throw down $3,599 to become “Founders.” A link from a new post on Twitter suggests BitClub Network now is trying to line up 500 new suckers who’ll purportedly earn half of what the core group was promised. The new suckers will be…
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RECOMMENDED READING: Two Stories/Threads At BehindMLM.com On ‘The Achieve Community’
We recommend these two stories/Comments threads at BehindMLM.com on “The Achieve Community.” Access the first here. Access the second here. BehindMLM.com covers emerging MLM fraud schemes. Naturally the site separates some MLMers from their senses because it so neatly debunks cover stories and magical constructions that have helped MLM scams trading on the Internet thrive…
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The Monumentally Alarming Tale Of ‘Secure Investment’
“Secure Investment lured customers by creating its own good reputation and by publishing a seemingly successful trading record on its elaborate website. It was all a lie. The company’s claims to have offices and a large staff were also false. At least some of its so-called customer testimonials were actually delivered by actors.” — Bloomberg…
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REPORTS: Paul Burks, Alleged Operator Of $850 Million Zeek Rewards Ponzi, Pleads Not Guilty And Is Released On $25,000 Unsecured Bond
Paul Burks pleaded not guilty this morning and has been released on $25,000 unsecured bond, The Dispatch newspaper of Lexington, N.C., is reporting. Burks, 67, was the alleged operator of Zeek Rewards, which federal authorities have described as an $850 million Ponzi- and pyramid scheme. He was indicted last month on charges of wire and…
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URGENT >> BULLETIN >> MOVING: SEC Charges Alleged HYIP Operators Who Ran ‘Profits Paradise’ From India; Scammers Allegedly Used Fake Names And Engaged In Wanton Deception
URGENT >> BULLETIN >> MOVING: (Updated 9:33 p.m. ET U.S.A.) The SEC has charged two Indian nationals with running an HYIP scheme known as “Profits Paradise” that reached into the United States and offered “extraordinary” returns of up to 480 percent in 240 days, plus “compounding.” As is typical in HYIP schemes, the “program” gained…
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UPDATE: With Purported 100 Percent ‘Repurchase Or Recapitalization Feature,’ BitClub Network Dials Up The Scamming
Affiliates of the BitClub Network “mining” scam have taken to Twitter today with news asserted to be glorious: Participants can leave 100 percent of their money in the “program.” “The reason why you should consider setting all your bitclub network mining pool repurchases to 100% is the fact that you will build up your amount…
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U.S. Postal Service Targeted In Cyber Attack; Customer, Employee Data Breached
There have been cyber attacks on banks, retail outlets, U.S. government sites and sites operated by U.S. government contractors. And now the FBI is investigating an attack on the U.S. Postal Service. In some ways, the attack might be viewed by Americans as the most personally violative to date. Virtually the whole of America —…
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Self-Described Missouri ‘Sovereign Citizen’ And Associates Brought ‘Fake Criminal Charges’ Against Banker In Fictitious ‘International Environmental Court,’ Authorities Say
UPDATED 2:27 P.M. ET U.S.A. The prosecuting attorney for Greene County, Mo., has publicly thanked a People’s Bank manager for “not succumbing to [John F. Gibson’s] attempts to harass and bully his way out of responsibility for his criminal conduct.” Gibson, 61, of Willard, Mo., entered a guilty plea Oct. 29 to a felony charge…
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President Obama To Nominate Loretta Lynch To Replace Eric Holder As Attorney General
UPDATED 8:42 A.M. ET NOV. 9 U.S.A. Many Americans will have only a vague recollection of her name. Others will not be able to place her at all. But they’ll remember cases with which she has been involved. One of those involved the prosecution of New York City police officers, including Justin Volpe, implicated in…
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UPDATE: Another Bizarre Turn In WCM777 Ponzi Probe
With a storyline that has included claims that $14,000 would turn into $500,000 in a year, a declaration of love to the Peruvians it had fleeced and additional claims that all would become clear when “4 blood moons” appeared in the sky in April, the WCM777 “cloud computing” MLM scam has served up a symphony…