Archives for News - Page 2
DasCoin Is Using Trademark Complaints On YouTube To Silence Their Critics
This morning I found out that DasCoin is using Trademark Complaints on YouTube to try to silence their critics. First they tried to silence me with a DMCA take down of my article about them, and now they are trying to use a Trademark complaint. Let's hope that they are unsuccessful.
MOBE Update: Suitepay Escapes With Over $1.6 Million In Victims Money
In the Receiver's Initial Report about the MOBE scam, we find out that he has recovered over $8 million to date, and is expect to recover another $6.3 million later on. We also find out that Suitepay a California-based payment processor has escaped with over $1.6 Million In MOBE money. The Receiver is investigating the matter, and may choose to file a criminal complaint.
Jon Taylor Founder Of The Consumer Awareness Institute Has Passed Away
One of the great consumer advocates and anti-MLM advocates has passed away. When I first started my reporting on scams, his research was key to finding out the truth about the many MLM scams that have been run in the past.
Sellers Playbook Scam Halted
The Federal Trade Commission and the State of Minnesota have charged Minnesota-based Sellers Playbook with running a large business opportunity scam. A federal court temporarily halted the operation pending resolution of the case.
TelexFREE Scam: Santiago De La Rosa Will Pay $1,092,013
After Santiago De La Rosa was unable to get the case against him dismissed by the court, he has settled with the SEC for his part in the TelexFREE Scam.
Skyway Capital/Skyway Group Warning Issued In New Zealand
The warnings about the Skyway Capital scam continue to roll out. This month New Zealand joins Belgium, Lithuania, and Estonia in warning their residents about Skyway Capital/Skyway Group.
Morgan Johnson’s $54 Million Digital Altitude Judgment Suspended
Morgan Johnson of the Digital Altitude scheme that falsely claimed it would enable people to earn substantial income online, and Upside LLC used to process consumers’ credit card payments, are banned from selling business coaching programs and investment opportunities under settlements with the Federal Trade Commission.
Dollars & Sense Host Bob Guess Sentenced to 12 Years
Bobby Eugene Guess, who at one time touted his investment skills through a radio show called “Dollars & Sense” and with in-person financial seminars, was sentenced to 12 years in prison on July 3 for fraud in the sale of millions of dollars in securities in a worthless internet company.
Jamberry The End?
In a recent video by Jamberry representatives, issues with shipping and delays in payment of commissions were discussed. They also claimed, Jamberry has quit communicating with their reps and they are wondering who is managing the company.
Digital Altitude Scam Can’t Be Reopened By The Receiver
Back in February, the FTC shutdown the Digital Altitude scam. The Receiver released their first report on the Digital Altitude scam in March. At that time the Receiver believed that the business could not be operated legally and profitably. This conclusion remains the same in their second report.
MOBE Scam Shutdown Key Questions Answered
Now that My Online Business Empire (MOBE) has been shutdown. There are some key questions that people have been asking. For example, what should I do next? Also, where is Matt Lloyd?
MOBE Scam Shutdown For Bilking $125 Million From Victims
Official word has arrived from the FTC today on the fate of My Online Business Empire (MOBE). A federal court has halted the MOBE scam and frozen the companies assets at the FTC’s request. They have been charged with bilking more than $125 million from thousands of people.
MOBE Scam Goes Dark In The Shadow Of The FTC
It now looks like the FTC is going after MOBE. A few days ago, all of the MOBE company websites went dark. Then promoters started making claims of action by the FTC.
DTube Revolution
Friends and internet neighbors, I am very happy to say that I have found the DTube community. I hope this can be my new home where I can share my opinions with you about the many scams that are out there trying to take advantage of people.
BitClub Network Scam Letter Of Caution
The North Carolina Secretary of State it not putting up with the BitClub Network Scam and has issued a Letter of Caution to a promoter of the BitClub Network who resides in North Carolina. Here is what that promoter did next.
