Posted by ASDUpdates on June 19th, 2013
It appears that Leaming’s attempt to stay the Forfeiture of his “property” has not met with favor. Here’s what Judge Leighton had to say:
No. 12-cr-5039-RBL
ORDER DENYING MOTION TO STAY FORFEITURE
(Dkt. #269)
Defendant “directs” the Court to stay forfeiture of his property pending appeal (because he is quite certain that there are “fundamental jurisdictional issues” concerning whether a federal court has the authority to hear federal criminal trials). The property at issue is Defendants’ firearms and regalia related to his sovereign citizen club, including pretend law enforcement badges. Defendant, already a felon before this conviction, offers no reason to stay forfeiture.
Well, that answers that. I really like Judge Leighton, he doesn’t mince words.
Tags: criminal, federal, Kenneth, Keny, Leaming, Wayne
Posted in ASD Updates, Leaming | No Comments »
Posted by ASDUpdates on June 19th, 2013
As some may recall, around the end of April a ProSun affiliate, James Paul Schilling, filed a Pro Se Motion to Release $57, 300 that he had Wire transferred to Profitable Sunrise. Today, he received an answer from Judge Thrash, as follows:
ORDER
This is an SEC enforcement action. It is before the Court on the pro se Motion to Unfreeze and Release Cash Wire Transfers [Doc. 13] of James Paul Schilling. This attempt to intervene is prohibited by 15 U. S. C. § 78u(g). The Motion to
Unfreeze and Release Cash Wire Transfers [Doc. 13] is DENIED.
SO ORDERED, this 19 day of June, 2013.
Tags: complaint, federal, Novak, Ponzi, profitable, Roman, SEC, sunrise
Posted in ASD Updates, Other Ponzi Scams, Profitable Sunrise, Pyramid Schemes, Scams | No Comments »
Posted by ASDUpdates on June 18th, 2013
The second installment of Kevin Thompson’s atricle regarding the FTC’s guidelines for online marketing has arrived.
This article was written by +Kevin Thompson in collaboration with our stellar summer associate, Jake Perry.
In the last article, FTC’s Disclosure Guidelines for Online Marketing: How to get it right (Part 1), we walked through the Federal Trade Commission’s recently published .com Disclosure Guidelines (fully included below). In this installment, we’re going to walk through five hypothetical examples of common marketing claims made in the MLM industry. The goal of this post is to provide you with practical, easy-to-understand tips on how to make proper claims.
The format is simple: I’m going to give you common fact patterns of how claims are made in the MLM industry. Then I’ll show you what most distributors would WANT to do as far as making disclosures. Then I’ll show what they SHOULD do, as per the .com Disclosure Guidelines. These guidelines apply whether the company is an MLM startup or a well-established company.
Read the rest of the article here..
Tags: disclosures, FTC, guidelines, marketing, MLM, online, startup
Posted in ASD Updates, Online Marketing | No Comments »
Posted by ASDUpdates on June 18th, 2013
This is a must-read, from BehindMLM.com:
JubiRev & AddWallet: MLM revenue-sharing in crisis
Jun.18, 2013
Revenue-sharing, profit-sharing, a daily leadership bonus, daily bonus pool, a VIP points pool, a retail profit pool… whatever you want to call the latest attempt to marry MLM to the Ponzi scheme business model, the good news is that this industry damaging niche appears to be on its last legs.
Today we take a look at the last two major revenue-sharing MLM companies still in operation, AddWallet and JubiRev.
Why these two companies? By and large they are seen as the last two major “we are not a Ponzi scheme” MLM companies still in operation today. The final twin bastions of so-called legitimacy in the Ponzi points business model.
Both companies initially attracted investors on the heavily repeated profession that their revenue-sharing schemes were above-board and not just rehashes of the Ponzi points schemes flooding the MLM industry.
As collapses appear on the horizon and declining daily ROIs plague the MLM revenue-sharing niche, how have AddWallet and JubiRev weathered the storm? [Read the rest of this entry...]
Tags: AddWallet, JubiMax, JubiRev, revenue, revenue-sharing, sharing
Posted in ASD Updates, HYIP, Other Ponzi Scams, Pyramid Schemes, Scams | No Comments »
Posted by ASDUpdates on June 15th, 2013
Well, the date has been changed again, to July 23rd. Below is from the case History page:
NOTICE of Hearing on Motion re: [84] MOTION to Intervene and for an Order Dissolving the Appointment of a Temporary Receiver and Memorandum in Support Thereof : Motion Hearing RE-SET for 7/23/2013 10:30 AM in Courtroom 3, 401 W Trade St, Charlotte, NC 28202 before Senior Judge Graham Mullen.
Tags: clawbacks, Craddock, Disner, Rewards, SEC, Zeek
Posted in ASD Updates, Zeek Clawbacks, Zeek Crazy Stuff, Zeek Rewards Suits | 2 Comments »
Posted by ASDUpdates on June 12th, 2013
It seems the site was having some Database connection issues, perhaps part of a localized problem in the vicinity of the servers since other domains were having problems also. As best I can tell, the site was only down for around 12 hours.
Posted in ASD Updates | No Comments »
Posted by ASDUpdates on June 4th, 2013
Docket Information and Related Docket Entries
Case 3:12-cv-00519-GCM
| Filed: |
06/04/2013 |
| Entered: |
06/04/2013 |
| Entered By: |
Suzanne Barber, |
| Event Name(s): |
Order on Motion to Continue Other |
Full Docket Text:
TEXT-ONLY ORDER granting 147 Motion to Continue Hearing. Hearing on Motion re: 84 Motion to Intervene and for an Order Dissolving the Appointment of a Temporary Receiver and Memorandum in Support Thereof: Motion Hearing RE-SET for July 17, 2013 10:30 AM in Courtroom 3, 401 W Trade St, Charlotte, NC 28202 before Senior Judge Graham Mullen. Entered by Senior Judge Graham Mullen on 6/4/2013. (Pro se litigant served by US Mail.)(stb)
Tags: clawbacks, Craddock, Disner, federal, fraud, kettner, Liquidation, Ponzi, receiver, Rewards, SEC, Zeek, Zteambiz
Posted in ASD Updates, Scams, Zeek Clawbacks, Zeek Crazy Stuff, Zeek Rewards Suits | 1 Comment »
Posted by ASDUpdates on June 4th, 2013
Looks like there is trouble in Paradise. Subpoenas were issued for Don Gillette, Melton McClanahan and John Schepcoff, Yes, John Schepcoff, the guy with the “1000 times better than Zeek Rewards” new program in Hong Kong for whom he is recruiting.
Along with these 3 subpoenas, PayPal and Societe Generale (A French multinational bank and finance company) were also issued subpoenas. I have uploaded these onto the Files Website.
| Date Filed |
# |
Docket Text |
| 06/04/2013 |
|
NOTICE Of Filing by Securities and Exchange Commission (Attachments: # 1 Subpoena to Testify at a Deposition to Don Gillette, # 2 Subpoena to Testify at a Deposition to Melton McClanahan, # 3 Subpoena to Testify at a Deposition to John Schepcoff)(Huddleston, Pat) (Entered: 06/04/2013) |
| 06/04/2013 |
|
NOTICE Of Filing by Securities and Exchange Commission (Attachments: # 1 Subpoena to Paypal, Inc., # 2 Subpoena to Societe Generale)(Huddleston, Pat) (Entered: 06/04/2013) |
Tags: complaint, Don, federal, Generale, Gillette, john, McClanahan, Melton, PayPal, profitable, Schepcoff, Societe, subpoena, sunrise
Posted in ASD Updates, Other Ponzi Scams, Profitable Sunrise | 7 Comments »
Posted by ASDUpdates on June 3rd, 2013
This comes directly from the website bearing the names of Trudy Gilmond and Kellie King, two Zeek affiliates who garnered around $1.5 Million from Zeek Rewards, according to court filings. However, they are asking people to donate to their “cause” and help pay for a rather high powered attorney, Ira Sorkin. What really sticks in your craw is they have enough money between them to litigate their own case without asking for donations.
And true to the usual Ponzi sequence of events, they are using the same old crap that if they win their motion, all Affiliates win. It’s like every other “legal action” group that says those words, like Zteambiz, when they are really protecting themselves and not the entire Zeek membership. Gilmond and King are protecting their $1.5 Million in Zeek profits, let’s be clear about that.
I also like how they say “the SEC has litigation in Florida on June 5th”; it’s phrased as if the SEC only has one Attorney or something. The actual reason is the SEC attorney prosecuting the Zeek case has a case in Florida on that date. The continuance request entered was for 10 days after the 5th; you do the math.
UPDATE
June 1, 2013
We received a phone call from Ira Sorkin that the Oral Arguments Hearing scheduled for June 5th at 10:30 in North Carolina has been rescheduled. The SEC has litigation scheduled in Tampa, Florida for this date. Please keep posted by viewing this website for the newly scheduled date.
We would also like to say a big THANK YOU to the supporters of this motion for your donations. To date, we have received $2,442.00. We have been so surprised to see these donations coming from places like Russia, Australia, Israel, United Kingdom, Ukraine, London and Latvia! One supporter told us that she had purchased VIP Sample Bids but never received any earnings from Zeek………and donated to support our motion. How amazing is that?!?!
The cost to get the Motion to Intervene delivered by Ira Sorkin and his team thus far has been just over $100,000. Please consider that if this Motion to Intervene is successful, that the clawback litigation Kenneth Bell is proceeding with will STOP! If you earned money through Zeek Rewards, the winning of this motion will be financially beneficial to you.
Thanks again for all of your support.
Sincerely,
Trudy and Kellie
In the ASD Ponzi case, there were around 120 Motions to Intervene filed. Guess how many of them were granted. That’s right, ZERO. I don’t see this Motion to Intervene doing any better. Yes, they have a big name attorney who has SEC experience. I cannot see how that actually changes things that much, but time will tell. perhaps he will make a good argument, or perhaps this is all an exercise to set a precedence.
Tags: clawbacks, Craddock, Disner, Gilmond, kettner, King, Ponzi, receiver, Rewards, SEC, Zeek, Zteambiz
Posted in ASD Updates, Other Ponzi Scams, Pyramid Schemes, Scams, Zeek Clawbacks, Zeek Crazy Stuff, Zeek Rewards Suits | 2 Comments »
Posted by ASDUpdates on June 3rd, 2013
This comes from the MLM Watchdog website:
GOOD HONEST TRICKS
LOOKING FROM THE OUTSIDE FOR THE BEST
& A STABLE GOOD MLM NETWORK MARKETING COMPANY
MLM Detective Due Diligence “Investigate” Program 2012™
SMART MAN/WOMAN MLM RESEARCH BY Push Buttons & Brain To Find Good – Better-Best MLM
12 SIMPLE DUE DILLIGENCE GOOD INVESTIGATIONS TO FIND THE BEST – OR GOOD MLM NETWORK MARKETING COMPANY SUPER SHARP SHOPPERS SECRETLY LOOK FROM THE OUTSIDE OF A Good Best or Top MLM NETWORK MARKETING COMPANY
AND HOW TO AVOID SCAMS
Click here to read the report: http://www.mlmwatchdog.com/FIND_BEST_GOOD_MLM_NETWORK_MARKETING_COMPANY.html
Tags: Diligence, Due, MLM, networking, Watchdog
Posted in ASD Updates, Scams | No Comments »
