OWOW

(2ND UPDATE 3:26 P.M. EDT U.S.A.) Rod Cook, who publishes the “MLM Watchdog” and was threatened with a $40 million lawsuit by the AdSurfDaily Ponzi racketeers in 2008, is reporting that veteran swindler Phil Piccolo is back on the prowl. This time, Cook reports, it’s with a cobra-venom product sold at MyNyloxin.com. The product is […]

BULLETIN: Zeek Rewards members are being targeted in a new scheme with ties to the Phil Piccolo organization and are being solicited for sums ranging from $600 to $60,000 “in return for ” . . .  “guaranteed 50 percent interest” from a purported “unique and legal loan system” over an unspecified time period, the PP […]

In this editorial: Our assertion: Were he alive today and desperately needed cash, famed daredevil Karl Wallenda would find Zeek’s tightropes too dangerous to walk. Purported MLM “expert” sent to woodshed: Zeek “consultant” and former SEC defendant Keith Laggos reportedly gets the Zeek boot after using phrases associated with the investment trade and after suggesting […]

“WE NEED INTERNATIONAL SATELLITE PARTNERS: #1 must have minimum $25,000 deposit. #2 must have a good name in the country. #3 must be very honest and trustworthy. If you know of such a person in your country have them send a request to [deleted]@textcashnetwork.com.” — Feb. 13, 2012, Blog promo for Text Cash Network UPDATED […]

EDITOR’S NOTE: HYIP critics long have pointed out that many Internet-based schemes have members in common and that the interconnectivity of certain schemes creates a condition in which fraud proceeds circulate from scheme to scheme to scheme. Such fraud schemes can mushroom to involve tens of thousands — or even hundreds of thousands — of […]

The pitchman hosting a 90-day anniversary call yesterday for Text Cash Network introduced fellow TCN pitchman Joe Reid as an “absolute legend.” “In this industry, folks, facts tell, and stories sell,” a pitchman identified as “Eddie” said in remarks introducing Reid. “This gentleman is a legend — an absolute legend in the industry,” Eddie said. […]

UPDATED 5:05 P.M. ET (U.S.A.) Did One World One Website Inc. (OWOW) — the Phil Piccolo-associated company that appears to have been given some of the top positions in Text Cash Network (TCN) and recruited a huge downline with the knowledge of TCN management — try to fix its own problems last year by hatching […]

Some affiliates have claimed Text Cash Network (TCN) is part of a company known as “The Johnson Group.” Others have added an ampersand and mimicked the name of an internationally famous company, saying TCN is part of the “Johnson & Johnson Group.” Although photos appear online that show the name “TEXT CASH NETWORK” in large […]

EDITOR’S NOTE: This information is presented in the form of briefs. Georgia HYIP/Ponzi pair sentenced: Geoffrey A. Gish, 57, of Lawrenceville, was sentenced to 20 years in federal prison for his role in a $29 million “high-yield” scam that fleeced investors of more than $17 million. Myra J. Ettenborough, implicated in the same scam initially […]

UPDATED 12:46 P.M. ET (U.S.A.) One World One Website Inc. (OWOW), the company linked to MLM huckster Phil Piccolo, has been listed in Wyoming as “Inactive – Administratively Dissolved (Tax).” The state lists the firm’s “inactive” date as Nov. 10. OWOW’s ownership is not listed, although records suggest the firm organized itself to float 1 […]

In this Nov. 13 post, the PP Blog published a list of red flags concerning online promos for Text Cash Network (TCN), purportedly an emerging business “opportunity” involving text advertising and cell phones. A promo for TCN appeared — and then vanished — from a website linked to huckster Phil Piccolo, known online as “the […]