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BULLETIN: Felony Warrants Issued For Accused Montana Ponzi Schemer And Affinity Fraudster Richard F. Reynolds; ‘Phony Gold And Foreign Currency Trading Schemes’ Alleged — With ‘Pastors’ Used As Pitchmen

BULLETIN: Richard F. Reynolds, of the region of Bozeman, Mont., is wanted on 20 felony warrants, Montana officials said. Reynolds also is known as Richard F. Adkins. Reynolds, the office of Montana Commissioner of Securities Monica J. Lindeen said, presided over an “elaborate” caper that swindled “at least 140 victims from 21 states and 6…

Mar 23, 2012
BULLETIN: KABOOM! FTC Gains Asset Freezes Against Mortgage-Relief Scammers Trading On Image Of President Obama And Masquerading As ‘Law Firm,’ Agency Says

BULLETIN: A federal judge in the Central District of California has approved asset freezes and appointed a receiver in a case in which the FTC alleged several companies and a scammer-in-chief were running two mortgage-relief fraud schemes. The scam, the FTC said, traded on an image of President Obama and used at least three .org…

Mar 22, 2012
BULLETIN: Stewart David Nozette, American Scientist Who Sold Out His Country For The Price Of A Used Car, Sentenced To 13 Years In Federal Prison

BULLETIN: Stewart David Nozette, the Maryland man with a PhD from the Massachusetts Institute of Technology and a “Top Secret” security clearance, has been sentenced to 13 years in federal prison on charges of tax fraud and attempted espionage. The espionage case was brought by the FBI after Nozette — believing he’d been recruited by…

Mar 21, 2012
DEVELOPING STORY: JSS/JBP’s Frederick Mann Tells Americans, Canadians That Company Is Paying Them With Money From ‘New Members’ And That Firm’s Theoretical Income Streams May Be Insufficient To ‘Pay The 2 Percent’

“Where does JustBeenPaid get the money to pay that kind of interest?” — Caller “Michael” from “San Francisco” in March 15 JSS Tripler/JustBeenPaid conference call “Well, first of all, JBP or JSS Tripler is a revenue-sharing program, so that means some of the money comes from new members buying positions. Then, we are in the…

Mar 21, 2012
AdLandPro, Site Whose HYIP Shills Touted AdSurfDaily, Finanzas Forex And JSS Tripler/JustBeenPaid, Renews Attack Against RealScam.com — As ALP Swaps In Images Of Its Own Members Alongside Ad For ‘Escort’ Service

In November 2011, the PP Blog reported that Bogdan Fiedur of AdLandPro had threatened antiscam site RealScam.com with litigation. The bid to chill RealScam in the age of international mass-marketing fraud featured the registration of a domain styled RealScamClassActionSuit.com. With Fiedur trolling for suckers and hoping to make his intellectual dishonesty go viral, RealScam did…

Mar 19, 2012
UPDATE: WordPress Deactivates JSS/JBP Affiliate Blog That Prompted Investors To ‘Look At The Banks [That] Are Only Offering You .05-1% APR On Yearly Basis’

UPDATED 12:20 P.M. ET (U.S.A.) Within six hours of Google indexing (earlier today) a JSS Tripler/JustBeenPaid affiliate Blog using WordPress as a free platform from which to attract investors, Word Press caused the post to disappear. Kudos to WordPress! Visitors to the Blog URL of dailyrevenueresourcegroup.wordpress.com now see a message that the Blog “has been…

Mar 18, 2012
SPECIAL REPORT: Hollow Claim: Caller Brings Up AdSurfDaily Ponzi Prosecution In JSS Tripler/JustBeenPaid Conference Call; Frederick Mann Tells Affiliates Operating In United States That ‘We Don’t Have An Office In The U.S.’

“[F]raudulent commercial schemes are not noted for their internal consistency.” — Professor James E. Byrne, consultant to FBI and Scotland Yard (among others) and HYIP expert hired by U.S. government to assess the alleged Pathway To Prosperity scheme in 2010 In a bizarre conference call for the JSS Tripler/JustBeenPaid “program,” a caller who identified himself…

Mar 17, 2012
South Carolina Attorney General Alleges Ponzi Scheme And False Statements By Purveyor; U.S. Secret Service Seen Carting Boxes From Purported ‘Precious Metals’ Business

UPDATED 7:31 A.M. ET (U.S.A., MARCH 17) State officials in South Carolina say Ronnie Gene Wilson and Atlantic Bullion and Coin Inc. were running a “precious metals” Ponzi scheme that gathered about $70 million from “numerous” investors in 25 states over the past three years. After dark Thursday, the U.S. Secret Service was seen carting…

Mar 16, 2012
EDITORIAL: The Astonishing Virality Of JSS Tripler/JustBeenPaid, A ‘Program’ That Purports To Pay A Return Of 2 Percent A Day And Makes Members Affirm They Are Not With The ‘Government’ — Even As Purported Operator Spotlights ‘Sovereign Citizen’ Implicated In Alleged Murder Plot Against Public Officials

EDITOR’S NOTE: For the purposes of this column, the PP Blog is reporting on only a small number of references to JSS Tripler/JustBeenPaid in the past 24 hours, as compiled by Google’s “Past 24 hours” feature. Google also has a “Past hour” feature. At the time of this post, Google is reporting “About 3,970” indexed…

Mar 16, 2012
BULLETIN: Greater San Francisco Investment Adviser ‘Conjured Up An Accounting Firm’ To Dupe Hedge-Fund Clients, SEC Says; James Michael Murray Of Market Neutral Trading LLC Sued Civily, Charged Criminally

EDITOR’S NOTE: Law enforcement has warned that “shell companies” are playing an increasingly larger role in criminal schemes, as scammers turn to them to sanitize their capers, disguise fraud, disarm skeptical investors and keep large sums of cash flowing. The threat to the U.S. economy and the corrosive effects on legitimate commerce cannot be overstated…

Mar 15, 2012
BULLETIN: BurnLounge MLM Operators, Top Promoters Ordered To Pay Nearly $17 Million In FTC Pyramid-Scheme Case

BULLETIN: A federal judge in California has ordered the operators and top promoters of the BurnLounge MLM scam to pay nearly $17 million. The FTC brought the BurnLounge pyramid-scheme case in 2007, saying the program “primarily provided payments to participants for recruiting of new participants, not on the retail sale of products or services.” In…

Mar 14, 2012

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