ASD

EDITOR’S NOTE: HYIP critics long have pointed out that many Internet-based schemes have members in common and that the interconnectivity of certain schemes creates a condition in which fraud proceeds circulate from scheme to scheme to scheme. Such fraud schemes can mushroom to involve tens of thousands — or even hundreds of thousands — of […]

Are the Ponzi clouds darkening for JSS Tripler? On Feb. 4, the PP Blog reported that a JSS Tripler-related website listed in an action by CONSOB, the Italian securities regulator, was based in the United States and had been programmed to redirect to the Netherlands several days after CONSOB announced the action. That domain — […]

“strosdegoz,” the serial Ponzi-board pitchman who claims to have a presence on at least 35 forums or websites that promote “programs” that advertise preposterous returns, has killed a MoneyMakerGroup post he created that showed JSS Tripler 2 (T2) is accessible via wire in the United States. The original post, which appears to have been created […]

The bizarre international spectacle created by JSS Tripler 2 (T2) is continuing — and gets stranger and more insidious by the day.  The purported “opportunity,” which is trading on the name of a murky entity known as JSS Tripler and apparently cloning its Ponzi business model, has announced a restart after weeks of existing in […]

On Jan. 23, CONSOB, the Italian securities regulator, made public an action against promoters of JSS Tripler, a “program” that advertises an annualized return of 730 percent. The claim alone would be enough to make Bernard Madoff or Charles Ponzi himself blush. Or projectile-vomit. But if the CONSOB action were not trouble enough, one of […]

AdSurfDaily figure and purported “sovereign citizen” Kenneth Wayne Leaming has pleaded not guilty to all six felony counts contained in a grand-jury indictment returned Jan. 26. U.S. Magistrate Judge Karen L. Strombom presided over Leaming’s arraignment at 1:30 p.m. PT in Tacoma, Wash. Leaming, 56, of Spanaway, Wash., remained in federal custody after the proceeding. […]

UPDATED 1:33 P.M. ET WITH LINK TO INDICTMENT: AdSurfDaily figure and purported “sovereign citizen” Kenneth Wayne Leaming is facing new federal-felony charges. Leaming, 56, originally was arrested in November 2011 by an FBI terrorism task force on charges of filing false liens against at least five public officials involved in the ASD Ponzi scheme case. […]

“I dont care what the CONSOB or whatever says because I am not an Italian.” — TalkGold poster known as “WallStreetIsAPonzi,” Jan. 28, 2012 Even as CONSOB, the Italian securities regulator, is publishing an announcement on its website that promoters of a bizarre HYIP known as JSS Tripler are under investigation amid preposterous claims that […]

BULLETIN: Timothy Shawn Donavan, one of two federal fugitives from Arkansas found in Washington state Nov. 22 with AdSurfDaily figure and purported “sovereign citizen” Kenneth Wayne Leaming, is back in jail. Separately, records show that Leaming’s Washington state firm was the registered agent for two defunct companies linked to the alleged Donavan mail-fraud scheme and […]

URGENT >> BULLETIN >> MOVING: Your time soon may be up if you’re flogging the absurd HYIP known as JSS Tripler. CONSOB, the Italian securities regulator, has opened a probe into the activities of multiple promoters amid concerns the purported “program” is being offered to Italian citizens unlawfully as a security. JSS Tripler is an […]

Veteran Ponzi-board huckster “strosdegoz,” also known as “manolo,” now is flogging a new “program” known as “Huge Yield.” There already is an unconfirmed report that HugeYield has suffered a DDoS attack. “strosdegoz” emerged last year as a regular shill for Club Asteria, the purported Virginia-based program that became a Ponzi-forum darling and later announced its […]