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Tag: Profitable Sunrise

TELEXFREE: Promoters Tell Brazilian Prospects To Create Registration Address In England — And To Appear At Door Of Brazilian Supreme Court Judge

EDITOR’S NOTE: At the time of the publication of this story, the PP Blog was experiencing trouble loading graphics. The probable cause of this is a conflict between certain plugins used by the Blog. We are working to correct this problem . . . ** _____________________________ ** UPDATED 12:25 P.M. EDT (U.S.A.) TelexFree, an…

Sep 9, 2013
United Kingdom’s Financial Conduct Authority Issues Warning On SolidTrustPay, An HYIP Darling On The Ponzi Boards

UPDATED 3:33 P.M. EDT (U.S.A.) Thanks to PP Blog reader “Tony,” who first posted a link to the FCA warning in this story thread on how a Profitable Sunrise Facebook site was being used to promote TelexFree, an alleged pyramid scheme. In April 2013, the SEC described Profitable Sunrise as a murky offering fraud that…

Sep 4, 2013
Profitable Sunrise Facebook Site Again Used To Drive Business To TelexFree, An Alleged Pyramid Scheme

A Facebook cheerleading site for Profitable Sunrise — alleged in April by the SEC to have conducted an offering fraud that may have gathered tens of millions of dollars through offshore bank accounts — again is being used to drive dollars the TelexFree scheme. The same Facebook site has been used to drive cash to…

Sep 3, 2013
Zeekers Targeted In New Scheme With Ties To Piccolo Organization

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…

Aug 30, 2013
**[UNCONFIRMED]** Report In Brazil Says Prosecutors Have Asked U.S. Court To Block TelexFree Accounts, New Signups **[UNCONFIRMED]**

**[UNCONFIRMED]** A report in Brazilian media translated by Google Translate from Portuguese to English says that prosecutors in Brazil have asked a U.S. court to prevent new members from joining TelexFree and to block the accounts of TelexFree figures Carlos Wanzeler, James Merrill, Carlos Costa and Lyvia Wanzeler. The PP Blog could not immediately confirm…

Aug 12, 2013
UPDATE: After Claiming It Was Interested In ‘Building A Network That Ticks,’ ‘CashCropCycler’ Appears to Be DOA; ‘NEOMutual’ Also Appears To Have Gone Missing After ‘Crowdfunding’ Claims

Touted on the MoneyMakerGroup Ponzi forum by former Zeek Rewards pitchman “mmgcjm,” a bizarre “program” known as CashCropCycler appears to have tanked. Joining CashCropCycler in the recent HYIP DOA lineup was NEOMutual, a purported “crowdfunding” opportunity that claimed it used bitcoin and a series of offshore payment processors to provide daily interest rates of 1.4…

Aug 11, 2013
First Reports Of Alleged Massive Ponzi Scheme In Greater Cincinnati: ‘Tens If Not Hundreds Of Millions Of Dollars,’ Complaint In Hamilton County Says

If the alleged Profitable Sunrise scheme were not bad enough in the Greater Toledo region of Northwest Ohio, there now are reports of a separate massive scheme in the Greater Cincinnati region of Southwest Ohio. Investors have gone to court to accuse Glen Galemmo of East Walnut Hills of operating an elaborate scam that may…

Jul 26, 2013
From Profitable Sunrise To ‘Guaranteed50kIn30days’: ‘What Would You Do With $50,800? Or Better Yet, What Would You Do With A MILLION $$!’

After the Profitable Sunrise intercontinental affinity-fraud and pyramid-scheme aimed at Christians, Rev. Jon Simmons has cast his net with a 5X5 matrix “program” known as “Guaranteed50kIn30days” and is fishing for a “team,” a source tells the PP Blog. “Turn your $50 [into] a MILLION Dollars!” Simmons trawled. Simmons was a Profitable Sunrise colleague of Nanci…

Jul 24, 2013
HourlyRevShare, Another ‘Ken Russo’ Ponzi-Board ‘Program,’ Reportedly DOA

HourlyRevShare, another in a long list of incongruous HYIP Ponzi-board “programs” pushed by serial huckster “Ken Russo” (also known as “DRdave”), reportedly has collapsed after taking a second bite of the Ponzi apple (purportedly as HRS II) after the original iteration collapsed. Other recent “programs” pushed by “Ken Russo” include Zeek Rewards and Profitable Sunrise,…

Jul 22, 2013
REPORTS: TelexFree Blocks Members’ Access To Back Offices, Claims Hacking Attempts

UPDATED 6:23 P.M. EDT (U.S.A.) There are at least three reports in Brazilian media today that say TelexFree has blocked members’ access to their back offices. A company attorney said the blockages were necessary because hackers had attempted an intrusion, according to reports in Portuguese translated to English by Google Translate. Here is a link…

Jul 17, 2013
BIZARRE: ‘Program’ Dubbed ‘CashCropCycler’ Has Ponzi-Board Presence And Zeek Pitchman While Touting Payouts Through PerfectMoney, SolidTrustPay And EgoPay — And Saying It Provides JSSTripler-Like Signup Bonus Of $10

A “program” with the bizarre name of “CashCropCycler” (Triple C) is being pushed on the Ponzi forums, amid claims it issues cashouts through offshore payment processors linked to fraud scheme after fraud scheme and gives enrollees $10 just for signing up. An earlier HYIP scam known as JSSTripler/JustBeenPaid that appears to have morphed into at…

Jul 16, 2013