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Re: James and Grace Lockett Global Turbo Team Presents: YourDailyAbundance
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Re: James and Grace Lockett Global Turbo Team Presents: YourDailyAbundance
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Re: James and Grace Lockett Global Turbo Team Presents: YourDailyAbundance
But attorneys and the haters....
As per the BCSC’s warning, USI-Tech
is not registered to trade in, or advise on, securities or exchange contracts in BC.
We urge BC residents to exercise caution when dealing with firms that are not registered to trade or advise in BC.
USI-Tech’s business model sees the company advertises a 70 EUR ROI on 50 EUR investments.
Despite clearly offering a security, USI-Tech has not registered itself with a securities regulator in any jurisdiction it operates.
The offering of unregistered securities is illegal in regulated financial markets the world over.
USI-Tech investor warning issued in BC, Canada
Notice where it says "Payout Percent", apparently British Columbia did too.
Payout Percent.JPG
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Re: James and Grace Lockett Global Turbo Team Presents: YourDailyAbundance
http://www.realscam.com/f11/simon-stepsys-3342/ was promoting Global MoneyLine Review: Pseudo email list builder for a spell, not so coincidentally he is also promoting USI Tech. Birds of a feather and all that.
How seriously should you take someone that spews passive income in one breath while gushing about getting 11,000 leads in the next? Does working 11,000 leads not seem like a hella lotto of non-passive work? You going to do that part time?
Sounds more to me like the Nigerian Princes and Barristers in my country sending millions of ridiculous emails in hopes of finding a handful of ripe suckers.
Golbal Moneyline Scam with James Lockett.JPG
Global MoneyLine Review: Pseudo email list builder
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Re: James and Grace Lockett Global Turbo Team Presents: YourDailyAbundance
To paraphrase an airline executive, I like to use a carrot and stick approach. First I'll dangle a carrot in front of your nose, if that doesn't work I'll jam it up your ass. If you think all this is "dreamstealing", "hating", or "naysaying" you ought to know what end the carrot is headed.
http://www.realscam.com/f12/investin...evention-4217/ is a fairly serious thread about steps that need to be taken before you trust someone with your money. A carrot if you will, this will keep you far far away from hucksters like Lockett.
Before he deleted another video, Lockett talked about how he "busted" Cryp Trade Capital Review: 361% annual crypto trading ROI?. Now he is pleading for others to get Interpol involved if they have those connections. People with Interpol connections are probably not so stupid as to invest money based on Youtube proofs and Facebook groups. This monkey promoted this scheme, is always telling the haters to STFU, yet doesn't have nary a clue where or to whom the money went.
Imagine being cheated by Crypt Trade Capital.JPG
Since Lockett has been so busy scrubbing past scams from his Youtube channel I can't say for certain if he promoted Ethconncet. Since the screenshot shows a conversation with scam admin I'll go with probably.
Conversation.JPG
If not, why would he even be engaging with folks operating such an obvious fraud? Someone else had to point out for Inspector Ponzi that the developers pictures were stolen. A shocker for the ages. This guy is plenty happy to continue to take commissions from any idiot that puts their faith in him, yet time and again has proven incapable of performing even rudimentary due diligence.
Eth Connect Imagine that.JPG
https://bitcointalk.org/index.php?to...96#msg23541196
Last edited by ribshaw; 12-18-2017 at 11:27 AM.
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Re: James and Grace Lockett Global Turbo Team Presents: YourDailyAbundance
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Re: James and Grace Lockett Global Turbo Team Presents: YourDailyAbundance
Pandex...
LMFAO.jpg
Pandex Scam with James Lockett.JPG
Pandex – Compensation Plan
The compensation plan is simple and follows a unilevel structure. The investment are made on the promise of ROIs that are paid out through downline affiliates.
SGX – You need to invest $100 or more to receive 17.01% monthly ROI
Lime – You need to invest $500 or more to receive 26.67% monthly ROI
NASDAQ – You need to invest $1000 or more to receive 32.76% monthly ROI
Cryptocurrency – You need to invest $5000 or more to receive 42% monthly ROI
https://dirtyscam.com/pandex-review/
Conclusion
If it wasn’t already obvious, Japanese billionaires aren’t taking time out from running their already sucessful companies, to launch Ponzi schemes fronted by nervous east European actors.
Pandex itself claims to be a multi-billion dollar company, yet there’s no evidence anywhere in the world that it exists beyond it’s own website.
Pandex Review: Japanese billionaires aren't running Ponzi scams
https://pandex.org/en/section/about
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Re: James and Grace Lockett Global Turbo Team Presents: YourDailyAbundance
I wish I could say I hate being an "I told you so", but that's not even close to being true. I love to win. Now wait for the they don't understand the model rationalizations coming soon from a pimp near you.
USI TECH NOT SO LEGAL.JPG
According to the Securities Board that’s baloney, and the Securities Commissioner is having none of it.
The Federal Trade Commission, however, has no role in regulating registration of the mining investment as a security in Texas.
The State Securities Board regulates the registration of the mining investment as a security in Texas, the registration of dealers and agents offering and selling the product, and the disclosure of material facts to investors.
Despite claims that USI-Tech’s owners are “transparent”, the Securities Board points out that the company is anything but.
Disclosure violations include:
Information about the facilities used to mine bitcoins, the costs of mining bitcoins, and whether they have successfully mined bitcoins;
The terms of the contracts and an explanation of USI-Tech’s “non-exclusive interest” in mining contracts; and
Information about whether the company’s financial condition is strong enough to provide a 1% daily return.
The Securities Board also calls out USI-Tech’s “deceptive” legal opinion.
Sales agents are attempting to deceive the public by claiming that USI-Tech has a “binding legal opinion” from a law firm stating the company is “a legal business in good standing.”
USI-Tech securities fraud emergency cease and desist issued in Texas
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Re: James and Grace Lockett Global Turbo Team Presents: YourDailyAbundance
The State Securities Board in Texas is awesome. And, these scammers should be very afraid. A scammer that sued me and had only 1 complaint would have been nailed if the top dogs hadn't lied in defense of their scam. I got a call from them about their investigation and they thanked me for exposing those particular creeps.
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Re: James and Grace Lockett Global Turbo Team Presents: YourDailyAbundance
What a bunch of bullshit.
James Lockett spinning spinning spinning.JPG
This is what "winning" looks like in Locett's world.
https://www.bloomberg.com/news/artic...-bitcoin-gains
James has been previously told that USI Tech is an unregistered security - What Is the Howey Test? - FindLaw. Not something that's even up for discussion.
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Re: James and Grace Lockett Global Turbo Team Presents: YourDailyAbundance
And the purging of videos has begun. Of course they are only being deleted because they are not in compliance with the new USI-TECH rules. Yeah right James. Wonder who will be next to start the purging of their videos (Frank, Jr and Ken Russo be next)?
EagleOne
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
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Re: James and Grace Lockett Global Turbo Team Presents: YourDailyAbundance
The only "industry" with respect to USI Tech and other %daily opportunities offered via endless chain recruiting is called Ponzi. This sort of ruse has been illegal for 100+ years, has zero to to with Cryptocurrency. Instead of running to Facebook groups for mommy hand and a warm binkie perhaps people should spend time exploring the law as it relates to the warnings now available.
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
In deciding Howey, the Supreme Court created a test that looks at an investment's substance, rather than its form, as the determining factor for whether it is a security. Even if an investment is not labeled a "stock" or "bond," it may very well be a security under the law, meaning that registration and disclosure requirements apply. 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
USI TECH YOUR DAILY SPIN WITH JAMES LOCKETT.JPG
USI-Tech is not informing investors of the danger in being paid commissions from referrals. Individuals paid these commissions must either be registered with the State Securities Board or qualify for an exemption from registration.
https://www.ssb.texas.gov/news-publi...mergency-order
“Something many people do not realize, is that actively soliciting others to participate in this type of scheme is a violation of The Securities Act,” says Roy, “meaning that your participation can leave you open to sanctions—including serious financial penalties.”
MSC warns Manitobans of Emirates-based Bitcoin scheme | Manitoba Securities Commission
In light of recent events, SEC Chairman Jay Clayton has released a public statement regarding cryptocurrency and Initial Coin Offerings, clarifying the fact they ARE considered securities and, as such, require SEC regulation.
http://www.realscam.com/f45/sec-chai...ency-ico-5068/
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Re: James and Grace Lockett Global Turbo Team Presents: YourDailyAbundance
Your Three Day Pandex Action Plan with James Lockett.
Day 1, allegedly invest $50,000 and take a little out. Pure Genius.
Pandex Scam with James Lockett1.JPG
Day two, more of the day one just 24 hours later.
Pandex Scam with James Lockett.JPG
Day three hide any mention of Pandex.
The Pandex strategy delete your videos.JPG
http://www.realscam.com/f11/james-gr...tml#post118388
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Re: James and Grace Lockett Global Turbo Team Presents: YourDailyAbundance
Do these people ever stop and explore how stupid they come across?
Do these people ever stop and explore how foolish the are.JPG
In today's episode of "If You Want to Keep What's in Your Pocket Better not Lockett" James fails to explain what the 140% is if not an investment or interest.
Maybe it's not an investment because he used crayon?
Why would anyone consider this an investment.JPG
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Re: James and Grace Lockett Global Turbo Team Presents: YourDailyAbundance
In this video James reminds Grace how she drove the boat. Only motor noises could have been any more demeaning.
You got to drive the boat.JPG
Then shows a picture of the hole your USI Tech money is in.
The hole where your money went.JPG
Around 16:30 Lockett mentions asking your prospects if they have been scammed before, pot kettle and all black aside. Maybe your prospects should ask why so much prospecting for what are supposed to be passive income systems?
Have you been scammed with James Lockett.JPG
Sound familiar???
In the span of a few days, my initial excitement turned into hesitation and eventually disillusionment as I began to see the business for what it was. Once I joined, hardly any mention was made of actually selling the products or services we supposedly offered; it was all about recruitment, recruitment, recruitment. Under pressure from my team leader to try to get my friends involved in this business, I realized that using misleading tactics to get people I knew to make an investment would be necessary if I was going to have any sort of return on mine. https://www.popsci.com/science/artic...pyramid-scheme
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Re: James and Grace Lockett Global Turbo Team Presents: YourDailyAbundance
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Re: James and Grace Lockett Global Turbo Team Presents: YourDailyAbundance
Just hug it out...
Ari_Maccabi_001.png
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Re: James and Grace Lockett Global Turbo Team Presents: YourDailyAbundance
Always funny when the pot calls the kettle black...
Ari_Maccabi_001.png
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Re: James and Grace Lockett Global Turbo Team Presents: YourDailyAbundance
Lockett would like you to take a lot of things on spec. Such as ignoring the fact that it takes more energy to create a magnet than you can pull back out of said magnet.
Magnet Generator Scam.JPG
If you do the calculation, the energy that was put in in order to magnetize it, is far more than the energy you finally get out of it. In that sense, it isn't even a particularly efficient storage device.
https://physics.stackexchange.com/qu...et-energy-from
A keyword often used by those who think they have found the secret to free energy is: over-unity. What they mean by this is that the ratio of the energy output to the energy input is greater than 1 (more energy comes out than goes in). It sounds great, but the physics is poor. When making energy measurements, there are a number of errors that can be made, often unwittingly, that falsely indicate over-unity is possible. In reality, it isn't.
Is there free energy in magnets?
More of the same for those who think free lunches are served up daily on Youtube
Mining Heat to Power Lies.JPG
More or less... computer chips produce heat, so sure, it is theoretically possible. First you should know that, compared to a heat pump, a miner's efficiency is zero: heat is the byproduct, not the main goal, so it would take much more energy for the same amount of heating than a decent electric heat pump. But since you are generating Bitcoin in the process, we hope it pays off (wouldn't cut down your bills, would increase it instead, but you would have Bitcoins to pay for the increase, hopefully).
The management of the setup and the economics would be hard: an AntMiner S9 consumes 1200W (and consequentially, can heat water by this same amount). You would have to replace the casing and air cooling system with a kind of water cooling system, using water from your hot water tank as cooling fluid.
Then there is the problem: if you water gets to the desired hot temperature, it won't serve anymore as a good cooling fluid. Then you have two options: if you live in a place where bitcoin mining pays off the electric bill, you can mechanically switch the cooling fluid from the hot water tank to an alternative water circuit, this one designed to dissipate the excess heat (an ordinary PC water cooler radiator, for instance), so that you won't have shut down your miner.
On the other hand, if bitcoin mining is economically unsustainable per se, you would have to shut down the miner when the water is hot. In this case, you would have to be sure that the cost of operating the miner minus the bitcoin it produces is lower than operating a regular heat pump (which is more energy efficient, as I said). Not to mention the cost of equipment and installation and R&D to get everything right is much higher with a miner than with a heat pump designed for this purpose
https://bitcoin.stackexchange.com/qu...mining-bitcoin
We've covered this, without knowing how much USI owes or proof they haven't simply tossed a few bucks to put their name on a mine this slide is meaningless at best.
Mining Lies.JPG
Analysis of USI-Tech's ethereum mining pool (external ROI revenue?)
Why are we talking about risk free arbitrage in something that isn't an investment?
Risk free arb lies.JPG
https://www.ssb.texas.gov/news-publi...mergency-order
For some reason scams love to talk about having their own ATMs. The eighties called they wan't their technology back. A much more plausible scenario in my mind would be for existing ATM networks to allow for crypto withdrawals while eating these guys lunch.
ATM Lies.JPG
No matter, you would have been much better directly investing in BTC than USI Tech. Far from being a multiplier, more like a cheese shredder.
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Re: James and Grace Lockett Global Turbo Team Presents: YourDailyAbundance
One of the nice things about public markets is they eventually sniff out bullshit. If Gold Rewards was capable of paying 1% per day I doubt seriously the price would have plummeted. Bitcoin pays zero and the price has rocketed. Funny that.
The market sure doesn't seem to be buying it.JPG
https://coincodex.com/crypto/gold-reward-token/
With 13,300 holders and 77,000 transactions this seems more like a shell game than a lending operation.
Token Holders: 13340 addresses
No.Of.Transfers: 77283
https://etherscan.io/token/0x219218f...55a073e5e0da0b
Gold Reward Scam with James Lockett.JPG
GoldReward.io is using an unsecured easy to hack wordpress template
https://twitter.com/goldrewardscam
GRX is pathetic project, 10 months in the making according to roadmap(yeah right) and all they managed was a scammy looking dashboard, you cant withdraw token, always some new bs announcement to give them more time so they can sell tokens, i sold mine at 4-5, only got ref commission left which i cant transfer due to restrictions imposed by grx.
I advise to dump this coin before it they do, exit scam is near. Very similar to credence style exit
https://bitcointalk.org/index.php?to...29#msg26471329
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Re: James and Grace Lockett Global Turbo Team Presents: YourDailyAbundance
Originally Posted by
ribshaw
Lockett would like you to take a lot of things on spec. Such as ignoring the fact that it takes more energy to create a magnet than you can pull back out of said magnet.
My understanding from the net is that James K. Lockett is licensed to practice law somewhere. Considering how easily any bar association could get wind of his excursion (excursions - I forgot Gladiacoin) into promoting, brokering and profiting from illegal, unlicensed and fraudulent securities ... would it be logical to conclude that he places no value on his ability to practice law?
Here's an interesting compilation (while it lasts) of his recent garbage, along with plenty of evidence of his Youtube housecleaning when the SCAMS he promotes go titzup:
https://futurenet.club/p/global121
Interesting that he keeps his Twitter feed clean of any mention of these SCAMS.
How in the world can Huawei Technologies Co. tolerate the risk of having this Ponzi Pimp identified with their corporate reputation?
SD
.
"No one in this world, so far as I know - and I have researched the records for years, and employed agents to help me - has ever lost money by underestimating the intelligence of the great masses of the plain people" - H. L. Mencken
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Re: James and Grace Lockett Global Turbo Team Presents: YourDailyAbundance
Originally Posted by
shipdit
into promoting, brokering and profiting from illegal, unlicensed and fraudulent securities ... would it be logical to conclude that he places no value on his ability to practice law?
Perhaps Lockett needs to start updating his videos indicating he is a suspended lawyer?
James Kenneth Lockett
License Number: 11718
License Type: Lawyer
Eligible To Practice: No
License Status: Suspended
Reason for Suspension: Non Payment of fees
WSBA Admit Date: 10/1/1981
Contact Information Back to top
Public/Mailing Address:
12515 N Fairwood Dr Unit 1
Spokane, WA 99218-2976
United States
Email: James@lockett-intl.com
Phone: (509) 368-7239
Fax:
Website: James Lockett - International Trade and Business Lawyer
TDD:
Practice Information Identified by Legal Professional Back to top
Firm or Employer:
Office Type and Size: Government/ Public Sector
Practice Areas: Administrative/ Regulatory, Business/ Commercial, Contracts, Corporate, Government, International, Legislation, Lobbying
Languages Other Than English: French
Professional Liability Insurance Back to top
Private Practice:
Has Insurance? - Click for more info
Last Updated:
Committees Back to top
Member of these committees/boards/panels:
None
Disciplinary History
No Public Disciplinary History
In some cases, discipline search results will not reveal all disciplinary action relating to a Washington licensed legal professional, and may not display links to the official decision documents.
https://www.mywsba.org/LegalDirector...D=000000011718
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Re: James and Grace Lockett Global Turbo Team Presents: YourDailyAbundance
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Re: James and Grace Lockett Global Turbo Team Presents: YourDailyAbundance
Just stay positive it's a challenge for the "industry" company response coming forthwith, top legal minds.
Even Bert and Erine have had enough.JPG
http://www.realscam.com/f45/cease-de...87/#post118846
Or not, sometimes the haters just get it right. Actually every time, but with so many Ws who can be bothered keeping score?.
Even Bert and Erine have had enough1.JPG
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Re: James and Grace Lockett Global Turbo Team Presents: YourDailyAbundance
Lockett sure is generous with the wizdoms, but missed one.
Other possible responses.JPG
Other possible responses.
Other possible responses1.JPG
Extraordinary Termination of Distributor Agreement (Distributor ID: 1055181)
Dear Customer,
You are active for our company in the US and/or Canada as a distributor offering our services. We were utterly dismayed to learn that a large number of our sales partners extensively advertise our services on their own websites as well as on social media in a manner which is a breach of contract as well as illegal, and which gives the appearance that our service portfolio violates both US and Canadian law. Despite the measures which we have already initiated, this behavior has even intensified in recent weeks and months. This has already resulted in actions by the respective authorities against various distributors, as well as the first preliminary injunctions in response to this advertising behavior.
The initiation of the above-mentioned official action and the court-ordered preliminary injunctions has also inevitably placed our company in a legally problematic situation. This is due to the fact that, in the event of any doubt, it cannot be ruled out that this illegal advertising by the distributors involved will cause the relevant authorities to suspect that our company itself is promoting this type of advertising activity, or at least tolerates it. This type of alarming view by the authorities would lead to unforeseeable damage for our company as well as our sales partners who observe applicable laws. We cannot subject our company or our reputable sales partners to this danger.
Consequently, we have decided to immediately discontinue our business activities as well as our sales in the US and Canada. Unfortunately, this also has a direct consequence for you as a sales partner since the cessation of our marketing operations means that we are forced to immediately terminate our contractual relationship with you.
Although we deeply regret this step both on a business and a personal level, effective immediately we hereby summarily cancel the existing contractual relationship with you as a distributor,
or, alternatively, hereby notify you of ordinary termination as of the next possible date.
In light of the above-announced termination, effective immediately you may no longer market goods, software or other services to our customers, and we will unfortunately no longer be able to accept applications for distributor agreements from third parties from you. In order not to jeopardize the termination of our contractual cooperation, for security reasons your sales partner account in our back office will also immediately be blocked.
Naturally, we will be paying out all commissions earned up to today's date. We expect to check your remaining unpaid commissions within the next 2 weeks, and as part of this process we will also check/offset/reclaim commission claims of various distribution partners for unlawful double payments/rebuys as well as for unlawful payments due to double-accounts (multiple registrations). Once we have concluded our audit and have determined commission claims, we will remit them to you taking into account the requirements of Section 14 of our Distributor Terms and Conditions. With respect to those sales partners whose illegal advertising behavior is responsible for this current situation, we reserve the right to assert claims for damages, which we will also enforce by offsetting them against commission claims.
We would also like to point out that, as a result of the above termination, effective immediately you must destroy and/or take offline all websites, landing pages, social media sites/chat groups (e.g., Facebook, YouTube, Instagram, WhatsApp, Telegram pp.) or other online or offline advertising materials relating to direct sales of our goods, software, other services and/or our direct sales concept. At the same time, you are obligated to immediately discontinue or cancel all current advertising and/or planned advertising, promotional events or other promotional efforts for our company. In addition, you must immediately terminate or discontinue the use of any registered internet domains, social media accounts, WhatsApp groups or comparable tools, as well as delete the associated login info and/or registrations inasfar as these internet domains, social media accounts, WhatsApp Groups or similar tools include our name, trademarks, product names or other characteristics of our company.
Compliance with the foregoing is also very important with respect to your own interests, e.g. in order to still any concerns on your part with respect to warnings or other actions for misleading or unlawful advertising by third parties or any official investigation of you, given that we have terminated our direct sales in the United States and Canada.
If you currently also use our products, software or other services as a customer, we will be promptly informing you separately regarding the continuation of our customer relationship with you.
We would like to conclude by thanking you for your commitment to our company and for your sales efforts. We extremely regret these recent negative developments caused by the behavior of dubious sales partners and wish you all the best professionally and personally.
Best regards
USI-TECH Management
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