Results 1 to 2 of 2

Thread: One more reason to hate scammer pimps.

  1. #1
    baylee is offline Senior Scambuster
    Join Date
    Jan 2011
    Posts
    980

    One more reason to hate scammer pimps.

    One more reason to hate scammer pimps. This is from Patrick Pretty.

    The story below may make some readers angry — and rightly so. It covers allegations against Larry Michael Parrish of Walkersville, Md. Parrish is accused by the SEC of orchestrating a $9.2 million swindle through IV Capital, his mysterious firm incorporated in Nevis, an island in the Caribbean. The scheme allegedly had the characteristics of a sort of HYIP/prime bank hybrid. “Programs” that resemble the one allegedly pushed by Parrish are regularly hawked on Ponzi scheme and criminals’ forums such as Talk Gold and MoneyMakerGroup. Because law enforcement has made inroads in educating the public about the dangers of HYIP schemes, the promoters of such schemes now are trying to make prospects believe they are not investing in an HYIP — and millions of dollars continue to vanish into giant, money-sucking sinkholes.

    Link:

    SEC: Recidivist Huckster Made Bedside Visit To Dying Man, Promised Him ‘Investment’ Would Take Care Of His Wife For ‘Life’; Couple’s Money Plundered In Apparent HYIP/Prime-Bank Hybrid Scheme With Link To Another Swindle

  2. #2
    Theophilus's Avatar
    Theophilus is offline Senior Member
    Join Date
    Jun 2010
    Location
    It varies daily.
    Posts
    150

    Re: One more reason to hate scammer pimps.

    Is it just me, or does the SEC always seems to be a day late and a dollar short more often than not?

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Disclaimer: Opinions expressed on this website are solely those of their respective authors.

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42