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Thread: USI-tech claims its' sale of unregistered securities in US "legal"

  1. #26
    busttheblock is offline Senior Member
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    Re: USI-tech claims its' sale of unregistered securities in US "legal"

    Here is a typical message sent by the crooks that are pimping the USI-Tech scam!

    "Michael Zavitz <michaelzavitz@gmail.com>

    Sep 28 at 6:39 PM


    A quick personal message ... this is NOT an autoresponse :)

    ..............

    USI-Tech VIDEO Testimonials!... Success for 100% of those who JOIN and buy BTC Packs!:

    https://youtu.be/tQ8d0DSTMCk

    ***Do NOT JOIN USI with the link under the video ... use the link below.

    BUY MORE!... That's the STRATEGY here folks. Get to 100 BTC packs as fast as you can and I can virtually guarantee you that your Christmas will be AWESOME!

    Who is looking to make $100, $500, or $1,000 per day with USI? It can be done... it's happening NOW.

    Just GET STARTED ... watch it work for you FAST!

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    - Michael"

  2. #27
    nuk_1 is offline Junior Member
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    Re: USI-tech claims its' sale of unregistered securities in US "legal"

    This is tremendous. This lazy-ass Michael Zavitz points his peeps to a youtube webinar rah-rah done by another USI member who puts his link under his video and then Michael says don't join under his link, join under mine! Wow, ponzi referral swiping. I guess blackhat has come to ponziland now.

    NUK

  3. #28
    littleroundman is offline Administrator
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    Re: USI-tech claims its' sale of unregistered securities in US "legal"

    I think whoever it was who said: “There is no honor among thieves” had the ponzi world in mind when he / she said it.
    The only thing necessary for the triumph of evil is for good men to do nothing

  4. #29
    EagleOne's Avatar
    EagleOne is offline Elite Scambuster
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    Re: USI-tech claims its' sale of unregistered securities in US "legal"

    About 3 days ago, USI-TECH started floating the story that USI-TECH had a $70 Million dollar BitFury contract.

    Seems that USI-TECH's marketing material was promoting a $70 Million Dollar deal between their two companies. This news was announced at the big event USI-TECH held in Mallorca, Spain. Only one problem, BitFury CIO Alex Petrov said there is no deal.

    I know you are as shocked as I was at hearing this news was fake. First it was USI-TECH was SEC approved and now this? I am starting to get a little antsy that this very well could be a Ponzi.

    You can read all about this at behindMLM. What is truly amazing is that how these people behind USI-TECH make these outlandish statements knowing they can be confirmed within a matter of hours if not minutes, yet they still insist on telling these porkies.

    I think they are taking admin advice from Charles Scoville.
    EagleOne
    Founder/President Eagle Research Associates
    http://eagleresearchassociates.org
    http://swindles.org
    Author: "Robbing You With A Keyboard Instead Of A Gun - Cyber Crime How They Do It" available in soft cover and eBook at Amazon.com
    Lifetime Member of the National Association of Distinguished Professionals

  5. #30
    Della Cate is offline Elite Scambuster
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    Re: USI-tech claims its' sale of unregistered securities in US "legal"

    Oh dear.

    Another one gives up his job to focus on an online scheme.



    USI Oct 17.jpg USI 2 Oct 17.jpg

    Remember the name, folks - Michael Nemeth. Having watched his video, he sounds like a Yorkshire man to me.

    https://www.facebook.com/mick.nemeth...5068952822883/

    Michael claims to have retired from his job as a bus driver with First buses thirteen years early. He makes various claims, such as people are coming into Usi-tech with tens of thousands of pounds "investment" (though he does not use the "i" word himself). He now says he has a six figure passive income, is earning more than the directors of the bus company, and now can create a wonderful lifestyle for his whole family. He also claims that another 15 bus drivers are in Usi-tech, and another two people are close to giving up their jobs as well. And he achieved all this in just 4 months!

    Well, Michael, in my view, it's probably a good thing that you have given up your job. Cos I can't see this ending well, and I wouldn't want to be in my workplace after the inevitable collapse of the scheme if I had persuaded 15 fellow workers to join it. I think working relationships would be severely strained.

    What is it with bus drivers? Leslie Carter was one, he gave his job up to focus on MAP; when that collapsed he went to.....Usi-tech! Now there's a co-incidence!

  6. #31
    Della Cate is offline Elite Scambuster
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    Re: USI-tech claims its' sale of unregistered securities in US "legal"

    And here's Our Shazza, also doing soooooo well with Usi-tech:-

    USI 3 Oct 17.jpg

    And here is a delightful picture of Shazza with some of her fellow revellers at the Usi-tech Mallorca shindig recently.:-

    USI 4 Oct 17.jpg

    Wow, look who is with her! Mark "The Gerbil" Ghobril! Well, stone me!

  7. #32
    Della Cate is offline Elite Scambuster
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    Re: USI-tech claims its' sale of unregistered securities in US "legal"

    Our Shazza again.....

    USI 5 Oct 17.jpg

    What always amuses me is that these people are at pains to assure you that their venture is "legitimate" and "Here to stay" -even if it has only been going a few months. In my experience, genuine ventures don't have to tell you that they are genuine; just as honest people will never tell you that they are honest - they just ARE.

    Then we have claims about fantastic earnings, which are hard to verify:-

    USI 6 Oct 17.jpg

    Of course it all depends on what you define as a "footballer". Wayne Rooney is (or was) paid just short of £300,000 per week. But players in lower leagues get just over £740 per week, not much different from an average salary. Personally, I don't believe people in ventures are paid either amount. What they have is numbers on a screen, which is a different thing entirely.

    But hey, it sounds good, and that's what counts.

  8. #33
    ribshaw's Avatar
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    Re: USI-tech claims its' sale of unregistered securities in US "legal"

    Quote Originally Posted by Della Cate View Post
    Our Shazza again.....

    What always amuses me is that these people are at pains to assure you that their venture is "legitimate" and "Here to stay" -even if it has only been going a few months.

    Judo James say "I have never earned as much money online with a Legitimate business ever" unwittingly putting her foot in her mouth. JJ's Tokui Waza is illegitimate Ponzi causing her Uke certain loss.

    Banners Broker HYIP ponzi scam

    Traffic monsoon. Better than MAPS with trusted admin Charles Scoville

    Quote Originally Posted by Della Cate View Post
    In my experience, genuine ventures don't have to tell you that they are genuine;
    Genuine ventures sell products/services to end users, they don't endlessly recruit. Occasionally when a business is for sale, one buyer is sought. In the US people selling investments to the (m)asses which USI Tech most certainly is must be licensed and the offering registered with the SEC. Neither is true here, but folks are lazy. Too blinded by greed and hope thinking this time is different.

    In the history of the world never has an "opportunity" like this been genuine or there wouldn't be a need for the comment in the first place.
    "It's virtually impossible to violate rules ... but it's impossible for a violation to go undetected, certainly not for a considerable period of time." Bernie Madoff
    https://www.facebook.com/pages/Scam-...98399986981403

  9. #34
    GymAlien is offline Junior Member
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    Re: USI-tech claims its' sale of unregistered securities in US "legal"

    Not proof in the least that USI Tech is a scam... You Really have no proof at all do you? Just a sh!t load of acusations and VERY thin connections. An MLM guy joined an MLM that went under is about all I see that means anything here... Damn it dude, do you make money doing this... what is your motivation here? "ONE WONDERS" is all you got!!!
    But, then you go ON and ON and ON... just Wondering and trying hard as you can to make connections that may or may not really mean anything...

    Quote Originally Posted by littleroundman View Post
    In a bizarre twist following this weeks' “USA Kickoff meeting” USI-Tech members members are flooding social media publicly touting the fact the multi level marketing company has purportedly obtained legal opinion its' 1% daily ROI for 140 days (140%) offer complies with US securities laws and is compliant with FTC regulations.




    Having been responsible for issuing cease and desist demand letters against critics of the since collapsed ponzi scheme My Advertising Pays the Elmhurst, Illinois based law firm of Hart David Carson LLC has been named as the source of legal opinion claiming USI-Tech is "compliant with US securities law"


    One wonders if this will evolve into a similar scenario as that which engulfed well known MLM attorney, Gerald Nehra who settled a $100 million dollar lawsuit with the court appointed Zeek Rewards receiver, following his claim Zeek was "legal" and who is facing a jury trial over his similar claims with regard to the multi million dollar TelexFree fraud.

  10. #35
    ProfHenryHiggins is offline Elite Scambuster
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    Re: USI-tech claims its' sale of unregistered securities in US "legal"

    Is that gymalien@gmail.com, a.k.a. James Allen Jr. the author of "Zen and the Perfect Jumpshot?"
    Oh dearie me... someone didn't understand what unregistered securities mean and why this company is violating the law when they operate in California, did they?

    Bad idea, James, sticking your neck out to protect that pittance of an investment you put into USI-Tech, and risking far more damage as a result of it.
    If you are in Prosper With Integrity, and do not like that your personal information has been published here, please talk to these good people: http://www.attorneygeneral.gov http://www.ic3.gov http://www.fbi.gov

  11. #36
    littleroundman is offline Administrator
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    Re: USI-tech claims its' sale of unregistered securities in US "legal"

    Quote Originally Posted by GymAlien View Post
    Not proof in the least that USI Tech is a scam...
    Oh, there's plenty of "proof" Jimmy.

    Just not the type of proof acceptable or understandable by serial ponzi players protecting their investment.

    The only type of "proof" needed by ponzi players such as you is whether or not its' paying, so, while it is, you'll be here defending USI-Tech, until it collapses as all ponzis which claim to be able to pay 140% a day do.

    Until then, you'll continue to rationalize, justify, lay blame, deflect, introduce strawman arguments and ridicule anyone who dares expose the fraud behind the ponzi du jour.

    It's OK though, we can wait.

    Won't be long now until reality bites.
    The only thing necessary for the triumph of evil is for good men to do nothing

  12. #37
    Gregg's Avatar
    Gregg is offline Senior Member
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    Re: USI-tech claims its' sale of unregistered securities in US "legal"

    "I have never earned as much money online with a Legitimate business ever"
    Begging the question, has she ever earned any money with a legitimate business ever?

  13. #38
    ribshaw's Avatar
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    Re: USI-tech claims its' sale of unregistered securities in US "legal"

    Quote Originally Posted by GymAlien View Post
    Not proof in the least that USI Tech is a scam... You Really have no proof at all do you? Just a sh!t load of acusations and VERY thin connections.
    Well this sounds as familiar as the certain losses investors in USI Tech will suffer. Where is your proof anything said is inaccurate sport?

    Quote Originally Posted by Myriad Force View Post

    At this juncture, there is no empirical evidence for cynacism.

    All the detractors of Profitable Sunrise have zero proof for their cynicism.

    The detractors have no proof that Profitable Sunrise is a scam

    Profitable Sunrise HYIP - Has anybody dug through it yet?
    As The Professor said this offering isn't registered with the SEC and the affiliates aren't licensed to sell investments, both a violation of US law. And yes despite attempts by hack promoters to pretend this isn't an investment, its an investment.


    "Here’s an overview of how the registration process works. In general, all securities offered in the U.S. must be registered with the SEC or must qualify for an exemption from the registration requirements."

    https://www.sec.gov/fast-answers/answersregis33htm.html


    Under the Howey Test, a transaction is an investment contract if:


    It is an investment of money
    There is an expectation of profits from the investment
    The investment of money is in a common enterprise
    Any profit comes from the efforts of a promoter or third party

    Substance Over Form


    After the creation of the Howey Test, some promoters masqueraded securities to try and escape registration requirements (such as by calling an offer of securities an interest in a general partnership). To deal with these charades, courts look at the economic realities behind an investment scheme, rather than at its name or form, to determine whether it is a security.

    What Is the Howey Test? - FindLaw

    Then we have this, suddenly Ralf Gold is not only the greatest trader of present day, but the greatest trader in the history of the universe?

    1% daily returns, never has this not been a scam.

    Criminal.jpg

    Quote Originally Posted by A sucker born every minute

    Ralf Gold has promoted many money making scams in the past as well:

    AdsProfitReward 2012
    MX FAST MONEY 2013
    WORLD CONSUMER ALLIANCE 2013
    HourlyRevShare 2013
    AdsProfitWiz 2013
    APR CLICKS 2013
    UPPERGAME 2014

    USI-Tech Scam? Yes It Is In My Opinion! - Ethan Vanderbuilt

    USI-Tech lied about $70 million dollar BitFury contract?

    And to think all this yummy goodness is being offered where? Wall Street? Canary Wharf? Square Mile? Nope just on Facebook.

    pyramid.jpg
    "It's virtually impossible to violate rules ... but it's impossible for a violation to go undetected, certainly not for a considerable period of time." Bernie Madoff
    https://www.facebook.com/pages/Scam-...98399986981403

  14. #39
    ribshaw's Avatar
    ribshaw is offline Nigerian Ministry
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    Re: USI-tech claims its' sale of unregistered securities in US "legal"

    Quote Originally Posted by GymAlien View Post
    Not proof in the least that USI Tech is a scam... You Really have no proof at all do you? Just a sh!t load of acusations and VERY thin connections.
    So so familiar...


    Quote Originally Posted by DueDiligence View Post
    I am completely staggered at the lack of any Due Diligence show by any of the comments here. I joined this because I truly thought that it was a group of clever astute individuals reviewing potential opportunities with a clear metric.
    What exactly is the methodology that you use to decide if an opportunity is legitimate or a scam? All that I can see here is nonfactual conjecture, based upon nothing more than your personal dislike for what you have decided is erroneous.
    Sad really when you think that you really did have an opportunity to evaluate in a professional manner which might have added value to or deterred people from joining. I would suggest that most intelligent people reading this will simply turn off.
    Your community should be endorsing great opportunities and advising against real scams by presenting fact based on measurable, real and conclusive evidences.
    FlexKom, who knows, I came here seeking advice, do or don’t do, you have failed me, so I shall continue to do my own research.
    Ps, I will advise you what the outcome is……………
    Due Diligence

    FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??

    What is a Ponzi scheme?

    A Ponzi scheme is an investment fraud that involves the payment of purported returns to existing investors from funds contributed by new investors. Ponzi scheme organizers often solicit new investors by promising to invest funds in opportunities claimed to generate high returns with little or no risk. In many Ponzi schemes, the fraudsters focus on attracting new money to make promised payments to earlier-stage investors to create the false appearance that investors are profiting from a legitimate business.


    Of course Ponzi scams have to pay in the beginning or they wouldn't make for much of a scam. With computers some people have become so accustomed to online banking they don't even need their money back. Promoters these days just need to show meaningless numbers in back offices secured by nothing more than the illusion investors are earning returns.


    All signs point to USI Tech being a Ponzi, by the time people can't get their money it will be too late.



    Many Ponzi schemes share common characteristics. Look for these warning signs:


    High investment returns with little or no risk.


    Every investment carries some degree of risk, and investments yielding higher returns typically involve more risk. Be highly suspicious of any "guaranteed" investment opportunity.

    Overly consistent returns.

    Investment values tend to go up and down over time, especially those offering potentially high returns. Be suspect of an investment that continues to generate regular, positive returns regardless of overall market conditions.

    Unregistered investments.


    Ponzi schemes typically involve investments that have not been registered with the SEC or with state regulators. Registration is important because it provides investors with access to key information about the company's management, products, services, and finances.

    Unlicensed sellers.

    Federal and state securities laws require investment professionals and their firms to be licensed or registered. Most Ponzi schemes involve unlicensed individuals or unregistered firms.

    Secretive and/or complex strategies.

    Avoiding investments you do not understand, or for which you cannot get complete information, is a good rule of thumb.
    Issues with paperwork. Do not accept excuses regarding why you cannot review information about an investment in writing. Also, account statement errors and inconsistencies may be signs that funds are not being invested as promised.

    Difficulty receiving payments.

    Be suspicious if you do not receive a payment or have difficulty cashing out your investment. Keep in mind that Ponzi scheme promoters routinely encourage participants to "roll over" investments and sometimes promise returns offering even higher returns on the amount rolled over.

    If you are aware of an investment opportunity that might be a Ponzi scheme, contact the SEC by phone at (800) 732-0330 or submit a tip online at https://www.sec.gov/complaint/tipscomplaint.shtml.

    https://www.sec.gov/fast-answers/answersponzihtm.html
    "It's virtually impossible to violate rules ... but it's impossible for a violation to go undetected, certainly not for a considerable period of time." Bernie Madoff
    https://www.facebook.com/pages/Scam-...98399986981403

  15. #40
    ribshaw's Avatar
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    Re: USI-tech claims its' sale of unregistered securities in US "legal"

    Quote Originally Posted by GymAlien View Post
    Not proof in the least that USI Tech is a scam... You Really have no proof at all do you? Just a sh!t load of acusations and VERY thin connections.
    Oh snap I could play this game all day.

    Quote Originally Posted by 4yourinformation View Post
    Why do you feel the need top trash something you are obviously VERY ignorant about. I am a member of the zeek squad and I am making money. The amount is none of your business but I will tell you that you are known as a dream stealer. What does it matter to you if somebody else does this? It is so blatantly obvious you are a scared and small minded individual who will stay broke. So just shut your pie hole and continue your wallow in misery. Or you can take an objective look at the enterprise and make outstanding money for yourself. I would love it if you were not so jaded and would take a real look at the company. I don't want you on my team because I think you would be more work than I am willing to give to you, but I am sure somebody out there would work with you. remember: stupid is as stupid does.

    Zeek Rewards !! How to get to $3K a month, starting as a free member !
    Frank Calabro Jr one of USI Techs self professed top promoter. Noticed I didn't say traders you know the important person when making an investment? That sort of tells someone all they need to know. Clicking on his name reveals a nice synopsis of previous SCAMS Calabro has promoted, notice I didn't say opportunities?


    Since your new and obviously very concerned that we are calling your super legit pportunity a scam I want to show you how how much this is child's play.

    Here is Calabro's Facebook page https://www.facebook.com/frankiecalabrojr . Here is a sarcastic page about scamming people for money https://kopywritingkourse.com/how-to...ple-for-money/.



    SCAM TACTIC #1:
    Make sure you focus on a hopeful yet sort-of-dumb crowd.


    "Attention Future Bitcoin Millionaires

    YES ... I want to see what Frank Calabro Jr and other 7 FIGURE earners are doing to stack and multiply Bitcoin!"

    Frank Calabro Jr.

    SCAM TACTIC #2:
    Show them how badass your life is through pictures!


    Badass Photos.jpg

    SCAM TACTIC #3:
    Tell people they “deserve” a certain lifestyle.


    You deserve it.jpg

    SCAM TACTIC #4:
    Don’t EVER get into the specifics of how you make money….just give business-y sounding advice!


    What the hell does this mean.jpg

    SCAM TACTIC #5:
    Always show HUGE numbers, no matter how irrelevant they are.


    Big Numbers.jpg

    SCAM TACTIC #6:
    Don’t give any ACTUAL helpful information, just talk about the end benefits of it!


    "Former poor man now dreams with his eyes WIDE open!!! "

    Frank Calabro Jr.


    SCAM TACTIC #7:
    Be ultra-aggressive when you sell because you won’t see these people ever again.


    scam.jpg


    SCAM TACTIC #8:
    Now that you’ve got their money…RUN!


    The one truth.jpg
    Last edited by ribshaw; 10-19-2017 at 02:38 PM.
    "It's virtually impossible to violate rules ... but it's impossible for a violation to go undetected, certainly not for a considerable period of time." Bernie Madoff
    https://www.facebook.com/pages/Scam-...98399986981403

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