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URGENT >> BULLETIN >> MOVING: Peter Madoff Charged Criminally, Civilly; Bernard Madoff’s Brother ‘Enabled The Largest Fraud In Human History’ And Gained Millions Of Dollars, U.S. Attorney Preet Bharara Says
URGENT >> BULLETIN >> MOVING: Peter Madoff, the brother of Ponzi schemer Bernard Madoff, has pleaded guilty in New York to a two-count superseding information charging him with conspiracy to commit securities fraud, tax fraud, mail fraud, ERISA fraud and falsifying records of an investment adviser. The government is seeking a staggering forfeiture order of…
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RECOMMENDED READING: 66-Year-Old Woman Booked Into Florida Jail Last Month After Traffic Stop May Be ‘Sovereign Citizen’; Police Encounter Yet Another Bizarre Circumstance
UPDATED 9:43 a.m. EDT (JULY 1, U.S.A.) Police in Punta Gorda, Fla., arrested a woman last month during a traffic stop. The events on the day of the arrest strongly suggest the woman is an adherent to “sovereign citizen” beliefs. “Sovereign citizens” may express an irrational belief that laws do not apply to them and…
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Purported ‘Secret’ Computer Program And ‘Proprietary Computer Algorithm’ Were Launching Ground For Forex Swindle, Feds Say; George Sepero Charged Amid Allegations He Also Defrauded Elderly Widow With Serious Medical Problems Out Of Her Life Savings In Separate Scam
UPDATED OCT. 19, 2013. George Sepero has been sentenced to 100 months in federal prison. Our earlier story is below and has been edited to correct spelling. The word “proprietary” has been used again to mask a large financial swindle, federal prosecutors said. George Sepero, 39, of Glen Rock, N.J., has been indicted on charges…
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JSS Tripler/JustBeenPaid Now Soliciting $20,000 ‘Purchase’ Amid Claim Of $400-Per-Day Payout
EDITOR’S NOTE: The JSS Tripler/JustBeenPaid “program” may have links to the “sovereign citizens” movement. Potentially signaling a change in the “program’s” status quo, JSS/JBP has not posted a recording of its weekly conference call since June 7. As the screen shot below shows, JSS/JBP also now is soliciting “purchases” ranging from $1,000 to $20,000, suggesting…
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DEVELOPING STORY: New Mystery Emerges: North Carolina/Nevada Entity ZeekRewards.com Was Served With California Cyberpiracy, Infringement And Unfair Competition Lawsuit In Flushing, N.Y.
ZeekRewards.com was accused of cyberpiracy, unfair competition and benefiting from copyright infringement in a trademark-dilution and defamation lawsuit filed in U.S. District Court for the Northern District of California on Nov. 7, 2011. The action demands an accounting, disgorgement of alleged ill-gotten gains and treble damages. The PP Blog was unable to reach Zeek immediately…
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UNBELIEVABLE: Now, An ‘Astrology-Based Ponzi Scheme,’ SEC Says; ‘Trading Strategies Were Based On Lunar Cycles And . . . Gravitational Pull Between Earth And The Moon’
“Persaud preyed on people who trusted him by promising high and steady returns while hiding his unconventional trading strategy. When Persaud blatantly lied to investors and hid their losses through a Ponzi scheme, he should have known that an SEC enforcement action was in the stars.” — Eric I. Bustillo, director of the SEC’s Miami…
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