Tag: ICPEN

  • MyAdvertisingPays Pulls Out Of America, Leaving U.S. Affiliates In The Lurch; Cross-Border Scheme Alleges Libel, Defamation

    From PP Blog archives: On April 2, a video depicting President Obama as a fan of the MyAdvertisingPays “program” appeared on YouTube. An “Obama voice” was dubbed into the video, which also shows the Presidential Seal. Text below the video reads, “Mr. President speaks about the new advertising revolution.”
    From PP Blog archives: On April 2, a video depicting President Obama as a fan of the MyAdvertisingPays “program” appeared on YouTube. An “Obama voice” was dubbed into the video, which also shows the Presidential Seal. Text below the video reads, “Mr. President speaks about the new advertising revolution.”

    EDITORIAL: In April 2015, the PP Blog reported that a promo on YouTube put words in the mouth of President Obama and depicted him as a pitchman for MyAdvertisingPays, a cross-border scheme with  promoters in common with the alleged Zeek Rewards and TelexFree Ponzi- and pyramid schemes.

    “My AdvertisingPays pays its members every 20 minutes,” a mimicked voice of Obama said in the promo. “I highly recommend you to join MyAdvertisingPays.”

    Like many things in network marketing, this was reckless beyond measure. MAPS, as it is known, is reminiscent of the AdSurfDaily Ponzi scheme broken up by the U.S. Secret Service in 2008. ASD, sued by some of its own members amid allegations of racketeering and described by the Secret Service as a “criminal enterprise,” thought it prudent to trade on the name of President George W. Bush to drive dollars to its $119 million scam.

    It proved to be very imprudent for ASD to suggest a White House vetting and endorsement. The indictment against ASD operator Andy Bowdoin even referenced the bid to dupe members and prospects in this fashion . (Also see: “THE DAY ‘WINK-NOD’ DIED,” from the PP Blog on Dec. 2, 2010.)

    MAPS Suddenly Says It Is Withdrawing From United States

    After one or more MAPS’ promoters lifted footage of a Presidential address and used technology to put words in Obama’s mouth to help an MLM scheme spread its tentacles, it now has come to pass that MAPS — purportedly led by American Mike Deese of Mississippi via Anguilla, a British overseas territory — says it is pulling out of the United States.

    In an announcement dated yesterday and titled “THE MOST IMPORTANT UPDATE EVER RELEASED,” MAPS more than hinted it is not wanted in America: “We are going to focus on the place where we are wanted and are making huge strides,” MAPS said.

    That place is Europe, according to MAPS.

    “The decision comes on the heels of a declining marketplace in the US for our company.,” MAPS said. “It simply isn’t profitable for us to remain engaged there. Over 90% of our business already comes from Europe, while we are catering to the US members by operating in US currency. It doesn’t make good business sense to continue operating in a place and expending valuable resources in a market that’s steadily declining.”

    If MAPS is right — if it’s not wanted in America and if the U.S. market is steadily declining — we take this as good news that suggests MAPS perceives a serious threat from American law enforcement and class-action lawyers interested in suing under the federal RICO (racketeering) statute. Even so, it’s troubling that MAPS apparently sees a welcome mat for itself in Europe.

    About 50,000 Spaniards reportedly got sucked into the TelexFree scheme. TelexFree pain, in fact, lingers across Europe and the world. It is possible that it affected 1 million people or more. MAPS currently brags that it has “209805+ Users.”

    MAPS also is reminiscent of Banners Broker, another “advertising” program and a bizarre MLM “opportunity” ultimately described in Canada as a criminal enterprise. Among other things, Banners Broker thought it prudent to try to chill critics — like the Zeek Rewards, AdSurfDaily and AdViewGlobal schemes before it. (See Feb. 8, 2014, PP Blog story, “Banners Broker Cultists Rip Play From Zeek, AdSurfDaily, AdViewGlobal HYIP Scambook.”

    Like the other “programs,” MAPS now is planting the seed it is lining up people to sue.

    From the MAPS Oct. 15 announcement (italics added):

    On a different note, it has come to our attention that there exist multiple internet-based avenues being used for defamatory and libelous speech against MAP. Through our research, we have found many, if not all, of these claims to be without merit and simply an attempt by certain individuals to exploit the MAP name in order to heighten the popularity of their own product. MAP has served demand letters upon those individuals who engage in defamatory and slanderous rhetoric, and in anticipation of litigation, has prepared complaints against all such individuals. MAP would like to emphasize and reassure you that their decision to cease operations in the United States is in no way connected to the aforementioned defamation and libel claims.

     

     

     

  • BOOKMARK EConsumer.Gov: 34-Nation Coalition Takes Online Complaints About Pyramid Schemes And Other Cross-Border Scams

    recommendedreading1Modern scams that use the Internet can mushroom, creating victims in huge numbers in multiple countries. Let today be the day you bookmark EConsumer.gov. The PP Blog has placed a link in the right sidebar.

    The United States and 33 other countries are members of the International Consumer Protection and Enforcement Network or ICPEN.

    From the U.S. Federal Trade Commission in a news release published Oct. 13, 2015, and titled, “FTC and Consumer Protection Agencies from 33 Other Countries Unveil Updated Econsumer.gov Website”:

    “Increasingly, we live in a cross-border world in which consumers buy goods and services from around the globe, so the Econsumer.gov website is a valuable means of detecting and combating unlawful practices that are occurring across national boundaries,” said Nisha Arora, ICPEN president and senior director of the U.K. Competition and Markets Authority. “I encourage anyone who has encountered a problem that crosses national borders to send the details to econsumer.gov.”

    ICPEN is hosting a meeting for member-nations in the United Kingdom Oct. 13-16. Manchester is the host city.

    How big can the schemes get? The TelexFree scheme, for instance, allegedly generated more than $3 billion in transactions and potentially created more than 1 million victims globally in about two years of operation. (See Oct. 7 motion by court-appointed trustee Stephen B. Darr titled “MOTION BY CHAPTER 11 TRUSTEE FOR ENTRY OF ORDER FINDING THAT DEBTORS ENGAGED IN PONZI AND PYRAMID SCHEME AND RELATED RELIEF.”

    “Consumer complaints filed through econsumer.gov are entered into Consumer Sentinel, a complaint database maintained by the FTC, and are made available to enforcers and regulators in countries with participating agencies,” the FTC said. “Those agencies may use the complaints to investigate cross-border issues, uncover new scams, pursue regulatory or enforcement actions, and spot consumer trends.”