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Thread: Ken Russo's new gifting scam

  1. #1
    busttheblock is offline Senior Member
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    Ken Russo's new gifting scam

    Here is his latest attempt to run an illegal gifting scam:


    March 13, 2014

    Greetings Everyone,

    Many folks have tried to manage private member-to-member
    payment activities. Unfortunately, they have been unable to
    sustain the activity long-term. There are a number of reasons
    why they have failed. Here are the main reasons....

    .....too many members joining too quickly

    .....too many members not acting in concert

    .....admin is unable to manage effectively

    .....the activity is structured so that only those who enter at the
    top will benefit

    .....members are given unrealistic tasks. For example, just today
    I received an invitation another activity (Turn $5 into $3,000.00
    Weekly!) which requires everyone to send a payment "2 Times
    on Monday and Tuesday and 1 time on Wednesday, Thursday
    and Friday". There is no way something like this can work.

    I do not claim to have the solution to all of these issues but I do
    know that nothing can be accomplished unless they are addressed.

    This discussion is about a plan that I believe will be much more
    efficient, manageable and fair for everyone who joins. The main
    reasons it can work are...

    .....fewer members joining via a slower and more manageable time
    frame

    .....there will be a limit placed on the number of members that will
    be participating at any given time.

    .....members will not be required to perform unrealistic daily tasks

    I will be managing Phase 1 of this project which I am calling
    the "$400 Per Week For One Month Club".

    Phase 2 of this project will be the "$800 Per Week For One
    Month Club". More about this at the end of this message.

    Here is how Phase 1 will work....

    1. You will send a $10 admin fee each time that you are partnered
    with 2 fellow members.

    You will be sending a payment of $200 to a fellow member each
    week for a period of 4 weeks.

    Total sent to a fellow member - $800

    IMPORTANT - You will stop sending payments to this member
    once you have sent your fourth payment.

    You will receive payments of $200 from 2 fellow members each
    week for a period of 4 weeks.

    Total received from fellow members - $1600

    IMPORTANT - You will stop receiving payments from these
    members once you have received $1600

    Net proceeds each time you participate - $800

    2. SolidTrustPay will be the recommended payment processor.
    However, payments may be sent via any number of options.
    This all depends upon the folks with whom you are partnered.

    3. When it is your turn to be entered into the club you will be asked
    to transfer $200 to a fellow club member. You will have one week to
    do this. Each week begins on Sunday and ends on Saturday.

    4. As soon as your payment is confirmed by the receiving member
    you will be eligible to receive $200 each week from 2 fellow members.
    This totals $400 each week. This process will continue for a total of
    4 weeks during which you will have sent $800 and received $1600.

    5. After you have received $1600 your payments will stop. If you wish
    to repeat the process you can request to join again at which time you
    will be placed on the waiting list. Of course, there is no way to determine
    how long it will take you to begin receiving again. It all depends upon
    how many folks are on the waiting list at any given time. This system
    is not designed to deliver a permanent income stream. Rather, it is a
    way for everyone to establish a periodic income stream. If everyone
    can receive payments for 6 months out of each year this will provide
    an additional $4800. I'm sure these extra funds will be welcomed by
    all. Assuming that Phase 1 meets my expectations, we can proceed
    to Phase 2 which will double the income via the leveraging process.

    I believe this is the only way to manage such an activity. Members
    will send and receive for only one month at a time. This limitation
    on the number of members who will be participating at any given
    time is very important in terms of longevity and project management.

    INSTRUCTIONS TO PARTICIPATE

    1. This activity will begin this coming Sunday, March 16. If you wish
    to be among the first to participate you must be able to send $200 some
    time during the week beginning Sunday, March 16 and ending Saturday
    March 22.

    2 - Send a message to kwrusso@gmail.com with the subject
    My Request To Join The $400 Per Week For 1 Month Club

    3 - In the body of your message please provide your.....

    Name
    Email Address
    Country
    Phone Number
    Preferred Method of Sending and Receiving

    4. Everyone who responds by 6 PM EST this coming Sunday will be
    placed into the list randomizer software at this website...

    RANDOM.ORG - List Randomizer

    The list of names will be randomized and this is how we will determine
    the order of entry in the club. The randomization will take place Sunday
    evening at 6 PM EST. Everyone will receive an update at that time so
    that they are aware of their position on the list.

    5. If you are one of the first 2 members at the top of the randomized list
    you will receive your instructions to send your $10 admin fee and your
    first $200 payment. Your payment must be received by Saturday, March
    22. Upon receipt of your payment you will receive the contact details for
    the 2 fellow members who will each be sending you $200 per week for
    the following 4 weeks.

    Here are more details regarding how this activity will proceed. Please
    do not request to join until you have a thorough understanding of how
    this will work.

    First week - Sunday, March 16 to Saturday, March 22

    The first 2 members will receive their instructions to send. These members
    must send their $200 during the first week As soon as their payment is
    received they will be partnered with 2 incoming members (4 total) and
    they will begin to receive $200 from each of these 2 new members during
    the week beginning Sunday, March 23. At this point there will be 6 club
    members participating.

    Second week - Sunday, March 23 to Saturday, March 29.

    During this week the 4 new members will each be partnered with 2
    incoming members (8 total) and they will begin to receive $200
    from each of these 2 new members during the week beginning Sunday,
    March 30. At this point there will be 14 club members participating.

    Third week - Sunday, March 30 to Saturday, April 5.

    During this week the 8 new members will each be partnered with 2
    incoming members (16 total) and they will begin to receive $200
    from each of these 2 new members during the week beginning Sunday,
    April 6. At this point there will be 30 club members participating.

    Fourth week - Sunday, April 6 to Saturday, April 12.

    During this week the 16 new members will each be partnered with 2
    incoming members (32 total) and they will begin to receive $200
    from each of these 2 new members during the week beginning Sunday,
    April 13. At this point there will be 62 club members participating.

    This process will continue week after week. However, keep in mind
    that once each member has received payments for 4 weeks they will
    stop receiving at which time they can join again if they wish to do so.
    Of course, I expect that everyone will want to join again and the process
    of recycling the existing members is how we can sustain the activity.

    Summary.....

    During your first week as a club member you will send $200 to a
    fellow member. You will continue to send a weekly payment until
    you have sent 4 payments ($800) to this member.

    During your second week as a club member you will begin to receive
    $200 from 2 fellow members. You will continue to receive these
    weekly payments until you have received 4 payments from each
    member or $1600 total.

    If you wish to participate and be among the group of names to be
    entered into the list randomizer software I must receive your request
    prior to 6 PM EST this coming Sunday, March 16.

    Only 2 members will qualify to participate during week one which
    begins this coming Sunday, March 16. These 2 members will be
    determined by using the list randomizer software. All others will
    be placed on the waiting list and they will be entered during
    subsequent weeks. I will send updates to the group so everyone
    knows where they positioned on the list.

    All questions/comments sent to me will be addressed in my updates
    to the club members so that everyone may benefit from the discussion.

    =====================================
    Phase 2 - "$800 Per Week For One Month Club"

    As I mentioned at the beginning of this message, we can implement
    Phase 2 which will work the same way except that the sending and
    receiving amounts will double from $400 per week to $800 per week.
    We can use the same member base to proceed into Phase 2 at some
    future date. However, this is entirely dependent upon my ability to
    find someone to manage Phase 2. Anyone who believes they up to
    the task is welcome to contact me. They will be compensated for
    their effort via the Phase 2 admin fee in the same fashion as I will
    be compensated for managing Phase 1.

    There is no reason why we cannot proceed to additional phases
    whereby each phase will deliver an increasing level of additional
    income.

    Finally, and with all due respect, please do not respond unless you
    intend to be an attentive, cooperative and serious club member. The
    only "downside" to this model is that it cannot serve as many members
    as quickly as other models which have preceded it. However, we have
    seen how these other activities have failed and, as I stated above, I
    believe this model will work much better. All that is required is some
    patience as we move forward.

    I look forward to welcoming lots of folks to the $400 Per Week
    For 1 Month Club.

    Ken

  2. #2
    okosh's Avatar
    okosh is offline Senior Member
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    Re: Ken Russo's new gifting scam

    Part 2....

    Hello Again Everyone,

    So far I have received these questions/comments....

    Question - Can we get more than one position once it gets going?

    Answer - You may send a request to participate for yourself and one family
    member right away. This will increase your chances of early entry via the
    randomization process.

    Question - What happens if we do not receive a payment?

    Answer - As soon as you are partnered with a fellow member you will
    receive his or her contact information. At that time you should immediately
    contact them to confirm that they wish to proceed and that they will be
    sending their payment. If they do not confirm you must let me know right
    away so that you can be partnered with another member.

    Comment - Ken, I like this idea but to be honest if I were you I would
    get a few good people at the top that you know will pay to get this started.

    Response - It is my intent to provide an equal chance for everyone to obtain
    early entry. That is the reason for the randomization process.
    ʎɐqǝ uo pɹɐoqʎǝʞ ɐ ʎnq ı ǝɯıʇ ʇsɐן ǝɥʇ sı sıɥʇ

  3. #3
    path2prosperity's Avatar
    path2prosperity is offline Elite Scambuster
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    Re: Ken Russo's new gifting scam

    Quote Originally Posted by okosh View Post
    Part 2....
    Thanks "okosh."

    The bit which makes me seethe is the equal chance for everybody line. Everybody gets an equal chance to line KennyBoy's pockets

  4. #4
    Whip's Avatar
    Whip is offline Anonymous. As are you all
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    Re: Ken Russo's new gifting scam

    his tiptoeing around the 'what if we don't receive a payment' question is hilarious.

  5. #5
    Fendaril is offline Senior Member
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    Re: Ken Russo's new gifting scam

    He seems to be making like 2-3 programs a month.

    Multiple streams of income?

    Why is he hopping around so much?

  6. #6
    littleroundman is offline Administrator
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    Re: Ken Russo's new gifting scam

    Quote Originally Posted by Fendaril View Post
    Why is he hopping around so much?
    Simple.

    None of them are working and bringing him an income
    The only thing necessary for the triumph of evil is for good men to do nothing

  7. #7
    okosh's Avatar
    okosh is offline Senior Member
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    Re: Ken Russo's new gifting scam

    Quote Originally Posted by path2prosperity View Post
    Thanks "okosh."

    The bit which makes me seethe is the equal chance for everybody line. Everybody gets an equal chance to line KennyBoy's pockets
    Only if and I stress the word "IF" Russo himself ends up towards the bottom of the entry list then can one assume that he did use a randomizor and give everyone a fair chance....
    But it's a fair bet that Russo will be up the top and I doubt we will have any problem to recognize some others that got placed in early......
    ʎɐqǝ uo pɹɐoqʎǝʞ ɐ ʎnq ı ǝɯıʇ ʇsɐן ǝɥʇ sı sıɥʇ

  8. #8
    okosh's Avatar
    okosh is offline Senior Member
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    Re: Ken Russo's new gifting scam

    We need his Chicago address and the email addy of his local FBI office and anyone else that he should be reported to.....

    Then I would ask that absolutely EVERYONE will take the time to please send emails and PILE ON.....
    ʎɐqǝ uo pɹɐoqʎǝʞ ɐ ʎnq ı ǝɯıʇ ʇsɐן ǝɥʇ sı sıɥʇ

  9. #9
    okosh's Avatar
    okosh is offline Senior Member
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    Re: Ken Russo's new gifting scam

    For a scammer like Russo who has an email list in the hundreds or maybe even the thousands the following update is a clear sign of how many people on his list have woken up to the fact that for years Russo has been leading them from scam to scam to scam....

    March 15, 2014

    Greetings Everyone,

    So far I have received 57 requests to join the $400 Per Week For
    1 Month Club.
    There is still 24 hours to send your request to join
    us before we randomize the list to determine who will be among the
    first to join. This will take place at 6 PM EST tomorrow, Sunday
    March 16.

    The beauty of this plan is that there is no need to rush since it is
    a weekly activity which means everyone has lots of time to transfer
    funds via any number of ways such as.....

    STP
    PayPal
    EgoPay
    Money Order
    MoneyGram
    Western Union

    Please review my original advisory below. I hope you will agree
    that this new model addresses the issues that have caused other
    activities to stall very quickly. If so, I look forward to receiving
    your request to join us.

    Ken
    ʎɐqǝ uo pɹɐoqʎǝʞ ɐ ʎnq ı ǝɯıʇ ʇsɐן ǝɥʇ sı sıɥʇ

  10. #10
    laidback's Avatar
    laidback is offline Senior Troll
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    Re: Ken Russo's new gifting scam

    Quote Originally Posted by okosh View Post
    For a scammer like Russo who has an email list in the hundreds or maybe even the thousands the following update is a clear sign of how many people on his list have woken up to the fact that for years Russo has been leading them from scam to scam to scam....
    Well, like the old saying goes, "100 time bitten, finally shy!"
    It seems like in this "industry" common sense is not all that common!

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