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INCREDIBLE: Now, A ‘Nuclear Power’ Fraud Scheme; SEC Suspends Trading Of Alternate Energy Holdings Inc. (AEHI) Stock And Seeks Emergency Asset Freeze
The SEC has suspended trading of Alternate Energy Holdings Inc. (AEHI) stock and gone to federal court in Idaho to seek an emergency asset freeze, the agency said. AEHI was manipulating its stock price with a blitz of press releases while CEO Donald L. Gillispie and Senior Vice President Jennifer Ransom were reaping secret profits,…
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BULLETIN: SEC Says Attorney Jonathan Star Bristol Helped Convicted Ponzi Swindler Kenneth Ira Starr Steal Millions Of Dollars From Celebrity Clients
BULLETIN: The SEC has charged attorney Jonathan Star Bristol with aiding and abetting the Ponzi and fraud scheme of convicted swindler Kenneth Ira Starr, the so-called “financial adviser to the stars.” Starr pleaded guilty to securities fraud, wire fraud and money-laundering in September. Among his former clients were former U.S. Secretary of State Henry Kissinger,…
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UPDATE: U.S. Attorney Says Ponzi Sentences Handed Down To The ‘3 Hebrew Boys’ Were Longest In History Of South Carolina District; Forex Fraudsters Bought $5 Million Private Jet, $900,000 ‘Party Bus’
UPDATED 4:16 P.M. ET (U.S.A.) Yesterday U.S. District Judge Margaret B. Seymour of the District of South Carolina sentenced the “3 Hebrew Boys” — Tony Pough, Joseph Brunson and Timothy McQueen — to a combined total of 84 years in federal prison for a massive Forex fraud and Ponzi scheme. Today the region’s top prosecutor…
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Judge Halts Alleged Sweepstakes Scam That Traded On Name Of Government And Used ‘Official Looking Seals,’ FTC Says; Schemers Tried To Dupe ‘Hundreds Of Thousands’ Of Consumers
A federal judge in California has halted a marketing scheme in which the symbols and language of government and the names of bogus government agencies with “official sounding names” were used to trick consumers into believing they’d won a sweepstakes, the FTC said. Twelve defendants have been charged in the alleged scheme, which charged consumers…
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BULLETIN: Court Dismisses Bizarre, ASD-Connected Lawsuit Filed By Leaming, Oesch; ‘Complaint Deteriorates Into Rambling,’ Judge Says
BULLETIN: A bizarre lawsuit filed against the U.S. government by AdSurfDaily figures Kenneth Wayne Leaming and Christian Oesch has been dismissed. In dismissing the complaint, Judge Christine Odell Cook Miller of the U.S. Court of Federal Claims agreed with the government’s contention that the court had no jurisdiction to hear the claim. The judge described…
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DISTURBING: Out On Bail After Ponzi Arrest, Is Andy Bowdoin Giving Marching Orders? Email Attributed To Former ASD Executive Gary Talbert Advises Members To Tell Claims Processor They Were Purchasing ‘Advertising’
UPDATED 9:28 A.M. ET (U.S.A.) On Dec. 1, a federal magistrate judge set bail of $350,000 for AdSurfDaily President Andy Bowdoin and ordered him not to commit a federal, state or local crime after his arrest by the U.S. Secret Service on charges of wire fraud, securities fraud and selling unregistered securities. Bowdoin, 76, was…
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LETTER TO READERS: Reflections On 1,000 PP Blog Posts, The Lionization Of Fools And An Unprecedented Crime Wave That Threatens National Security And Is Filling Stadiums With Victims
Dear Readers, This is actually Post No. 1,007 since the PP Blog switched to the WordPress platform two years ago this month. We’d hoped to commemorate our 1,000th WordPress post in the actual 1,000th post, but missed the chance because of Breaking News concerning the Financial Fraud Enforcement Task Force’s Operation Broken Trust. Several hours…
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BULLETIN: Madoff’s Son Found Dead In New York On Second Anniversay Of Father’s Arrest, New York Times Reports
BULLETIN UPDATED 11:51 A.M. ET (U.S.A.): Mark Madoff, the older of Ponzi swindler Bernard Madoff’s two sons, has been found dead in New York on the second anniversary of his father’s arrest, the New York Times is reporting. The death was the apparent result of a suicide by hanging, the newspaper reported. Mark Madoff’s body…
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