Tag: TheInvestorsExchange.com
-
BULLETIN: SEC Hits Another Ponzi-Board Scam; Action Against CashFlowBot (DollarMonster) May Cause Restlessness Among ‘Small’ Operators
BULLETIN: The SEC has gone to federal court in Atlanta, charging the alleged operator of CashFlowBot (DollarMonster) with operating a Ponzi scheme. The “program” had a presence on Ponzi-scheme forums such as TalkGold and MoneyMakerGroup. James A. Evans, 33, of Villa Rica, Ga., has been charged with selling unregistered securities and securities fraud. The SEC…