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URGENT >> BULLETIN >> MOVING: SEC Files Complaint Against Profitable Sunrise; Purported ‘Opportunity’ Called An International ‘Pyramid Scheme’
URGENT >> BULLETIN >> MOVING: (17th update 4:02 p.m.) The SEC has filed a complaint against the ProfitableSunrise HYIP “program” in federal court in Atlanta. The story first was reported by CourthouseNewsService this morning. At the same time, the PP Blog has learned that the agency applied for an emergency asset freeze, explaining that Profitable…
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Profitable Sunrise Filed ‘No Answer Or Other Responsive Document,’ Colorado Securities Officials Say; HYIP Scheme Was Pitched On Classified-Ad Sites, Research Shows
Profitable Sunrise had come under investigation in Colorado at least by March 8 and was officially notified March 11 that the state suspected it was breaking securities laws, the state Securities Board says in filings this week. Colorado scheduled a hearing for March 25 after learning that Profitable Sunrise also was under investigation in North…
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UPDATE: WordPress Boots Alleged Profitable Sunrise Pitchman Named In CONSOB Action
WordPress has booted a Blogger named in an April 2 order by CONSOB, the Italian securities regulator. The Blog of Daniele Verzari now carries this message: “vdprojectitaly.wordpress.com is no longer available. “This blog has been archived or suspended for a violation of our Terms of Service . . .” HYIP schemes spread in part through…
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CNN’s Anderson Cooper 360 Expected To Air Segment On Zeek Rewards Tonight; [UPDATE: Report Apparently Delayed]
UPDATE 8:07 A.M. EDT (APRIL 4, U.S.A.) The report did not air during the 8 p.m. or 11 p.m. broadcasts, possibly because developments in other stories took precedence. Our April 3 story is below . . . The Blog of CNN’s Anderson Cooper 360 is carrying this teaser today: “360 Wednesday[:] One of the biggest…
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URGENT >> BULLETIN >> MOVING: CONSOB, Italian Securities Regulator, Takes Action Against Alleged Profitable Sunrise Promoter
URGENT >> BULLETIN >> MOVING: The Italian securities regulator CONSOB has filed a suspension order that names an alleged promoter of Profitable Sunrise, amid allegations that Profitable Sunrise is an investment program. The agency said it observed pitches for ProfitableSunrise on a WordPress Blog under the control of “Daniele Verzari, who presents himself to users…
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ZEEK RECEIVER TO NET WINNERS: ‘The Time For Court Action Is Drawing Closer’
UPDATED 1:20 P.M. EDT (APRIL 4, U.S.A.) The court-appointed receiver in the Zeek Rewards Ponzi scheme case has warned net winners that “the time for court action is drawing closer” and that “there is an opportunity for settlement.” Receiver Kenneth D. Bell published a letter to winners today on the website of the receivership. A…
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NO EASTER PAYOUT: How To Contact State Securities Regulators About Profitable Sunrise HYIP SCHEME; [UPDATED WITH INFO FOR PROVINCES IN CANADA]
UPDATED 8:49 A.M. EDT (APRIL 16, U.S.A.) Today is the day payouts were due on the bizarrely named Profitable Sunrise “Long Haul” 2.7-percent-a-day plan. The Profitable Sunrise website has been offline for 18 days, leaving investors in the lurch. All of the U.S. states and provinces in Canada listed below have issued Investor Alerts or…
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Profitable Sunrise Members Targeted In Easter Sunday Boat-Sharking For ‘TelexFree’ On Facebook; Viewers Told They Can Plunk Down More Than $15,000 For A ‘Contract’ That Provides Earnings Of At Least $1,100 A Week
UPDATED 12:42 P.M. EDT (U.S.A.) An apparent affiliate for an MLM “program” known as “TelexFree” is trying to recruit Profitable Sunrise members on Facebook on Easter Sunday morning. In yet another stunning example of disconnect within the MLM sphere, a poster left a link to a video titled, “Telex Free — Earn Weekly Posting Ads.”…
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URGENT >> BULLETIN >> MOVING: Kaufman County (Texas) District Attorney, Wife Found Shot And Killed In Their Home 2 Months After Assistant DA Was Gunned Down
URGENT >> BULLETIN >> MOVING: Mike and Cynthia McLelland were found shot dead in their home on Easter Eve. The McLellands lived in Forney, Texas. Mike McLelland is the district attorney of Kaufman County. The murders, WFAA.com is reporting, may have involved a 223-caliber assault rifle, similar to an AR-15. WFAA is reporting that law…
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