money-making schemes

Swami versus Guru: Sai Baba was no godman or god

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Happy Tuesday morning with religious groups talking smack about each other in India. Religious leader Swami Shree Swaroopananda Saraswati ji says guru Sai Baba is a conspiracy to create division among Hindus. Shankaracharya vs Sai Baba: Devotees seethe with anger as Sai Baba’s cult is challenged – daily.bhaskar.com. A complaint has been lodged against Swami Swaroopanand in…

“Biblical financial principles” advisor arrested on federal fraud charges

bible and currency

In an update to a story we’ve been following for a long while now, the leader of a church-based alleged Ponzi scheme has been arrested. Ephren Taylor was accused of taking $11 million dollars from congregants across the country in various large churches. Alleged Church Ponzi Schemer Arrested on Federal Fraud Charges – ABC News.…

The “great” and “doctorful” Oz admits he doesn’t have miracle solutions

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No kidding! This truly is great. I wish I’d seen it. But Consumerist has an excellent summary that sounds like when Dr. Oz went to Congress he got more trouble than he bargained for. McCaskill deserves applause. Dr. Oz Grilled By Senator Over “Miracle” Weight-Loss Claims – Consumerist. Since he started appearing on pal Oprah…

FTC Settlement against Fortune Hi-Tech Marketing’s deceptive practices

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Another pyramid scheme that targeted immigrant communities is exposed. FTC Settlement Bans Pyramid Scheme Operators From Multi-Level Marketing. In January 2013, the FTC and the states charged the Fortune Hi-Tech Marketing (FHTM) defendants with deceiving consumers by claiming they would earn significant income through selling various products and services if they signed up as FHTM…

Amway’s latest lawsuit

pyramid-scheme

Amway, one of the world’s biggest multi-level marketing companies, is in court again. Amway’s Claims Are Malarkey, Distributors Say. The world’s largest Amway distributors expanded their business from Taiwan into Chinese communities in the United States, defrauding their new clients with promises of “enormous profits,” nine Amway sellers claim in court. Lead plaintiff Longsheng Lei…

Will the public get 10 years safely isolated from Trudeau? YES! (Updated)

trudeau

Updated 17-Mar-2014 Perpetually prosecuted pitchman Trudeau was sentenced on Monday. They asked for ten years and they got it. Kevin Trudeau: Prosecutors ask 10 years in prison – chicagotribune.com. Federal prosecutors want jailed TV pitchman Kevin Trudeau sentenced to at least 10 years in prison for repeatedly defying court orders to pay a whopping $37…

“Fake bomb detector” device gets patent in Romania

bomb detector

Someone needs to explain this insanity to me. Is it money? I’m guessing is money and really ignorant buyers. BBC News – Bomb detectors similar to fake devices get patents in Romania, the BBC learns. Bomb detectors similar to fake devices sold by a fraudulent Somerset businessman have been patented by a Romanian company, the…

Dowsing for hepatitis NOW cures AIDS too!

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Somedays, it actually does amaze me what seemingly sane people will think is real. The fake bomb detector/drug detector/dowsing devices are now claimed to cure AIDS and hepatitis C. It’s creating an international embarrassment for Egypt. Egyptian army’s AIDS-cure claim gets harsh criticism – CNN.com. Egypt’s army claims it has invented a cure for AIDS…

Congregation gets some resolution to Ponzi scheme fraud

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In an update to this story, Bible marketing: Ponzi scheme took many investors, some members of the church have settled their suit. I-TEAM: Settlements for some in Bishop Eddie Long’s congregation. He came into church with promises of riches for Bishop Eddie Long’s congregation. Ephren Taylor, a self-described financial guru, left with nearly a million…

Herbadeath?

pyramid-scheme

Things heat up against Herbalife with a call to look into their business practices. Senator Calls for Inquiry Into Herbalife – NYTimes.com. Herbalife, the nutritional supplements company that has long been in the cross hairs of a powerful hedge fund manager, is coming under increased scrutiny in Washington. Senator Edward J. Markey, Democrat of Massachusetts,…

“Dirty” money is the new scam

dirty money

Well this is a new one. Beware! Woman hands over banknotes ‘carrying deadly virus’. An elderly woman in Italy has been robbed by well-dressed bandits who convinced her to part with around $2000, saying her notes had been contaminated with a deadly virus. She said the women identified themselves as health department officials and asked…

Jury took only 45 minutes to find Trudeau guilty

trudeau

Update to the Kevin Trudeau jail watch: In Jail TV pitchman Kevin Trudeau found guilty of contempt, ordered held – chicagotribune.com. On Tuesday, a federal jury wasn’t buying what Trudeau was selling. The panel of six men and six women deliberated just 45 minutes before finding the controversial author guilty of criminal contempt of court…