Tag: fraudulent debt elimination tactics

KABOOM! Texas Jury Hits ‘Debt-Repair’ MLM Firm With $13.8 Million Verdict; Panel Even Says Defendants Must Pay State’s Cost If They Appeal

BULLETIN: UPDATED 10:03 P.M. EDT (U.S.A.) A jury in Harris County, Texas, has thrown down the gauntlet to hucksters targeting financially strapped consumers by finding more than 1,400 violations and returning a spectacular verdict of $13.8 million against a purported “debt repair” firm that had a multilevel-marketing component. The jury, which found that the accused…

Apr 26, 2011
FBI Director Again References ‘Shadow Banking System’ In Congressional Testimony; Warns About ‘Homegrown Violent Extremists’ And ‘Lone Actor’ Terrorists

EDITOR’S NOTE: Still selling autosurfs and HYIPs? Quick! Name your autosurfing neighbor, his or her neighbors, the source of their funding — and describe their intent. Do you even know the names of the program owners, the venues from which they operate and the sources of their funding? How many companies do they own? How…

Apr 16, 2010

KABOOM! Texas Jury Hits ‘Debt-Repair’ MLM Firm With $13.8 Million Verdict; Panel Even Says Defendants Must Pay State’s Cost If They Appeal