ASAMonitor

After the news broke yesterday that Gregory N. McKnight, the accused operator of the Legisi HYIP Ponzi scheme, had pleaded guilty to wire fraud in a $72 million caper, things only got worse for the serial Ponzi-forum cheerleaders — not that they’re likely to abandon their practice of willful blindness while reaching across oceans to […]

The World Bank confirmed to the PP Blog this morning that a person named Andrea Lucas left its employment in December 1986, nearly 25 years ago. But Lucas was never a member of the World Bank’s board of directors, as many members of business “opportunity” known as Club Asteria have implied in online, MLM-style promotions […]

The TalkGold Ponzi scheme and criminals’ forum has deleted a “sticky” thread reportedly paid for by InstaForex, a dubious company named a defendant in a registration sweep conducted by the U.S. Commodity Futures Trading Commission last month. The PP Blog reported two days ago that InstaForex was using TalkGold to promote a scheme by which […]

UPDATED 12:04 P.M. ET (U.S.A.) In court filings this week in the AdSurfDaily autosurf Ponzi scheme case, federal prosecutors in the District of Columbia revealed a series of jaw-dropping numbers. The biggest of these is 500,000 — the number of pages of emails gleaned so far in the investigation, which began in July 2008. Because […]

UPDATED 10:56 A.M. EDT (U.S.A.) The ASA Monitor Ponzi and criminals’ forum now is redirecting to a website operated by CashX.com, a Canadian payment processor that hawks MasterCard debit cards and says it permits customers to withdrawn money to Liberty Reserve. Liberty Reserve is a Ponzi-friendly payment processor purportedly headquartered in Costa Rica after earlier […]

BULLETIN UPDATED 5:02 P.M. EDT (U.S.A.): The SEC has gone to federal court in Utah to halt the operations of Imperia Invest IBC, alleging a spectacular fraud that fleeced money from thousands of Americans with hearing impairments. Imperia was promoted from the MoneyMakerGroup Ponzi forum — one of the Ponzi forums promoting the MPB Today […]

BULLETIN: The U.S. Department of Agriculture (USDA) said this afternoon that the agency’s Food and Nutrition Service is following specific leads in the MPB Today matter and will “take appropriate action as needed.” For the first time, the agency used the word “investigate” in its remarks about MPB Today, an MLM tied to a purported […]

An MPB Today sponsor is asserting in a YouTube video that his upline is honest — but that other uplines in the company consist of liars who are “gonna tell you whatever they think you’re gonna want to hear” in a bid to get you to join the Pensacola-based multilevel-marketing (MLM) program that purports to […]

The Golden Panda Ad Zone forum, also known as the Online Success Zone (OSZ), appears to have died — again. Visitors are greeted with a note that says the forum is “currently unavailable.” Like ASAMonitor, MoneyMakerGroup and TalkGold, OSZ was a site that pitched Ponzi schemes, pyramid schemes, cash-gifting programs and other highly questionable business […]

Earlier this week the PP Blog reported that members of MPB Today were using YouTube and other sites to post images of checks drawn on a distressed Florida bank. The checks, which were supplied as purported “proof” of MPB Today’s legitimacy, may expose both the posters and the bank to security breaches and identity theft. […]

A Nevada-based business that appears to have collected the names and email addresses of 400,000 people worldwide scrubbed its launch and then scrubbed its relaunch, blaming it on technical difficulties. Websitetester.biz now says it will be back online “Sunday afternoon.” Although Alpha Market Research, the purported parent company of WebsiteTester.biz is registered as a corporation […]