NASAA: Watch Out For Ebola-Related Scams, Especially On The Internet
The North American Securities Administrators Association (NASAA) today warned the investing public to watch out for Ebola-related scams. “Past experience tells us that periods of uncertainty or fear are prime time for con artist looking to make a quick score,” said William Beatty, NASAA president and Washington Securities director. “Investors should approach with caution any […]
Gary Calhoun, MPB Today MLM Operator, Jailed In Florida
UPDATED 5:52 P.M. EDT (JULY 31, U.S.A.) Gary Calhoun, the operator of the MPB Today MLM program who was charged in December with racketeering under Florida state law, is listed as a prisoner at the Escambia County Jail. Today was Calhoun’s sentencing date. The length of his sentence was not immediately clear. [July 31 UPDATE: […]
FEDS: Man Ran Theft Scheme From FTC Headquarters, Stealing More Than $218,000 From Consumer Watchdog Agency; Harold Hughes Faces Up To 10 Years In Prison After Guilty Plea
Two weeks after an employee of the U.S. Food and Drug Administration was accused of stealing confidential information from a government database to profit from illicit stock trades, another government employee accused in a separate case of taking advantage of his position to commit a crime has pleaded guilty. Harold Hughes, 58, of Arlington, Va., […]
FDA Chemist Cheng Yi Liang’s Very Bad Day: Busted By The Feds, Sued By The SEC For Trading On Information Lifted From Confidential Government Database
A chemist who works for the U.S. Food and Drug Administration has been charged criminally by federal prosecutors, arrested by federal agents in Maryland, sued by the SEC — and will go to bed tonight knowing his son has been arrested in the same case. Cheng Yi Liang, 56, of Gaithersburg, was accused of abusing […]
FTC Warns That Scammers Are Trading On Radiation Fears To Hawk Potassium Iodide Treatment In Aftermath Of Events In Japan; Be Cautious And Selective, Agency Advises
Fraudsters are following the headlines about radiation fears in Japan and designing sales pitches to scare U.S. consumers into buying potassium-iodide treatments, the FTC warned today. Last week, the agency warned against charity scams that may emerge to mine illicit profits from the devastating earthquake and tsunami. “Potassium iodide, or KI, can help prevent thyroid […]
Another MPB Today Site Uses Walmart’s Name In Domain Name; Positions ‘Grocery’ Biz As ‘Freedom Club’ In Domain Hidden Behind Proxy; Uses Images Of Buffet, Trump And Late Sam Walton
Yet-another domain linked to the purported MPB Today “grocery” program is using Walmart’s name in its domain name. The domain name is registered behind a proxy and uses images of Warren Buffet, Donald Trump and Sam Walton to position the opportunity as a “Freedom Club.” Sam Walton is the late founder of Walmart. It is […]
Pensacola Fraudsters Sentenced To Federal Prison; Pinnacle Quest International Vendors Sold ‘Tax And Credit Card Debt Elimination Scams,’ Federal Prosecutors, IRS Say
“They helped form a series of sham business entities and then promoted fraudulent debt elimination tactics intended for the sole purpose of concealing income from the IRS.” — Victor S. O. Song, chief, IRS Criminal Investigation As the U.S. Department of Agriculture was conducting a “review” of claims made by affiliates of a purported “grocery” […]
MPB Affiliate Says Members Are ‘Partners’ With Walmart And That Program ‘Guaranteed’ Not To Be Scam; Separate Promo Depicts Michelle Obama As Experiencing Oval Office Gas Attack After Sampling ‘Beans’ At Sam’s Club
UPDATED 10:42 A.M. EDT (U.S.A.) Using the soundtrack from the legendary rock band Heart’s 1985 hit single “What about love,” an affiliate of MPB Today is claiming on YouTube that the company’s members become “partners” with Walmart and that MPB’s multilevel-marketing (MLM) program is “Guaranteed” not to be a scam. Heart could not be contacted […]
MPB Today Operator Was Subject Of Inquiry By U.S. Food And Drug Administration For ‘Cell Rejuvenator’ Product That Claimed To Treat Lou Gehrig’s Disease, Alzheimer’s, Down Syndrome
Gary Calhoun, the operator of a multilevel-marketing (MLM) program that is targeting Food Stamp recipients, Ponzi scheme victims, foreclosure subjects and people of faith, received a warning letter in 2006 from the U.S. Food and Drug Administration for his marketing of a product that claimed to treat multiple diseases, according to federal records. Calhoun, who […]
BULLETIN: DO NOT INGEST: ‘Miracle Mineral Solution,’ Also Known As ‘Miracle Mineral Supplement’ Or ‘MMS,’ Produces ‘Industrial Bleach’ And Causes ‘Serious Harm,’ FDA Says
“Serious harm,” including “life-threatening low blood pressure,” may come to consumers who drink “Miracle Mineral Solution” (MMS), an “an oral liquid also known as “Miracle Mineral Supplement,†the U.S. Food and Drug Administration warned. The FDA warned consumers to “stop using it immediately and throw it away.” The product is being marketed online. When used […]