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Category: Writing And Branding

BULLETIN: Tata Group, Famous Business Concern In India, Says Fraudsters Trading On Its Name To Push HYIP Scheme; Purported Agriculture ‘Program’ Has Presence On The Ponzi Boards

BULLETIN: (3rd Update 8:32 a.m. ET, Feb. 20 U.S.A.) The Tata Group, a global conglomerate based in India, says its name has been stolen by an HYIP Ponzi scheme. The fraud scheme is associated with a domain styled TataAgro.com and has a presence on the MoneyMakerGroup, TalkGold and DreamTeamMoney Ponzi forums, according to search results.…

Feb 18, 2014
TELEXFREE LA-LA LAND: Promo For Alleged Pyramid Scheme’s International Convention Is Voiced By Former SEC Defendant (In Pyramid-Scheme Case) — And Uses Images Of Pyramids Of Giza And American MLM Lawyer

U.S.-based TelexFree, alleged in Brazil to be a massive pyramid scheme, is serving up a heaping helping of strangeness. For starters, a promo for TelexFree’s International Convention set for Spain next month is being voiced by Sann Rogrigues, whom the SEC successfully sued in 2006 amid allegations he was operating a pyramid scheme and engaging…

Feb 18, 2014
Why California’s WCM777 Action May Spell Trouble For HYIP Promoters On You Tube

Still using social-media sites to promote massive fraud schemes — even after the AdSurfDaily, Zeek Rewards and Profitable Sunrise debacles? Thanks to his presence on social media, Harold Zapata, a WCM777 YouTube pitchman named a respondent in a Desist and Refrain order announced last month by California’s Department of Business Oversight, may be trapped between…

Feb 16, 2014
Banners Broker Cultists Rip Play From Zeek, AdSurfDaily, AdViewGlobal HYIP Scambook

Whoever is pulling the linguistic strings at the Banners Broker HYIP cult operating globally online now is channeling Zeek Rewards, AdSurfDaily and AdViewGlobal in their final days. Zeek, an $850 million Ponzi- and pyramid fraud that once suggested participants should change their toilet-paper dispensing habits if instructed to do so, threatened to ban members who…

Feb 8, 2014
MORE FROM MLM LA-LA LAND: Former SEC Defendant In Pyramid-Scheme And Affinity-Fraud Case To Headline TelexFree Event In Spain

Calling Sann Rodrigues its “TOP PROMOTER IN THE WORLD,” the alleged TelexFree pyramid scheme curiously has announced that Rodrigues will be a headliner at a TelexFree rah-rah session in Spain on March 1 and 2. An image of Rodrigues now rolls across TelexFree’s website. But the promo does not mention that Rodrigues was successfully sued…

Feb 6, 2014
Websites For WCM777 And Kingdom777 ‘Unavailable’

UPDATED 12:08 P.M. ET (U.S.A.) The WCM777 and Kingdom777 websites appear to be back online. Our earlier story is below . . . _______________________________ Websites linked to WCM777 and Kingdom777 are showing a “Service Unavailable” message this morning. The precise reason why is unclear. WCM777 now operates as Kingdom777. California securities regulators have called WCM777…

Jan 31, 2014
UPDATES: (1) Colorado Boots WCM777; (2) California Didn’t Have To Look Far To Find ‘Program’: State Has Office In Same Building From Which Alleged Multimillion-Dollar Securities Scam Operated

UPDATED 6:33 P.M. ET (U.S.A.) The state of Colorado has issued a cease-and-desist order against the WCM777 “program,” saying the Ming Xu-led enterprise was selling unregistered securities. Ming Xu also is known as Dr. Phil Ming Xu, according to WCM777 promoters. In issuing the C&D, Colorado now has joined at least two other U.S. states…

Jan 29, 2014
BULLETIN: California Calls WCM777 A ‘Scam,’ Issues Desist And Refrain Order That Names Executives And YouTube Pitchman

BULLETIN: (Updated 10:36 a.m. ET U.S.A.) The state of California has called the WCM777 MLM “program” a “scam” and issued a Desist and Refrain Order that bans the enterprise in the state. The Department of Business Oversight (DBO) has issued a companion Consumer Alert and is “strongly” encouraging California investors to file a formal complaint.…

Jan 27, 2014
UPDATE: Dallas Group May Be Trying To Port WCM777 Members To Lucrazon

The PP Blog has received information that suggests a WCM777 group in Greater Dallas may be trying to port members to Lucrazon, a purported revenue-sharing “program.” WCM777 now is known as Kingdom777. “Same team leaders want to encourage us to invest $8000.00 and we can get 15 units and they said that it will be…

Jan 25, 2014
Will Portugal Be Next Country To Open TelexFree Probe?

Citing reports in Brazilian media, BehindMLM.com is reporting that authorities in Portugal are monitoring TelexFree developments and beginning to collect documents. The development may signal that yet-another probe into TelexFree’s business practices is in the offing, potentially the first in Europe. From BehindMLM.com (italics added): According to the local media there are currently 41,000 TelexFree…

Jan 21, 2014
UPDATE: In Aftermath Of Police Raid On WCM777 Venue In Peru, ‘Dr. Phil Ming Xu’ Declares Love For The People — On Letterhead Of Suspended California Company

Things are getting stranger at WCM777: After a police raid this week on the “program” in Peru, the purported head of WCM777 has declared his love for the Peruvian people — on the letterhead of World Capital Market, a California corporation listed as “suspended.” The letter, which is dated today and appears on Twitter, did…

Jan 17, 2014