Saturday, February 21, 2015

BREAKING NEWS: PlanB4You Admin "Johny Schabregs" arrested by Netherland Authorities

PlanB4You, a suspected low-level ponzi scheme had been shut down in December 2014 by Netherland's FIOD (Fiscal Information and Investigation Service). Instead of keeping his nose clean and await trial, Schabregs, operator of PlanB4You apparently hoping for a fresh start, offered "two for one positions", i.e. buy one position, get one free. This resulted in his arrest on 20-FEB-2015 by FIOD. 

Prosecutors alleged that victims of Schabregs are spread among multiple countries in the Eurozone, including Netherlands, Germany, Belgium, Slovenia, and Italy

Even now defenders of scheme still claimed that the money will be used to start 25 companies and everybody will profit. 

Wednesday, February 18, 2015

BREAKING NEWS: SEC halts "Achieve Community" ponzi scheme

English: The U.S. Securities and Exchange Comm...
English: The U.S. Securities and Exchange Commission headquarters located at 100 F Street, NE in the Near Northeast neighborhood of Washington, D.C. (Photo credit: Wikipedia)
The shoe have dropped, folks. And it's actually a sledgehammer.
Washington D.C., Feb. 18, 2015 — 
The Securities and Exchange Commission today announced fraud charges and an emergency asset freeze against two operators of a Colorado-based pyramid and Ponzi scheme that promises investors extraordinary returns of 700 percent through a purported “triple algorithm” and “3-D matrix.”

In a complaint unsealed yesterday afternoon in federal court in Denver, the SEC alleges that Kristine L. Johnson of Aurora, Colo., and Troy A. Barnes of Riverview, Mich., have raised more than $3.8 million since April 2014 from investors they enticed into buying positions in their company Work With Troy Barnes Inc., which is doing business as “The Achieve Community.”  

Full press release available here: