AdSurfDaily

UPDATED 11:31 A.M. EDT U.S.A. In 2010, the Federal Trade Commission took action against an online venture known as iWorks. This allegation appeared on Page 7 of the FTC’s Dec. 21, 2010 complaint: “They have also attempted to drive down their chargeback rates by threatening to report consumers who seek chargebacks to an Internet consumer […]

9th UPDATE 9:01 P.M. EDT U.S.A. Indianapolis-based USHBB Inc. and three of its principals — James A. Moore, Robert Mecham and Oscar H. Brown — have been sued by the court-appointed receiver in the Zeek Rewards Ponzi- and pyramid-scheme case. Receiver Kenneth D. Bell alleges USHBB, a producer of videos, also did work for the […]

“Serving as the U.S. Attorney for the District of Columbia has been the highest honor of my professional career. I am tremendously grateful to the President, Attorney General Holder, and Congresswoman Eleanor Holmes Norton for placing their trust in me. The men and women of this office are among the most dedicated and talented public […]

BULLETIN: Florida resident Robert Craddock, a figure in the Zeek Rewards Ponzi-scheme story, has been indicted in a separate scheme involving the alleged theft of more than $135,000 from a compensation fund set up to assist businesses affected by the Deepwater Horizon oil spill in 2010. The office of U.S. Attorney A. Lee Bentley III […]

EDITOR’S NOTE: Part 1 of this two-part PP Blog series covered allegations against an alleged New York City-based TelexFree promoter . . . **__________________** 2ND UPDATE 9:42 A.M. EDT U.S.A. Though not charged as a defendant, the emerging “MyAdvertisingPays” (MAPS) scheme is referenced in a proposed class-action lawsuit filed against multiple TelexFree figures and financial […]

UPDATED 8:42 P.M. ET U.S.A. Members of the faith community joining MLM HYIP schemes is a problem. It happened with the $119 million AdSurfDaily Ponzi scheme and the $72 million Legisi scam in 2008, for example. It’s happening currently with the “Achieve Community” scheme. Earlier, members of TelexFree  — an alleged $1.8 billion pyramid scheme […]

UPDATED 6:20 A.M. ET U.S.A. “BRING THE BACON HOME,” a bizarre Ponzi-board “program” purportedly operated by “Sherilyn” from “Singapore” and pushed on YouTube by Achieve Community hucksters Rodney Blackburn and Mike Chitty, reportedly collapsed during a so-called Beta launch this week and has been put on hold. The “program” purportedly turns $40 into $1,800. Achieve […]

One of the core signatures of an HYIP scam is highlighted when a “program” is presented as a “Plan B,” typically in the context of creating “multiple income streams” or “in case Plan A fails, you’d better have a “Plan B.” Zeek Rewards A-lister Keith Laggos gushed about Lyoness, his “Plan B” program. Zeek collapsed […]

“6. I affirm that I am not an employee or official of any government agency, nor am I acting on behalf of or collecting information for or on behalf of any government agency. I affirm that I am not an employee, by contract or otherwise, of any media or research company, and I am not […]

If the Autorité des marchés financiers (AMF) gets its way, a website styled maxhyip.com will be shut down and its operator blocked from promoting “products and services relating to various high-yield investment programs (HYIP[s]) to Quebeckers.” The alleged operator of the site is Steeve Beaudin, against whom AMF is seeking a cease-trade order and “administrative […]

“Affiliates found to be contributing to the negativity on the Internet will have their accounts locked, they will be banned from participating in the Banners Broker system and they will forfeit all of their inventory and revenue.” —  Banners Broker threat to members, February 2014 “It is the position of investigators that this business was […]