ASD

URGENT >> BULLETIN >> MOVING: (Fourth update 9:10 p.m. EDT U.S.A.) In court papers, the state of Ohio has called Nanci Jo Frazer’s Focus Up Ministries a “front” for the Profitable Sunrise HYIP scheme and alleges that Focus Up changed its name to Defining Vision Ministries Inc.  in June 2013 — two months after the […]

UPDATED 10:22 P.M. EDT (U.S.A.) The purported TelexFree “opportunity” is under investigation by multiple agencies in Brazil, its purported base of operations despite competing claims the company is headquartered in the United States.  The notes below concern TelexFree’s U.S. presence and positioning. They are presented in no particular order of importance. TelexFree says it is […]

Anthony Vassallo pulled a page from Ponzi schemer Andy Bowdoin’s playbook when he advanced a conspiracy theory that his own defense counsel was working with the government to sell him down the river. It didn’t work for Bowdoin, the 78-year old recidivist securities fraudster now serving a 78-month prison term after claiming he’d been “hoodwinked” […]

The Dispatch of Lexington, N.C., published a story June 7 to update readers on Zeek Rewards-related litigation — specifically the date of a hearing on a motion by certain Zeek members (alleged net winners) to dissolve the receivership. (See link to story/Comments below.) As of this morning, about 27 comments appear below the story. The […]

Raymond Leo Jarlik Bell, a 70-year-old purported “sovereign citizen” linked to AdSurfDaily figure Kenneth Wayne Leaming, has been sentenced to 97 months in federal prison for a tax scam. In July 2011, federal agents found records of bogus liens filed by Leaming against public officials while executing a search warrant at Jarlik Bell’s residence in […]

HYIP apologists dating back (at least) to the AdSurfDaily Ponzi scheme in 2008 ($119 million) have bizarrely sought to defend their favorite scams by steering discussions off the track. Why talk about the recidivist securities felon who presided over ASD (Andy Bowdoin), for instance, when the “real menace” is the Bilderberg Group? And, hey, since […]

A “program” the PP Blog reported may have ties to the so-called “sovereign citizens” movement appears to have wiped out investors and perhaps zeroed out the purported earnings of many of them, according to posts at the MoneyMakerGroup Ponzi-scheme forum. In fact, according to one post, the “ProfitClicking” program perhaps now can be best described […]

BULLETIN: On the heels of the apparent shutdown of Costa Rica-based Liberty Reserve as part of an international money-laundering investigation, “PerfectMoney” says it is banning users from the United States. Perfect Money purportedly operates from Panama. (More below.) In an announcement dated today on its website, Perfect Money says that “due to changes in our […]

URGENT >> BULLETIN >> MOVING: (UPDATED 10:55 P.M. EDT U.S.A.) AdSurfDaily figure and purported “sovereign citizen” Kenneth Wayne Leaming has been sentenced to eight years in federal prison. His former business associate and fellow purported “sovereign” David Carroll Stephenson has been sentenced to 10 years. Stephenson already was serving prison time for a tax scam. […]

BULLETIN: Federal prosecutors in the Western District of Washington have asked Judge Ronald B. Leighton to sentence AdSurfDaily figure and purported “sovereign citizen” Kenneth Wayne Leaming to 10 years in federal prison, the maximum term under the law. Leaming, 57, of Spanaway, Wash., was found guilty March 1 on charges of filing false liens against […]

EDITOR’S NOTE: This story was updated at 9:37 a.m. EDT on May 13 and again on May 17 at 2:24 p.m. to reflect that Kenneth Wayne Leaming is demanding payment from a federal judge in ounces of silver, not dollars . . . Devitoe Farmer, the purported Tennessee “sovereign citizen” indicted last year on charges […]