DBO

PP Blog Tag archives on references to "DBO."

TelexFree’s Name Appears In Federal Court Filings In The SEC’s Pyramid And Ponzi Case Against WCM777

TelexFree's Name Appears In Federal Court Filings In The SEC's Pyramid And Ponzi Case Against WCM777

UPDATED 8:51 P.M. EDT (U.S.A.) Already under investigation in Massachusetts, is TelexFree destined to encounter trouble from state regulators in California and perhaps the U.S. Securities and Exchange Commission (SEC)? At least by Nov. 14, 2013, the California Department of Business Oversight (DBO) was asking questions about the TelexFree MLM scheme, according to filings in […]

Why California’s WCM777 Action May Spell Trouble For HYIP Promoters On You Tube

Why California's WCM777 Action May Spell Trouble For HYIP Promoters On You Tube

Still using social-media sites to promote massive fraud schemes — even after the AdSurfDaily, Zeek Rewards and Profitable Sunrise debacles? Thanks to his presence on social media, Harold Zapata, a WCM777 YouTube pitchman named a respondent in a Desist and Refrain order announced last month by California’s Department of Business Oversight, may be trapped between […]