Ohio Department of Commerce Division of Securities

PP Blog Tag archives on references to "Ohio Department of Commerce Division of Securities."

Another ‘Ken Russo’ Disaster: Team Of Feds Hammers Alleged Operator Of ‘Program’ Pushed By Ponzi-Forum Legend

Another 'Ken Russo' Disaster: Team Of Feds Hammers Alleged Operator Of 'Program' Pushed By Ponzi-Forum Legend

UPDATED 7:51 EDT U.S.A. Let’s start by giving you the roster of federal agencies involved in the investigations and prosecutions of William M. Apostelos, 54, and Connie M. Apostelos, 50, his wife: (1.) The Office of U.S. Attorney Carter M. Stewart of the Southern District of Ohio. (2.) Internal Revenue Service Criminal Investigation. (3.) The […]

WTOL To Air Profitable Sunrise Report Titled ‘Holy Rip Off’

WTOL To Air Profitable Sunrise Report Titled 'Holy Rip Off'

EDITOR’S NOTE: GlimDropper, an administrator at the RealScam.com antiscam forum, gave PP Blog readers a heads-up on the WTOL report yesterday . . . WTOL, the CBS affiliate in Toledo, Ohio, says it will air a report Thursday (April 25) at 11 p.m. EDT titled “Holy Rip Off.” A teaser for the report shows photos […]

Joe Borg Of Alabama Securities Commission Tells WSFA That Profitable Sunrise Worked Because People ‘Kind Of Glossed Over The Mathematics’

Joe Borg Of Alabama Securities Commission Tells WSFA That Profitable Sunrise Worked Because People 'Kind Of Glossed Over The Mathematics'

EDITOR’S NOTE: Alabama was one of the first U.S. states to take action against the Profitable Sunrise HYIP “program,” issuing both an Investor Alert and a cease-and-desist order last month. The C&D lists two alleged “agents” of Profitable Sunrise, demonstrating that a “program” can create problems for pitchmen, perhaps even as the “program” operators make […]

BULLETIN: Kentucky Issues Emergency Cease-And-Desist Order To Profitable Sunrise; Order Identifies Possible Pitchwoman Issuing News Releases That Include Link To ‘HYIP Investment Calculator’; [UPDATE: Ohio, Other States Issue Warnings]

BULLETIN: Kentucky Issues Emergency Cease-And-Desist Order To Profitable Sunrise; Order Identifies Possible Pitchwoman Issuing News Releases That Include Link To 'HYIP Investment Calculator'; [UPDATE: Ohio, Other States Issue Warnings]

EDITOR’S NOTE: Ohio now has issued a warning on Profitable Sunrise, saying 15 other states also have issued warnings. Information from Ohio and other states has been added to the Comments thread below . . . BULLETIN: (UPDATED 2:01 P.M. EDT (U.S.A.) The state of Kentucky has issued an emergency cease-and-desist order to the Profitable […]

Ohio Man Who Swindled Investors In High-Yield T-Bill Scam Found Guilty Of 11 Felonies; Sentencing For Isaac J. Castile III Set For Nov. 19

Ohio Man Who Swindled Investors In High-Yield T-Bill Scam Found Guilty Of 11 Felonies; Sentencing For Isaac J. Castile III Set For Nov. 19

UPDATED 3:15 P.M. EDT (U.S.A.) Isaac J. Castile III of Reynoldsburg, Ohio, has been found guilty of 11 felonies in a securities swindle that promised annual returns of 100 percent, the Ohio Department of Commerce Division of Securities announced today. A Franklin County jury returned the verdicts after a four-day trial, the agency said. Castile, […]