Category Archives: Profitable Sunrise

ProSun: SEC Files Motion for Default Judgment

ProSunThe SEC has filed a “Motion for Default Judgment and Response to Order to Show Cause”. In this Motion they state,

On March 6, 2015, the SEC requested entry of default against Inter Reef and all relief defendants, the Clerk entered such default on March 9, 2015. The Commission now asks that the Court enter default judgment against Inter Reef and the relief defendants, grant a permanent injunction against Inter Reef, and order that both Inter Reef and relief Defendants pay disgorgement and prejudgment interest in the amounts to be determined by a later hearing.

The SEC also filed a 21 page Brief in Support of this motion. I have uploaded these onto the Files website, documents 37 and 38.

ProSun: Deadline to File is Tomorrow

ProSunFederal District Judge Thomas W. Thrash issued an Order to Show Cause as to why the Profitable Sunrise case (13-cv-1104) should not be dismissed for lack of filings since July of 2015. The Judge gave the Plaintiffs, the SEC, 21 days to reply to this Order.

The deadline to file is on or before February 10, tomorrow.

ProSun: Judge Issues Order for SEC to Show Cause

ProSunThis is the first activity on this Docket for months.


 

O R D E R
The above complaint was filed on April 4, 2013, on April 4, 2013 the Court granted plaintiff’s Motion for Temporary Restraining Order; on April 15, 2013 the Court granted plaintiff’s Motion for Preliminary Injunction; Clerk’s Entries of Default have been entered as to various defendants; on July 15, 2015 the Court directed the Clerk of Court to Receive Repatriated Funds. Since that date no further action has occurred; IS THEREFORE

ORDERED that the plaintiff show cause in writing within twenty (21) days why the case should not be dismissed. The Clerk is DIRECTED to submit the case to the Court for further action at the expiration of the 21 days.

SO ORDERED, this 19th day of January 2016.

Case Updates, Nov 15, 2015

Achieve Community

  • Kristine Johnson – 15-cr-158 (WDNC) – The majority of docket entries are sealed by the Court. In June 2015, Johnson entered into a Plea Agreement (also sealed), sentencing was set for November 19. Forfeiture of moneys (over $7,301,255 ) and property ordered on November 10th.
  • Troy Barnes – 15-cr-254 (WDNC) – Case filed October 22nd, 4 Felony Counts; Trial was originally set for 30 days following arraignment; Motion to Continue was granted, Trial set for January 19, 2016.
  • SEC v Johnson, et al – 15-cv-299 (Colorado) – Trial set for December 5, 2016, at 8:30 a.m. United States Courthouse Annex, 901 19th Street, Denver, Colorado 80294

DFRF Enterprises, Inc.

  • SEC v DFRF Enterprises, Inc – 15-cv-12857 (Massachusetts) – On October 10, 2015, the SEC filed a ‘Motion to Intervene and Stay Discovery’ pending the resolution of a parallel criminal investigation.  The case was Ordered as Stayed on October 23, 2015.
  • USA v Filho – 15-cr-10214  (Massachusetts) – Case was filed August 5, 2015. Initial appearance was on September 3, 2015. Filho was remanded into custody. At the initial status conference on October 8, 2015, the defendant, represented by counsel, elected to voluntarily consent to detention without prejudice.  (the defendant was committed to the custody of the Attorney General for confinement in a corrections facility separate, to the extent practicable, from persons awaiting or serving sentences or being held in custody pending appeal)

eADGear / GoFunPlaces

  • USA v Wang, et al – 14-cr-488 (NDCal) – Both Wang and Yuen pleaded Guilty, judgement was ordered on October 27th; both men were sentenced to 46 months, and 3 years of supervised release.

Profitable Sunrise / Inter Reef, Ltd

  • SEC v Inter Reef, Ltd. – 13-cv-1104 (Northern Georgia) – This case has been static since July 2015. The last Order issued was for the repatriation of funds from a European Bank

TelexFree

  • USA v. Wanzeler et al – 14-cr-40028 (Massachusetts) – Due to the complexities of this case, things are progressing slowly. So far, 6 status conferences have been held, with another one prior to the scheduled trial date set for April 4, 2016. Carlos Wanzeler is still outside of the USA.
  • SEC v TelexFree, Inc., et al – 14-cv-11858 (Mass.) On October 8th, an Order was issued Granting the USDOJ’s Motion to Intervene and Stay Discovery pending the resolution of a parallel criminal proceeding. Fourth Status report was issued on October 15th.

USFIA

  • SEC v. Steve Chen et al – 15-cv-7425 – (Central Cal) Preliminary Injunctions, Asset Freezes, Receiver Appointed, Restraining Orders and Required Accounting are issued on October 8th.

Vemma Nutrition Company

  • FTC v. Vemma Nutrition Company et al – 15-cv-1578 (Arizona) On October 28th, an Order was issued Denying defendant’s Motion to Approve Revised Compensation Plan. The FTC is also opposing Vemma from using “Affirmative Defenses”.

Zeek Rewards

  • SEC v Rex ventures, et al – 12-cv-519 (WDNC) – Currently, the receiver, Kenneth Bell is still marshaling funds he has collected from a portion of “net winners”. The claw backs continue. Checks have been issued twice to approved claimants.
  • USA v Olivares, et al – 13-cr-335 *closed* – (WDNC) Dawn Wright-Olivares and Daniel Olivares pleaded guilty. Final judgements entered on February 28, 2014.
  • USA v Burks, et al – 14-cr-208 (WDNC) – After 3 Motions to Continue, a Court for a peremptory trial setting was requested for November 2015. A fourth Continuance was granted, trial is now set for the May 2016 term.
  • Bell v Burks, et al – 14-cv-89 (WDNC)  Default judgement entered against Defendant Darryle Douglas for $2,271,239.20
  • Bell v Disner, et al – 14-cv-0091 (WDNC) –
    • Default judgment entered for Defendants Trudy Gilmond and Trudy Gilmond LLC in the amount of $2,129,522.27.
    • Default Judgment entered against Defendant Sorrells in the amount of $1,197,241.12.
    • Order approving Class Counsel for Net Winners,  Kevin Edmunson .
  • Bell v Nehra, et al – 15-cv-437 (WDNC) – Malpractice lawsuit, Nehra was Zeek’s “Compliance Officer”, also a “prominent MLM attorney”.

 

USA v Sanderley Rodrigues de Vasconcelos (TelexFree and iFreeX)

  • 15-cr-10227 – (Mass.) – Rodrigues is charged for Visa Fraud, falsifying documents in order to enter the USA. His first lawyer quit for non-payment. Rodrigues has a second attorney now, but for how long?

 

 

ProSun: “Ponzi” Jo Frazer, David Frazer and Albert Rosebrock Entered into Settlement with Ohio Department of Commerce

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Nanci Jo Frazer

As part of this December 2014 settlement, Nancy Jo Frazer (right), David Frazer and Albert Rosebrock have agreed to pay a total of $ 108,146.61 to the Ohio Attorney General. After releasing some of the frozen assets ($ 6,864.17) they will owe $ 101,282,44 which will be paid at $ 844.02 per month for 120 months (10 years).

That’s $281.34 per month for each of them.

Wow, really??  I can only hope these thieving jerks get a criminal charge in the near future. They knew what they were doing all along, and quoting the Bible does not sanitize a scam.

Profitable Sunrise: Why No Updates?

Profitable-Sunrise-Review1I had a reader email me and ask why there has not been any updates in the ProSun case. Well, here’s what the Docket says:

Securities and Exchange Commission v. Inter Reef Ltd. et al
Thomas W. Thrash, Jr, presiding
Date filed: 04/04/2013
Date of last filing: 10/11/2013

So, there you have it, nothing has been added to the Docket since last October. I check the docket weekly and if there are any changes, I will post them.

ProSun Affiliate Settles With Kansas Securities Commission

I have no idea why these documents are just showing up months after they are filed, but here is another Profitable Sunrise related filing in Kansas.  One ProSun affiliate has struck a deal and neither admitted or denied wrongdoing and has settled with Kansas security authorities.

Here is the filing:

602  David P Cozzocrea Settlement with Kansas Securities  Commissioner

Kansas Securities Commissioner Dismisses NJF and FocusUp Ministries

Although this was filed a month ago, it is a recent find. The Kansas Securities Commissioner has dismissed without prejudice the Notice of Intent, Docket Number 13 E 021.  By dismissing “without prejudice”, it means the case can be renewed at a later date.

It doesn’t mean that Nanci Jo Frazer won this battle, not at all.

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“Ponzi” Jo Frazer Sends Email To PatrickPretty 5 Times???

As if the world of scams and schemes was not sufficiently strange, we have this occurrence from last evening.  You have to see this email to fully understand the moronic intent and complete lack of understanding of how the internet actually works.  It is impossible to remove every instance of something throughout the entire interweb. A copy will always exist somewhere and in some form.

The email below is signed using the name of Nanci (Ponzi) Jo Frazer; of course, anyone can construct an email and sign it with someone’s name.  And the thing requested are ridiculous, to put it mildly. Pay special note that the author used the phrase ” victim of innocent ignorance”.  Frazer knew exactly what was going on; she had to. (emphasis below added by me)


Dear Patrick;

I am send you this private (not to be published or shared) email to you as a Christian brother, from your Christian sister, in hopes to have your assistance to stop all media coverage concerning our Ministry and our volunteer board members without having to get the authorities involved to get this accomplished.

We understand that you have been trying to find the truth about Profitable Sunrise. The FBI has fully reviewed every document, communication and record we have and has returned everything to us. Our lead investigator stated that it is clear that we were a victim of “innocent ignorance”.

The investigation resulted in no criminal charges being filed. The Federal Government has confirmed we are not being named in this case. Kansas is in the process of dismissing the case and Ohio has stated they do not have enough information to move forward (after losing the majority of the assets at our hearing on August 30th, 2013). We are so thankful that we are finally being vindicated and can speak out soon.

2013 has been a refining year but so many awesome miracles have occurred that I cannot just feel there was no positive purpose. We believed that Profitable Sunrise was the “real deal”. We know that many of you believe that BitCoin is the “real deal” but in Texas, it is now declared a security and to some- part of a Ponzi? We sometimes learn things the hard way.

The FBI is fully aware of all your consistent attempts to keep my name and our FocusUp Ministries Board members, our staff, voluteers and even my husband (who had no connection) tagged to negative , damaging words (such as scam, fraud and Ponzi) along with negative press and stories we are not connected to at all. Thus driving traffic to your website for your own purpose.

Last week through a phone conversation, the Senior investigator from the FBI, instructed me to have my attorney send you a Cease and Desist and demand for immediate removal of your unauthorized usage of materials, videos, audio, all radio & TV media, articles and all types of communication connected to FocusUp Ministries and our Board Members, staff and volunteers: including Nanci Jo Frazer (Nancy Frazer) and Albert Rosebrock, David Steckel (volunteer), Jon Simmons (staff pastor) also my husband David Frazer.

I am requesting that Patrickpretty.com and all associate websites, blogs and media… Cease and Desist immediately from using images, text, tags,YouTubes, Powerpoints, articles, documents and recordings associated in any way with the www.patrickpretty.com website, which is containing or referring to Nanci Jo Frazer, Nancy Frazer, David Frazer, Albert Rosebrock, David Steckel, Jon Simmons and FocusUp Ministries and/or any of our associate Ministries, as you are not authorized to use our names or image for any purpose without written permission.

We have spent hundreds of hours of research to help authorities in everyway to fully understand and solve this case. We are almost to the point whereas I can share what I have learned to help avoid this event from happening again. I believe in going to my Christian brother first to resolve an issue. I believe that your heart is in the right place.

We need to see that everything is deleted and completely removed from the Internet by Friday, November 15th, 2013 so we can all move on. I hope you honor this and that we can start over and have this be a much better story for all.

Thanks Patrick!
Nanci Jo Frazer


Despite the few misspelled words, the content is vacuous, superficial and unsubstantiated.  Normally, when a federal Agency finds no misconduct or lack of criminal activity, they issue a Press Release. However, in this case, the author is alluding to this, and that the state of Ohio has also found NJF and her “ministry” blameless, duped, and outwitted.

What does this say about the supposed business acumen of the person claiming to have been so dramatically hoodwinked and who has had such large sums of money flow through her hands? it does not bode well for either Frazer or FocusUp Ministries (FUM).  It saddens me and validates my view that certain “Christians” are anything but a Christian. They talk the talk and yet, they have no problem swindling fellow congregants and their own family and friends.

There is a specific paragraph which really caught my eye:

The FBI is fully aware of all your consistent attempts to keep my name and our FocusUp Ministries Board members, our staff, voluteers and even my husband (who had no connection) tagged to negative , damaging words (such as scam, fraud and Ponzi) along with negative press and stories we are not connected to at all. Thus driving traffic to your website for your own purpose.

It is the Ponzi polemicist at work here, “driving traffic to your website for your own purposes”.  I cannot count the number of times this phrase, or one like it, has been used to cast aspersions against bloggers, reporters and any opponents of people who scam other people. This is merely projecting their own internal lack of morals onto others who do not agree with them. I have been accused of the same thing several times, and it could not be farther from the truth. I have no ads or other such nonsense attached to this blog and I spend my money to gather information from PACER at 10 cents per page.

Yes, I have a donate button on the Blog, but only one person has every used it to donate any amount of money towards my PACER bill; one out of hundreds of people who visit this site weekly.  This sort of destroys that perception made by the polemicists, even if i did drive traffic to my website I get nothing out of it other than the satisfaction of exposing con men, crooks, criminals and their co-conspirators.

“Ponzi” Jo, get used to having your name all over the internet, as it should be.

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