Category: The Economy
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Early Morning Attack On Dallas Police
DEVELOPING STORY: (2nd Update 1:22 p.m. EDT U.S.A.) An attack on Dallas police involving gunfire and bombs occurred early today at about 12:27 a.m. local time. The attack occurred outside Jack Evans Police Headquarters. The occupied building, which was hit by gunfire, is named after a former Dallas mayor and businessman. A police car outside…
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‘Sovereign Citizen’ Suspected Of Murdering Edmonton Police Officer In Violent Attack: Was Home Booby-Trapped?
“It is with deep sadness that I learned that Constable Daniel Woodall had been fatally shot in the line of duty, protecting the people of Edmonton. On behalf of all Canadians, Laureen and I offer our deepest condolences to his family, friends and colleagues. We also pray for the full and speedy recovery of Sergeant…
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Court Approves Zeek Receiver’s Settlement With MLM Attorney Kevin Grimes, Law Firm
UPDATED 10:44 A.M. EDT U.S.A. In an amended complaint filed in August 2014, Zeek Rewards’ receiver Kenneth D. Bell sued MLM attorney Kevin Grimes, the Grimes & Reese law firm and a Grimes-related entity known as MLM Compliance VT LLC. Among other things, Bell alleged that Grimes and MLM Compliance received $843,000 from the Zeek…
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RECEIVER: Zeek Winner ‘sovlife’ Created 80 Victims In Cross-Border Ponzi/Pyramid Scheme
UPDATED 11:45 P.M. EDT U.S.A. David Ian MacGregor Fraser, a New Zealand resident who used the handle “sovlife” and is challenging a U.S. court’s jurisdiction over him in Zeek Rewards’ clawback actions, enrolled 96 paying members — 80 of whom were “victims,” according to court-appointed receiver Kenneth D. Bell. Those 80 victims lost a total…
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WCM777 Claims Process Proposed: RECEIVER
WCM777 claims will be accepted in the not-too-distant future, under a proposal by Krista L. Freitag, the court-appointed receiver in the SEC’s pyramid- and Ponzi-scheme case. The proposal, which includes time guidelines but no specific date upon which claims will be accepted, was submitted to U.S. District Judge John F. Walter of the Central District…
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BULLETIN: Bulgarian Responsible For Avon Stock Manipulation Last Month, SEC Charges
The SEC has gone to federal court in the Southern District of New York, alleging that a Bulgarian is responsible for the manipulation of Avon’s stock price last month though a false filing in the agency’s EDGAR database. Avon, an American network-marketing company famous for cosmetics, was only one of the companies targeted, the SEC…
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Office Of U.S. Trustee Says It Will Challenge Fee Applications In TelexFree Bankruptcy Case
UPDATED 12:32 P.M. EDT U.S.A. A component of the U.S. Department of Justice has informed U.S. Bankruptcy Judge Melvin S. Hoffman that it will object to fee applications filed by two firms assisting Stephen B. Darr, the court-appointed trustee in the TelexFree bankruptcy case in Massachusetts. In court filings yesterday, the office of U.S. Trustee…
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Knife-Wielding Man Killed Near Boston Yesterday Planned ‘Violent Jihad’ And Random Police Killings, Feds Say
At 5 a.m. yesterday — two hours before he died in the Boston neighborhood of Roslindale — Usaamah Abdullah Rahim called David Wright of the Boston-area community of Everett, according to an FBI affidavit from a member of Boston’s Joint Terrorism Task Force. Wright, 25, also is known as Dawud Sharif Wright and Dawud Sharif…
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FANTASY POST: CLAIM: MLMHelpDesk Blogger Troy Dooly Outed As Curt Gowdy, ‘The Unknown Comic’ And Kareem Abdul-Jabbar
EDITOR’S NOTE: This is a fantasy post. The story below is not real. See additional Note at the bottom. MIRAMAR BEACH, FLA. (PP BLOG, JUNE 1) — A lawyer has made spectacular claims that dental records and eyewitness testimony will prove famed MLMHelpDesk Blogger Troy Dooly is leading “at least” a quadruple life that he…
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May Subscription Post
NOTE: This post originally was published on May 11 at 7:51 p.m. It was moved back into this slot on May 22, May 23, May 26 and May 30. Dear Readers, Our editorial well now stands at 2,667 posts since December 2008. Today alone, readers from more than 35 countries have visited the PP Blog.…
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Zeek’s Paul Burks Will Go On Trial Next Year; Judge Says He Has Received ‘Excellent’ Lawyering
UPDATED 10:25 P.M. EDT U.S.A. The trial for accused Ponzi schemer Paul R. Burks of Zeek Rewards now has been set for May 2016. Burks, 67 at the time of his indictment in October 2014 on charges of wire and mail fraud, wire- and mail-fraud conspiracy and tax-fraud conspiracy, argued successfully that he needed more…