Wednesday, August 22, 2012

ZEEK And Other Companies Being Targeted By the SEC

 http://mcaprotect.tk

Apparently, the feds have had enough with apparent ponzi schemes. I'm sure we can go back to Madoff to see when the enforcement trend started.

2009 Canopy Financial - SEC obtained an emergency asset freeze to halt a $75 million Ponzi scheme that defrauded investors in a private placement offering. The U.S. Attorney's Office for the Northern District of Illinois brought parallel criminal actions against Canopy Financials founders.

2010 Chimay Capital Management Inc. - SEC obtained an emergency asset freeze to halt a fraudulent bridge loan scheme by an investment firm and its chairman that raised at least $6 million based on bogus claims that investor funds would be pooled with money from a Belgian royal family. The New York County District Attorney's Office brought a parallel criminal action against Guy Albert de Chimay.

2011 Jeffrey A. Lowrance - SEC charged the CEO of a purported foreign currency trading firm for running a Ponzi scheme that raised approximately $21 million from investors nationwide by promising huge profits and purporting to share their Christian values and limited-government political views. The U.S. Attorney's Office for the Northern District of Illinois brought a parallel criminal action against Lowrance.

2012 ZEEK The Securities and Exchange Commission today announced fraud charges and an emergency asset freeze to halt a $600 million Ponzi scheme on the verge of collapse. The emergency action assures that victims can recoup more of their money and potentially avoid devastating losses. The SEC alleges that online marketer Paul Burks of Lexington, N.C. and his company Rex Venture Group have raised money from more than one million Internet customers nationwide and overseas through the website ZeekRewards.com, which they began in January 2011.

What do all of these situations have in common? These investments are based upon stock and/or financial gambling. There is no get rich quick system. What there are for many people are opportunities to make great income. Do your due diligence before signing on the dotted line. If there is no product, run.

http://mcaprotect.tk

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