FINALLY - Faith Sloan charged by SEC in Telexfree fraud

[littleroundman]

Patrick Pretty (http://patrickpretty.com/) is reporting:

http://imageshack.com/a/img836/4305/acfx.jpg

You can read Patrick Prettys' full report HERE (http://patrickpretty.com/2014/04/17/urgent-bulletin-moving-sec-charges-telexfree-executives-and-key-promoters-including-sann-rodrigues-and-faith-sloan/)

[surfer]

:chickendance:

Well, it's a start.

[littleroundman]

http://imageshack.com/a/img836/6406/6yf6.jpg
http://imageshack.com/a/img838/4742/4pgk.jpg

Extracts from the SEC Telexfree litigation complaint (http://www.sec.gov/litigation/complaints/2014/comp-pr2014-79.pdf)

[laidback]

https://imagizer.imageshack.us/v2/548x437q90/836/6yf6.jpg
https://imagizer.imageshack.us/v2/548x104q90/838/4pgk.jpg

Extract from the SEC Telexfree litigation complaint (http://www.sec.gov/litigation/complaints/2014/comp-pr2014-79.pdf)

Halle-Freakin'lujah!Too bad Russo's name isn't included.

[okosh]

OMG!!.....After all these years.....All the battles with her in 3 forums....

After Celcifund....Infinite Stupidity......And a bunch of other scams she either promoted or ran herself.....

I can not begin to find the words to express my delight at reading this news.....

[EagleOne]

One down, four more to go.

[Eddie Haskell]

Who is next????????:RpS_smile:

[Whip]

I think once they research her name, many of the regulars will be in their sites like russo.

[okosh]

Would just love it if someone who can post at TG still would go and copy the first post of this thread to the CellCfund thread there....
CELLCFund - CELLCFund.com - Page 12 (http://www.talkgold.com/forum/showthread.php?t=142675&page=12)

Thanks in advance...))

[Whip]

just read that thread. What a piece of **** she is.

[littleroundman]

http://www.youtube.com/watch?v=vDnKhHm5dbE&feature=player_detailpage&list =UUAxMZTTzeqSI5U2wDv_KILQ

[EagleOne]

As for her dare for the authorities to find her, I'm sure they already know she lives at: 515 E End Ave, Apt 105 Calumet City, IL 60409-2813 with her mother. Then she might try going into hiding to avoid being prosecuted, but they will find her.

[Whip]

lol. yeah. Nothing as stupid as poking the bear.

[okosh]

As for her dare for the authorities to find her, I'm sure they already know she lives at: 515 E End Ave, Apt 105 Calumet City, IL 60409-2813 with her mother. Then she might try going into hiding to avoid being prosecuted, but they will find her.

With her mother??....Must mean she split up with her girlfriend....Those 2 were a couple very much in love for a very long time...

[EagleOne]

With her mother??....Must mean she split up with her girlfriend....Those 2 were a couple very much in love for a very long time...

Not only her mother but father too from the info in public records.

[scratchycat]

Would just love it if someone who can post at TG still would go and copy the first post of this thread to the CellCfund thread there....
CELLCFund - CELLCFund.com - Page 12 (http://www.talkgold.com/forum/showthread.php?t=142675&page=12)

Thanks in advance...))


Default CELLCFund - CELLCFund.com
Hello my name is Faith Sloan. I am representing Mr. Manley Christian of Christian Enterprises, LLC in this profitable endeavor.

Below are the details.
---------

CELLCFund is a NO-RISK Loan Program where your PRINCIPAL is GUARANTEED ! How? Because we do NOT lose money in our business!

Our goal is to work your cash into our existing business operations and to offer you high returns on top of your guaranteed principal. Quick profits cannot be incurred overnight regardless of what others in the HYIP industry have told you.

Give us time to turn profits. If you can't wait, then this isn't for you. You can sign up with the short-term, high-risk HYIPs who promise you 200% after 10 days. Then they last for 8 days. A BIG LOSS for you. Then you try again and get burned again. You are making the choice to LOSE. Make the choice to WIN with CELLCFund

THE PLANS:
-----------------
LOAN PLAN 1: 30-day return including principal is 114% (14% ROI)
LOAN PLAN 2: 90-day return is 150% minimum (50% MINIMUM ROI). ROI fluctuates with Company Profits. ROI will not fall below 50% for the 90-day period. However, it can be MORE than 50%. Here you are required to rollover your principal for an additional 90 days.

Minimum: $50 (will be increased in the near future)

Come win with a REAL business backed by REAL people, owned by a REAL businessman, Mr. Manley Christian, and administered and marketed by Ms. Faith R. Sloan, a proven strategic technologist and business woman who has HYIP battle scars just like many of you.

For the 90-day plan, If you withdraw principal before end of 180 days, your yield will be decreased by a factor of 50% and you will incur a 4% penalty. For example, if the 90days yield is 50% and you request withdrawal of your principal before 180days, then you will receive your principal less 25% of interests already paid less 4% withdrawal fee.

For the 90-day plan, after 180 days you can withdrawal your matured principal and you will receive it wihin 7 calendar days depending upon e-gold availability. But to maximize your profits, why don't you let us continue making cash for you and re-deposit your principal? Well, the choice is yours.

We are already a profitable business. But you will help us increase our cashflow quickly with your loan and thus expand and generate profits at a more rapid pace.

No need to request interest withdrawal as you will receive it automatically at the end of 30 or 90 days.

At the end of 30days for the 30-day plan, you will receive BOTH the 14% interest payment AND the principal loan payment.

At the end of 90days for the 90-day plan, you will receive 50% (or more) interest payment for your loan. The principal will be kept for another 90days while it continues to gain interest, unless you request it and will incur the penalty and fee as written above. You will receive your principal within 7 days depending upon e-gold availability. Since we aren't keeping cash in e-gold, we need time to transfer the funds to the payment processor.

We will assess our ability to ensure that the funds you have entrusted with us are indeed working in a profitable maner. If we see that too much currency is being brought in, we will temporarily close the program to new lenders for a period to be determined. We are not interested in amassing a huge pile of your money. Our goal is to be able to use the money to grow our business and in turn generate profit which will enable us to continue to pay you for years to come.

No referral Commissions thus no commissions cheating or taking away money from profits. This is not a network marketing (MLM) opportunity nor is it a PONZI. We do not need new members to pay existing members AND we are not looking for a huge influx of members.

No transaction-based website or database will be connected to the internet thus no hacking. We will provide an external website for communication purposes at http://www.cellcfund.com (Wait 48hours)

Your cash will not just sit in e-gold or in the bank. It will be used to run the business in order to make money for all of us.

Due Diligence:
CELLCFund is a subsidiary of Christian Enterprises, LLC registered in Piedmont, SC by Mr. Manley Christian. We are in the Transportaion industry including Automotive Sales and Rentals. The main business that the loan funds will support is
Car Rental Express
(864)346-8002 (CRE business operations number. Please do not call for info about the program unless you are interested in leasing or purchasing vehicles of transportation.)
3206 White Horse Rd
Greenville, SC 29611
with additional offices in Easley, SC and Spartanburg, SC.
NOTE: We are not affiliated with carrentalexpress.com

Go to http://who.godaddy.com/whoischeck.as...=CELLCFUND.COM for full domain information for Christian Enterprises, LLC

Our CELLCFund customer service line is being commissioned and will soon be available. For now, Email Faith Sloan at support @ cellcfund . com or post here in TalkGold.

Faith Sloan is a business partner who has a profit-sharing relationship with the company only as it relates to CELLCFund. She is the online liason for CELLCFund.

If you are interested in more information about my past business dealings, business technical publications, association with American Bar Association (ABA), simply go to Google and enter "Faith Sloan" business
Remember to put the quotes around my name or else you will get faith-based organizations.

** Plans have been finalized and wheels are already in motion for a Brand new 20000 sq ft facility to be built this year!

We take e-Gold and US Money Orders
US Money Orders sent to:
CELLCFund
PMB 339
3504 Highway 153
Greenville, SC 29611
No overnight mail will be accepted.

Soon, we will also accept:
AlertPay, CEPTrust, and Bank Deposits/Transfers

God Bless
Faith Sloan
Online Liaison/Partner
======
Stay Tune for More Details and the Official Launch Date 12January2007 or 15January2007.

http://www.cellcfund.com - Communications and Informational Site Coming Soon
Last edited by fsloan; 01-10-2007 at 07:06 PM.

I didn't have to sign in to get it...

[scratchycat]

What gets to me, there are so many like her out there doing the same thing and people still buy into it with their dwindling funds. It also makes me :pulling_hair_out: that they use God's name in vain to gain the trust of others. You know who they are, the ones that go from one fast lane money-making scam to another, steal from their friends and acquaintances and jump on the next fast train.

Let's hope the authorities make sure Faith Sloane and others like her have their day in court.

[NikSam]

SEC should do a parallel investigation, she was a co–operator of another ponzi, and maybe more.

[okosh]

Thank you Kitty for posting how Faith Sloan introduced CellCFund.....

She also made this confession some time later....


in terms of cellcfund. i turned manley on to the idea of hyips for a 6% cut on net profits. guess how much i received? 0%. That is why i bowed out of cellcfund. i was used. i haven't talked with him since 2006 and have no intention.
MegaLido - megalido.com - Page 215 (http://www.talkgold.com/forum/showthread.php?t=229386&p=2797741#post2797741)

[path2prosperity]

http://www.youtube.com/watch?v=vDnKhHm5dbE&feature=player_detailpage&list =UUAxMZTTzeqSI5U2wDv_KILQ

I wonder what her pal Kathleen VanBeekom has to say about that!

Two peas in a pod?

[littleroundman]

Judge Gorton of the Massachusetts District Court has granted a preliminary injunction against Faith Sloan and Sanderly Rodrigues de Vasconcelos (Sann Rodriguez)

By courtesy of ASD Updates.com (http://asdupdates.com/) the Sloan preliminary injunction can be viewed in .pdf format HERE (https://docs.google.com/viewer?a=v&pid=sites&srcid=YXNkdXBkYXRlcy5jb218ZmlsZXMtd2Vic2l0ZXxneDox MTFjYzQxYzc4ZWQ3Y2Ji) or downloaded in .pdf format from HERE

Sloan and Rodrigues have been:

* ordered to cease conducting and further fraud involving securities or otherwise
* prohibited from destroying evidence that may be used against them
* ordered to deposit with the court any funds received from TelexFree investors that are currently held outside of the US
* prohibited from opening any new bank accounts and accepting any new funds from TelexFree investors
* ordered to provide the SEC with details of any funds received by them from TelexFree investors, including how such funds were then spent
* ordered to provide the SEC with a list of any and all assets worth at least $500 individually
* ordered to provide the SEC with a list of all bank accounts used (under direct or indirect control by Faith and Rodrigues)
* ordered to repatriate within 5 days any assets located outside the USA which may have been obtained directly or indirectly from investors and/or promoters

[Whip]

lol. like any of that is going to happen. It would mean sloan has to get a real job.

[littleroundman]

Being reported on: Behind MLM (http://behindmlm.com/)

Sloan files “I knew nothing!” Motion to Dismiss (http://behindmlm.com/companies/telexfree/sloan-files-i-knew-nothing-motion-to-dismiss/)

[littleroundman]

http://i270.photobucket.com/albums/jj119/LITTLE_ROUND_MAN/faith_zpsb7bdb143.jpg~original

Faith Sloans' Verified motion to release funds (https://docs.google.com/viewer?a=v&pid=sites&srcid=YXNkdXBkYXRlcy5jb218ZmlsZXMtd2Vic2l0ZXxneDoz NGY3Nzk4ODIwMzFjYmVi)

[littleroundman]

The SEC has filed an Opposition to Sloans' motion for Release of Funds (https://sites.google.com/a/asdupdates.com/files-website/sec-v-telexfree-inc/Doc%20162-main.pdf?attredirects=0&d=1)

Some highlights:

http://imageshack.com/a/img855/1782/fhgs.jpg
http://imageshack.com/a/img840/6803/ttxa.jpg
https://imagizer.imageshack.us/v2/643x311q90/820/0ii0.jpg
http://imageshack.com/a/img850/8242/q8he.jpg

[Whip]

yep.......keep pokin' that bear.
An incredibly stupid person.
Reading the motion proves the government has info on her and she's stupid enough to think they don't.

[littleroundman]

http://imageshack.com/a/img829/5125/y6k5.jpg

[Char]

Do you guys think the SEC has info on all Sloan's previous scam involvement? Can her history be used against her in the Telexfree case? There is a nice list provided on behindmlm SEC use Sloan's Post TelexFree activity against her (http://behindmlm.com/companies/telexfree/sec-use-sloans-post-telexfree-activity-against-her/#comment-313826) post by eagle.

Lynndel "Lynn" Edgington
June 13th, 2014 at 2:56 pm**(Q)
I can’t wait for Faith to get to court and then explain her role in: Cell-C Fund, TVI Express, Royal Cruise Matrix, Zeek Rewards, ASD Cash Generator, JBP/JSS Tripler, EZ Wealth, Club Asteria, Profitable Sunrise, Affordable Affiliates, HCI, GPP, SI, Imperia, Oceanside (one and two), Noobing, Mrsvip, and several illegal cash gifting schemes.

Wonder if the courts are using any of the scam sites for their research?

[littleroundman]

Do you guys think the SEC has info on all Sloan's previous scam involvement? Can her history be used against her in the Telexfree case? There is a nice list provided on behindmlm SEC use Sloan's Post TelexFree activity against her (http://behindmlm.com/companies/telexfree/sec-use-sloans-post-telexfree-activity-against-her/#comment-313826) post by eagle.

Lynndel "Lynn" Edgington
June 13th, 2014 at 2:56 pm**(Q)
I can’t wait for Faith to get to court and then explain her role in: Cell-C Fund, TVI Express, Royal Cruise Matrix, Zeek Rewards, ASD Cash Generator, JBP/JSS Tripler, EZ Wealth, Club Asteria, Profitable Sunrise, Affordable Affiliates, HCI, GPP, SI, Imperia, Oceanside (one and two), Noobing, Mrsvip, and several illegal cash gifting schemes.

Wonder if the courts are using any of the scam sites for their research?

The SEC definitely has a handle on both her recent and previous history.

This is a civil case (so far) so the rules of evidence and burden of proof are different than in a criminal case, as are the penalties.

The SEC can only impose administrative penalties (i.e. fines) and seek disgorgement of the proceeds of the alleged offence /s.

Having said that, it's not as trivial as it might sound.

Here is what happened in the SECs' civil case against another well known serial ponzi pimp fraudster:


SEC Obtains Summary Judgment against Serial Fraudster Matthew J. Gagnon

The Securities and Exchange Commission announced today that on March 22, 2012, the Honorable George Caram Steeh of the United States District Court for the Eastern District of Michigan granted the SEC’s motion for summary judgment and entered a final judgment against defendant Matthew J. Gagnon of Portland, Oregon and Weslaco, Texas. The Court found that Gagnon violated the registration, anti-fraud, and anti-touting provisions of the federal securities laws by promoting and operating a series of securities offerings through his website, New Site (http://www.Mazu.com), and ordered Gagnon to pay $4.1 million in disgorgement with prejudgment interest and a $100,000 civil


SEC Litigation release (http://www.sec.gov/litigation/litreleases/2012/lr22310.htm)

Gagnon later faced criminal charges for the same offence/s

http://i1301.photobucket.com/albums/ag116/Little_Roundman/scams/urgent_zpsd8ecdaf9.jpg~original

Patrick Pretty.com (http://patrickpretty.com/2013/07/10/urgent-bulletin-moving-legisi-hyip-ponzi-pitchman-sentenced-to-60-months-in-federal-prison-ordered-to-pay-4-4-million-in-restitution/)

[littleroundman]

Don over on the excellent ASD Updates Wordpress blog (http://asdupdates.com/wordpress/archives/5628) is reporting:

http://imageshack.com/a/img823/6521/w8gxl.jpg

[littleroundman]

No soup for you.

The judge has rejected Faith Sloans' Motion to Release funds

http://imageshack.com/a/img842/6093/wwfoc.jpg

Our thanks go out to ASD Updates (http://www.asdupdates.com/) for making a copy of the court document available to view HERE (https://docs.google.com/viewer?a=v&pid=sites&srcid=YXNkdXBkYXRlcy5jb218ZmlsZXMtd2Vic2l0ZXxneDox NDE3Y2E1OTM1ZjFhMDJm)

[Whip]

Short and sweet. lol. that's awesome

[Joe_Shmoe]

Maybe she needs a cheaper attorney now.

[EagleOne]

Can you imagine the poor public defender that draws this loony tune piece of crap for a client? I feel sorry for whoever gets stuck with her case.

I doubt if her attorney was willing to do anything more than file her idiotic motions knowing she would lose and he could walk away and save his law career.

[Whip]

and pocket some good coin.

[littleroundman]

Not content with getting herself into the SECs' bad books, Faith Sloan has decided to give it the middle finger, while making nonsense claims of being hacked.

Throw in some straight-from-the-playground juvenile insults directed at Oz and BehindMLM, and you can get some sort of idea of the type of "God fearing" types who are the public face of the HYIP ponzi fraud "industry"

http://imageshack.com/a/img540/1411/De4iAF.jpg

Pretending you've been hacked and calling someone a pedophile ???

Why would anyone be bothered trying to hack a Faith Sloan account, when she is doing such a good job of convicting herself and destroying the last remnants of whatever reputation she may think she have ever had ??

C'mon, Faith,

Lift your game

That is so '80s

[okosh]

Faith Sloan’s Alleged TelexFree Haul: $710,319
By PatrickPretty.com 1:41 pm Apr 20, 2016

newtelexfreelogoUPDATED 3:32 P.M. EDT U.S.A. Faith Sloan received $710,319 from the TelexFree Ponzi- and pyramid scheme, according to filings by TelexFree bankruptcy Trustee Stephen B. Darr.

Sloan, whose address was listed as Virginia Beach, Va., is a longtime Illinois HYIP huckster on Ponzi boards and social media. She and three other TelexFree promoters were charged in April 2014 with securities fraud by the SEC. The state of Illinois later barred her from the securities industry and warned her that violating the ban could result in a felony charge.

Her alleged TelexFree haul was not known at the time.

Darr, who has been investigating TelexFree for nearly two years, now wants to add Sloan and dozens of other alleged major winners as named defendants in a proposed class-action lawsuit filed in February that would return the winnings to the bankruptcy estate. Another proposed defendant is Randy Crosby, charged alongside Sloan by the SEC two years ago. His alleged haul, according to Darr, was $487,621.

Read the full story at PatrickPretty blog....
Faith Sloan's Alleged TelexFree Haul: $710,319 - PatrickPretty.com (http://patrickpretty.com/2016/04/20/faith-sloans-alleged-telexfree-haul-710319/)

[okosh]

An update from Behind MLM...

http://behindmlm.com/companies/telexfree/telexfree-civil-case-resumes-sec-files-second-complaint-amendment/

[EagleOne]

I have been reporting her continued pimping of Ponzi's to her FBI agent in Chicago trying to get her arse tossed in jail until her court date for violating the terms of her indictment. Hopefully they will finally take action and get her off the streets and shut her down for good. I am sick of her flaunting the law and laughing at doing it. Justice cannot come soon enough for me to her. I hope they giver her the maximum sentence they can give.

You can rest assured that if she doesn't go to jail now until her trial, the prosecutor will know all of her tactics violating the terms of her indictment to be used against her at sentencing.