Thread: Profitable Sunrise HYIP - Has anybody dug through it yet?

[QUOTE=ProfHenryHiggins;39892]

Originally Posted by Myriad Force

Let me guess, you never bothered to check the facts behind the claimed attorneys? Luis Ewing, Pete Hendrickson, Ed & Elaine Brown are names that come to mind from your description.

Let me point a few gruesome facts out to you, Ty.
Quatloos! • View forum - Tax Protestors, Pure Trusts, and Other Stupid De-Tax Schemes & Scams
Quatloos! • View forum - Sovereign Citizen and Redemption Scams

Those are forums that focus on discussion of people who use arguments like the ones you are. Take a look at how many failures are out there.

Perhaps I should just point you out to Janell Westerham, but I'm not sure that you're still driving a taxicab in her employ.

This is getting richer by the moment. Yes, please contact Limo One (the company I ran for Janell in 09), I'm mildly curious where Janell is these days.

I love how desperate you are, you can't find any dirt on Profitable Sunrise, so instead, you have to come after me for questioning your ineptitude.

How do you like your Crow - well done?

[QUOTE=Myriad Force;39897]

Originally Posted by ProfHenryHiggins

This is getting richer by the moment. Yes, please contact Limo One (the company I ran for Janell in 09), I'm mildly curious where Janell is these days.

I love how desperate you are, you can't find any dirt on Profitable Sunrise, so instead, you have to come after me for questioning your ineptitude.

How do you like your Crow - well done?

Can't find any dirt on PS?
Ty, I haven't even been trying to find any. I'm going after the individual members to name & shame them, starting with your loud-mouthed, anything-but-Christian self. The fact that this programme of yours is violating law after law after law has been painfully obvious to anyone with a little knowledge of history.

[QUOTE=Myriad Force;39881]

Originally Posted by EagleOne

[B][COLOR="#0000CD"]Tsk, tsk, there you go confusing Myriad Force with "empirical facts." I mean his "empirical facts" consist of a screenshot he saw of a piece of paper he believes to be true, but has no knowledge if it is true or not. I can make up a piece of paper to make it say whatever I want and Myriad Force would believe it if I told him he would make a squillion dollars because of it.

Yes indeed. Thank God Roman Novak moved the operation to the UK from the United States with its corrupt encumbrances and red-tape. We the citizens of the planet have the right (not priviledge) to invest our money the way we choose. No one is forcing any company to pay high rates to obtain Hard Money loans. It is all supply and demand. As the economy worsens and banks tighten up on loans, Profitable Sunrise will continue to boom, and so will our bank accounts.

Again, if you have any empirical evidence of Profitable Sunrise breaking any laws, please elaborate in detail. Posting websites that lay-out rules, does not prove anything.

Are we breaking the law if we refuse to pay Federal Taxes in the United States? The 16th amendment is unconstitutional. As soon as we fill out any Federal Tax forms, we give up our fifth amendment right to not prosecute ourselves. Any "laws" of man are in question, espeically if they are not inline with the United States Constitution - The Supreme Law of the Land.

I for one will not be paying any taxes on my earnings from PS. I will have an off-shore account, and only bring in 9k at a time into each of my accounts in the states.

Ka-ching.

If it is so terrible living here, as you say, why do you still live here? I think you would want to move to your offshore tax haven and live the good life.

There is no question that Profitable Sunrise is a scam. They claim this is, "An investment with a certain rate of return and no chance of default. The interest rate paid under the Long Haul is 2.7% per business day." A company or individual with short-term cash needs either uses commercial paper, bankers’ acceptance, personal loan, home equity loan, 401(k) loan, margin loan, etc. The source of funds is based upon the amount needed, the size of the corporation, collateral, credit score or rating, etc. For comparisons purposes, commercial paper is yielding an annualized rate of 0.12% and short-term home equity loans have an annualized rate of 1.99%. Profitable Sonrise promises 2.70% PER DAY that is equivalent to over 100,000% per year, assuming 5 business days a week over 52 weeks. They are an HYIP, unregistered security, a ponzi, and pyramid scheme. I strongly urge everyone to file a complaint with the SEC and BBB because that is what worked to bring down Zeek Rewards. I am a Board Certified Financial Planner, have a Masters in Financial Services, and passed the required exams with the SEC to practice as an advisor. My strong warning is that Profitable Sunrise is a scam, it is only a matter of time.

To File a Complaint with the SEC - To Provide Us Information About Fraud or Wrongdoing Involving Potential Violations of the Securities Laws

To File a Complaint with the BBB - https://www.bbb.org/file-a-complaint/

Definitions
Commercial paper (CP) consists of short-term, promissory notes issued primarily by corporations. Maturities range up to 270 days but average about 30 days. Many companies use CP to raise cash needed for current transactions, and many find it to be a lower-cost alternative to bank loans. Current 1-month rates 1-Month AA Financial Commercial Paper Rate (DCPF1M) - FRED - St. Louis Fed

A bankers’ acceptance is created when a time draft drawn on a bank, usually to finance the shipment or temporary storage of goods, is stamped “accepted” by
the bank. By accepting the draft, the bank makes an unconditional promise to pay the holder of the draft a stated amount at a specified date.

SEC filing regarding Zeek Rewards - SEC Shuts Down $600 Million Online Pyramid and Ponzi Scheme

High Yield Investment Program - The Internet is awash in so-called “high-yield investment programs” or “HYIPs.” These are unregistered investments typically run by unlicensed individuals – and they are often frauds. The hallmark of an HYIP scam is the promise of incredible returns at little or no risk to the investor. A HYIP website might promise annual (or even monthly, weekly, or daily!) returns of 30 or 40 percent – or more. Some of these scams may use the term “prime bank” program. If you are approached online to invest in one of these, you should exercise extreme caution - it is likely a fraud.

Promissory Notes - Promissory notes are a form of debt that companies sometimes use to raise money. They typically involve investors loaning money to a company in exchange for a fixed amount of periodic income. Although promissory notes can be appropriate investments for many individuals, some fraudsters use promissory notes to defraud investors, especially the elderly.

Pyramid Scheme - In the classic "pyramid" scheme, participants attempt to make money solely by recruiting new participants. The hallmark of these schemes is the promise of sky-high returns in a short period of time. Pyramid scheme promoters may go to great lengths to make the program look like a multi-level marketing program selling legitimate products or services. But these fraudsters use money from new recruits to pay off early stage investors until eventually, the pyramid collapses. At some point, the schemes get too big, the promoter cannot raise enough money from new investors to pay earlier investors, and people lose their money.

Ponzi Red Flags
High returns with little or no risk. Every investment carries some degree of risk, and investments yielding higher returns typically involve more risk. Be highly suspicious of any “guaranteed” investment opportunity.

Overly consistent returns. Investments tend to go up and down over time. Be skeptical about an investment that regularly generates positive returns regardless of overall market conditions.

Unregistered investments. Ponzi schemes typically involve investments that are not registered with the SEC or with state regulators. Registration is important because it provides investors with access to information about the company’s management, products, services, and finances.

Unlicensed sellers. Federal and state securities laws require investment professionals and firms to be licensed or registered. Most Ponzi schemes involve unlicensed individuals or unregistered firms.

Nanci Jo Frazer @nancifrazer on Twitter



NanciJoFrazer.com Focus Up Ministries

Originally Posted by EagleOne

Myriad Force:

I think it is time for a little history lesson for you. Unlike you, most of us posting here have been exposing Ponzi's for a decade or longer. Okosh, littleroundman, GlimDropper, and others have been exposing Ponzi's/Scams around 15 years, and I am going on 9+ years. So we do know what we are talking about and we do know a Ponzi when we see it. For the last 4+ years Eagle has been working with federal law enforcement agencies worldwide assisting them with their investigations to put these criminals behind bars where they belong.

I am sure you think you are the first one to come on this forum, or any forum for that manner, and put us in our place. You know the mantra: we have to prove it is a Ponzi, anything we say is just our opinion and not based in fact, innocent until proven guilty, need empirical evidence, Social Security is a Ponzi, all government agencies are Ponzi's, and of course now your claim that the 16th amendment is not valid and you believe the myth that being offshore means the "evil" US authorities can't touch PS. I wouldn't be patting myself on the back just yet.

I hate to be the one breaking this news to you, but being offshore doesn't mean diddly squat. If a program is offered to just one US Citizen, the US authorities do have jurisdiction. And just like in the past, if they do decide to take down PS, they will.

I know this will come as a shock to you, but we don't have to prove anything. PS is the one who has to prove it is operating legally, and they haven't. If they were, you would see Inter Reef's Loan License on the PS website. It isn't there. You would also see their license and registrations numbers. They aren't there. There is no address on their website, there are no cv's of any of the major principals supposedly who run PS. In fact they contradict themselves on their website, and I'm sure you have caught that since you have done such extensive due diligence as to their validity. Wait, I forgot. All you've got is what you think you saw was a real loan license. (hint: it's not)

I'm just waiting to hear from you that Roman is going to have his lawyers suing all of us for defaming PS and taking the Lord's name in vain. I'm sure that's the next mantra we will hear. Yep, heard that one before too. Only problem is that as just as much as we want them to sue us, they never do. Hmmm, wonder why?

You are doing more to ruin the reputation of PS than anything we can say. We thank you for it. It is why we want you to keep posting. You are making our case for us to everyone who is reading this thread just how much PS is a Ponzi.

We couldn't have done it without you. Thanks, and also for your personal information.

This post was the most authentic post I have seen on this thread. I believe you're sincere, however, you have stated nothing that convinces me either way. I do applaud your alleged work at exposing scam artists. If you can give me some substance on PS, I will listen. However, you have only provided extrapolations and threats.

Originally Posted by Myriad Force

This post was the most authentic post I have seen on this thread. I believe you're sincere, however, you have stated nothing that convinces me either way. I do applaud your alleged work at exposing scam artists. If you can give me some substance on PS, I will listen. However, you have only provided extrapolations and threats.

Thank you for your kind words, but threats? Where were you threatended with what I wrote? All you have to do is read Rumsfield's post as many times as you need to understand this is a Ponzi.

But if for some strange reason that still has not convinced you, then try this to see if it explains why this is a Ponzi:

When a bridge lender makes a loan, it is backed up with assets that are debt-free. If profitable sunrise really is doing bridge funding, and the note and interest is secured with assets, they must be debt-free. You cannot loan against an asset that already has debt because you as the lender would be second lien on the note. Simply put this means that if the borrower defaults, the party that holds the first lien position gets the asset, not PS. No bridge lender would ever be the second on any asset. It is how they protect themselves in case of default.

But even that does not protect the bridge lender 100%. Once the bridge lender has the asset, they must then turn around and sell it. If they don't sell it for enough money to cover the cost of their outstanding loan (they never lend at 100% of the asset), they lose that portion of the money lended.

PS says that investment funds are insured. They say funds are insured by a leading investment bank, which one? It certainly is not Inter Reef. Nowhere on their website do they show such insurance exists. If you open a trading account, it is insured through SPIC, while banks are insured through the FDIC. Every bank and trading firm proudly displays this seal so their customers know they are protected.

PS also says that they provide interim loans to companies for the term of 6 days to 24 months. No company would need only a 6 day loan. If they did, they could get that quickly on their line of credit, or use a debt-free asset as collateral with the bank they do business with at a "real" interest rate not usury++++++++. Besides it would take longer than 6 days to fill out the application, get it approved and money in their hands. Companies don't wait until crunch time to seek out a 6 day loan, and especially not at the interest rates PS claims they charge; especially if they have collateral (debt-free assets) that could be used as collateral.

But since you may not have caught where they contradicted themselves, I thought I would point it out to you and it is right on the Home page for all to see, and I quote:

"All our loan operations are insured and each one has a security which is equal to the amount of loan plus the interest on the loan. We use the funds invested by our members. So all your investments are insured by default.

Unfortunately, we cannot help every company as we have to make sure that we do not put our investors' money at excessive risk. In addition to that, our investments are insured by a leading investment bank."

At the interest rates they charge every loan they "claim" to make is excessive risk. A company doing business with PS would never get out of debt if they did obtain a loan from PS. It would bankrupt them. All the loans would default. So much for not taking on excessive risk. But I doubt if you still didn't catch the contradiction. Kudos if you did.

Now would you like for me to dismantle every statement PS has on their website with reality not fiction as they have written it? You might want to tell Roman that when he is referring to God, it is He, not he. Of course any real Christian would know that, Eastern European or not. As they say, the devil is in the details.

Originally Posted by Rumsfield

There is no question that Profitable Sunrise is a scam. They claim this is, "An investment with a certain rate of return and no chance of default. The interest rate paid under the Long Haul is 2.7% per business day." A company or individual with short-term cash needs either uses commercial paper, bankers’ acceptance, personal loan, home equity loan, 401(k) loan, margin loan, etc. The source of funds is based upon the amount needed, the size of the corporation, collateral, credit score or rating, etc. For comparisons purposes, commercial paper is yielding an annualized rate of 0.12% and short-term home equity loans have an annualized rate of 1.99%. Profitable Sonrise promises 2.70% PER DAY that is equivalent to over 100,000% per year, assuming 5 business days a week over 52 weeks. They are an HYIP, unregistered security, a ponzi, and pyramid scheme. I strongly urge everyone to file a complaint with the SEC and BBB because that is what worked to bring down Zeek Rewards. I am a Board Certified Financial Planner, have a Masters in Financial Services, and passed the required exams with the SEC to practice as an advisor. My strong warning is that Profitable Sunrise is a scam, it is only a matter of time.

To File a Complaint with the SEC - To Provide Us Information About Fraud or Wrongdoing Involving Potential Violations of the Securities Laws

To File a Complaint with the BBB - https://www.bbb.org/file-a-complaint/

Definitions
Commercial paper (CP) consists of short-term, promissory notes issued primarily by corporations. Maturities range up to 270 days but average about 30 days. Many companies use CP to raise cash needed for current transactions, and many find it to be a lower-cost alternative to bank loans. Current 1-month rates 1-Month AA Financial Commercial Paper Rate (DCPF1M) - FRED - St. Louis Fed

A bankers’ acceptance is created when a time draft drawn on a bank, usually to finance the shipment or temporary storage of goods, is stamped “accepted” by
the bank. By accepting the draft, the bank makes an unconditional promise to pay the holder of the draft a stated amount at a specified date.

SEC filing regarding Zeek Rewards - SEC Shuts Down $600 Million Online Pyramid and Ponzi Scheme

High Yield Investment Program - The Internet is awash in so-called “high-yield investment programs” or “HYIPs.” These are unregistered investments typically run by unlicensed individuals – and they are often frauds. The hallmark of an HYIP scam is the promise of incredible returns at little or no risk to the investor. A HYIP website might promise annual (or even monthly, weekly, or daily!) returns of 30 or 40 percent – or more. Some of these scams may use the term “prime bank” program. If you are approached online to invest in one of these, you should exercise extreme caution - it is likely a fraud.

Promissory Notes - Promissory notes are a form of debt that companies sometimes use to raise money. They typically involve investors loaning money to a company in exchange for a fixed amount of periodic income. Although promissory notes can be appropriate investments for many individuals, some fraudsters use promissory notes to defraud investors, especially the elderly.

Pyramid Scheme - In the classic "pyramid" scheme, participants attempt to make money solely by recruiting new participants. The hallmark of these schemes is the promise of sky-high returns in a short period of time. Pyramid scheme promoters may go to great lengths to make the program look like a multi-level marketing program selling legitimate products or services. But these fraudsters use money from new recruits to pay off early stage investors until eventually, the pyramid collapses. At some point, the schemes get too big, the promoter cannot raise enough money from new investors to pay earlier investors, and people lose their money.

Ponzi Red Flags
High returns with little or no risk. Every investment carries some degree of risk, and investments yielding higher returns typically involve more risk. Be highly suspicious of any “guaranteed” investment opportunity.

Overly consistent returns. Investments tend to go up and down over time. Be skeptical about an investment that regularly generates positive returns regardless of overall market conditions.

Unregistered investments. Ponzi schemes typically involve investments that are not registered with the SEC or with state regulators. Registration is important because it provides investors with access to information about the company’s management, products, services, and finances.

Unlicensed sellers. Federal and state securities laws require investment professionals and firms to be licensed or registered. Most Ponzi schemes involve unlicensed individuals or unregistered firms.

Welcome to RS and for your excellent information. We look forward to more posts of your knowledge and expertise here.

Originally Posted by Myriad Force

The 16th amendment is unconstitutional.

A part of the Constitution is unconstitutional? That means about as much as saying that c=2πr is "ungeometrical".

As soon as we fill out any Federal Tax forms, we give up our fifth amendment right to not prosecute ourselves.

Not according to the Supreme Court. United States v. Sullivan, 274 U.S. 259 (1927).

If you know the right attorney's

The right attorney's what? Secretary? Dog? Hamster?

Oh, you mean "attorneys". Slept through third grade, did you?

C'mon, PHH. You posted on Quatloos over this guy?

Originally Posted by EagleOne

Thank you for your kind words, but threats? Where were you threatended with what I wrote? All you have to do is read Rumsfield's post as many times as you need to understand this is a Ponzi.

But if for some strange reason that still has not convinced you, then try this to see if it explains why this is a Ponzi:

When a bridge lender makes a loan, it is backed up with assets that are debt-free. If profitable sunrise really is doing bridge funding, and the note and interest is secured with assets, they must be debt-free. You cannot loan against an asset that already has debt because you as the lender would be second lien on the note. Simply put this means that if the borrower defaults, the party that holds the first lien position gets the asset, not PS. No bridge lender would ever be the second on any asset. It is how they protect themselves in case of default.

But even that does not protect the bridge lender 100%. Once the bridge lender has the asset, they must then turn around and sell it. If they don't sell it for enough money to cover the cost of their outstanding loan (they never lend at 100% of the asset), they lose that portion of the money lended.

PS says that investment funds are insured. They say funds are insured by a leading investment bank, which one? It certainly is not Inter Reef. Nowhere on their website do they show such insurance exists. If you open a trading account, it is insured through SPIC, while banks are insured through the FDIC. Every bank and trading firm proudly displays this seal so their customers know they are protected.

PS also says that they provide interim loans to companies for the term of 6 days to 24 months. No company would need only a 6 day loan. If they did, they could get that quickly on their line of credit, or use a debt-free asset as collateral with the bank they do business with at a "real" interest rate not usury++++++++. Besides it would take longer than 6 days to fill out the application, get it approved and money in their hands. Companies don't wait until crunch time to seek out a 6 day loan, and especially not at the interest rates PS claims they charge; especially if they have collateral (debt-free assets) that could be used as collateral.

But since you may not have caught where they contradicted themselves, I thought I would point it out to you and it is right on the Home page for all to see, and I quote:

"All our loan operations are insured and each one has a security which is equal to the amount of loan plus the interest on the loan. We use the funds invested by our members. So all your investments are insured by default.

Unfortunately, we cannot help every company as we have to make sure that we do not put our investors' money at excessive risk. In addition to that, our investments are insured by a leading investment bank."

At the interest rates they charge every loan they "claim" to make is excessive risk. A company doing business with PS would never get out of debt if they did obtain a loan from PS. It would bankrupt them. All the loans would default. So much for not taking on excessive risk. But I doubt if you still didn't catch the contradiction. Kudos if you did.

Now would you like for me to dismantle every statement PS has on their website with reality not fiction as they have written it? You might want to tell Roman that when he is referring to God, it is He, not he. Of course any real Christian would know that, Eastern European or not. As they say, the devil is in the details.

I am most pleased to see the work that is being done here to educate folks, and apologize for not being a little more involved, especially since I started this thread.

There is no doubt in my mind, whatsoever, that PS is a scam, without even digging to any depth, at all, but some will never believe the evidence that is right in front of them.

If anyone STILL has any doubt, do a Google Maps street level view of Inter Reef's physical address. Then come back here and say with a straight face that they are legitimate.

Address:
590A Kingsbury Road
Erdington
Birmingham
West Midlands
B24 9ND

While you're at it, why not give them a call at 013525 059 949 or Fax them at 14072 648 855 and ask them how they are able to offer 100,000 % annual return... (thank you, Rumsfield, for doing the math)

Originally Posted by wserra

A part of the Constitution is unconstitutional? That means about as much as saying that c=2πr is "ungeometrical".



Not according to the Supreme Court. United States v. Sullivan, 274 U.S. 259 (1927).



The right attorney's what? Secretary? Dog? Hamster?

Oh, you mean "attorneys". Slept through third grade, did you?

C'mon, PHH. You posted on Quatloos over this guy?

I may have overreacted, Wes, but they do tend to come in droves.

And his vehement defense of this scam also uncovered another Ken Russo/Faith Sloan level serial scam promoter in Nanci Jo Frazer.

Originally Posted by ProfHenryHiggins

I may have overreacted, Wes, but they do tend to come in droves.

And his vehement defense of this scam also uncovered another Ken Russo/Faith Sloan level serial scam promoter in Nanci Jo Frazer.

I find my self in 100% agreement with you.

I wonder if "Roman Novak" and "Profitable Sunrise" have a special exemption allowing them to not publicly display their MoneyLenders license/s on all their advertising.

What say you, MyriadShill, you've seen them.

Originally Posted by littleroundman

I wonder if "Roman Novak" and "Profitable Sunrise" have a special exemption allowing them to not publicly display their MoneyLenders license/s on all their advertising.

What say you, MyriadShill, you've seen them.

What say I ? I say the cockroaches have certainly come out of the woodwork on this thread. I have read the last posts of your "Big Guns". Not one shread of Empirical Evidence that PS is a scam. Now admittedly, I am relatively new to online investments and don't know all the players, but I am learning. With Profitable Sunrise all you are doing is attempting to compare them to other companies, then extrapolating the outcome.

Have no fear though, I am still digging on my end for all the info on PS I can find, so far so good. One thing I am unclear on, does Roman Novak by UK law, have to provide his loan license number on the PS site?

The upshot for me is this: Ultimately, I am just a guy that made an investment in a company with a cool business model. Once I can get my corpus back it is smooth sailing from there, pure profit. It is fun to watch you roaches running around like your going to save the world.

I wonder if you have placed as much effort into the Federal Reserve scam - printing money at interest, with no interest free dollars to pay off the interest bearing notes. Eagle One is a financial planner and in touch with Federal Authorities, has he alerted them to the massive rip-off? Probably not. How far up their sphincter is his head ?

Originally Posted by Myriad Force

What say I ? I say the cockroaches have certainly come out of the woodwork on this thread. I have read the last posts of your "Big Guns". Not one shread of Empirical Evidence that PS is a scam. Now admittedly, I am relatively new to online investments and don't know all the players, but I am learning. With Profitable Sunrise all you are doing is attempting to compare them to other companies, then extrapolating the outcome.

Have no fear though, I am still digging on my end for all the info on PS I can find, so far so good. One thing I am unclear on, does Roman Novak by UK law, have to provide his loan license number on the PS site?

The upshot for me is this: Ultimately, I am just a guy that made an investment in a company with a cool business model. Once I can get my corpus back it is smooth sailing from there, pure profit. It is fun to watch you roaches running around like your going to save the world.

I wonder if you have placed as much effort into the Federal Reserve scam - printing money at interest, with no interest free dollars to pay off the interest bearing notes. Eagle One is a financial planner and in touch with Federal Authorities, has he alerted them to the massive rip-off? Probably not. How far up their sphincter is his head ?

I looked into your claims regarding the band Rush, and the good folks in their forum consider you to be a psychotic stalker, Ty, not any kind of inspiration.

Now that you've stated that you intend to smurf (or structure) your bank accounts to avoid their reporting requirements, and the time in which you could have edited those posts has past, you can be reported for conspiracy to defraud. Wave good-bye to anything resembling profit from PS. I don't have to spend a single mote of my hekau to turn you in to the mortal authorities, after all.

Originally Posted by Myriad Force

What say I ? I say the cockroaches have certainly come out of the woodwork on this thread.

Back in 2009, when some of Andy Bowdoin's "defenders" were running interference for the AdSurfDaily Ponzi scheme, one of them described the critics as "Rats, Bed Bugs, Maggots, Cockroaches And Everything Else."

Of course, another opined that a federal prosecutor should be placed in a medieval torture rack. The Secret Service/prosecutors were depicted as "Satan."

So, in other words, the agency that guards the President of the United States and the U.S. financial infrastructure, is "Satan." Bowdoin even compared the ASD raid by the Secret Service to the 9/11 terrorist attacks.

Put another way, the U.S. government and the men and women who make up the government, are the Great Satan. That rhetorical flourish has been associated with Ayatollah Khomeini, among others. It is beyond baffling that certain people in the United States effectively have become cheerleaders for crime. And it is offensive beyond measure that some of them are using the language of certain Middle East extremists when they "defend" their "program."

PPBlog

Originally Posted by Myriad Force

the Federal Reserve scam - printing money at interest, with no interest free dollars to pay off the interest bearing notes.

AdSurfDaily figure Kenneth Wayne Leaming can help you advance this conspiracy theory. In addition to being a Federal Reserve conspiracy theorist, he's also a "Birther."

You probably shouldn't expect him to write back right away, though. That's because he's jailed near Seattle preparing for his criminal trial on charges of filing false liens against at least five public officials involved in the ASD Ponzi case, assisting in the filing of false liens against two prison officials, harboring fugitives, being a felon in possession of firearms -- and passing a bogus "Bonded Promissory Note" for $1 million.

PPBlog

Originally Posted by ProfHenryHiggins

I looked into your claims regarding the band Rush, and the good folks in their forum consider you to be a psychotic stalker, Ty, not any kind of inspiration.

Now that you've stated that you intend to smurf (or structure) your bank accounts to avoid their reporting requirements, and the time in which you could have edited those posts has past, you can be reported for conspiracy to defraud. Wave good-bye to anything resembling profit from PS. I don't have to spend a single mote of my hekau to turn you in to the mortal authorities, after all.

In all reality, we won't have to structure our accounts, Roman stated on the last conference call that within six months PS will have their own MasterCard through one of the off-shore Inter Reef banks. This way we can move our earnings onto the Card, which will also quicken the withdrawal process. As long as the funds are not brought into the Fed System, they have no jurisdiction on those funds.
Is it also fraud for Americans to move overseas (let's say, Belize), to avoid paying taxes ?

Is this fraud or savvy business planning? Eagle One, if truth be told, only 40% of Americans pay taxes, how many of the 60% have you chased down, you appear to be such a lilly white, upstanding American - you must rid America of these Defrauding Terrorists.

You remind us of Germans that snitched on other Germans to the Nazis, they did it to save their lives, you are doing it because you are a sadistic establishment bootlicker - who shall be "brought to nought" (Isaiah 29:20).

Originally Posted by klagoosh

If anyone STILL has any doubt, do a Google Maps street level view of Inter Reef's physical address. Then come back here and say with a straight face that they are legitimate.

Address:
590A Kingsbury Road
Erdington
Birmingham
West Midlands
B24 9ND

While you're at it, why not give them a call at 013525 059 949 or Fax them at 14072 648 855 and ask them how they are able to offer 100,000 % annual return... (thank you, Rumsfield, for doing the math)

Got directed here by some people who will recognise the name. That address is the home of a company formation agent (Become Ltd, 590a Kingsbury Road, Birmingham, B24 9ND - Company Formation Services) i.e. a business that sets up and registers limited companies. Send them say $200 and they will be happy to set up a UK private limited company with whatever name you like (no duplicates or spoofing of existing companies please) and whatever share holdings you like (again within limitations). This company looks like it has been registered and nothing else has been done with it. It would be interesting phoning them on that number though, because the area code is for a town miles away. That isn't illegal, but you'd expect the business name to be associated with the address of where the phone number is. The fax number isn't even a UK number.

Originally Posted by Myriad Force

You remind us of Germans that snitched on other Germans to the Nazis, they did it to save their lives, you are doing it because you are a sadistic establishment bootlicker - who shall be "brought to nought" (Isaiah 29:20).

So, now you're loading up a Bible verse to put a chill in Lynn? He'll be "brought to nought." Hell, that's the game MMB played, though MMB didn't do it through verse. (He did allow, however, that he'd defend serial Ponzi schemer Frederick Mann "so help me God.")

You apparently also view Lynn as a "sadistic establishment bootlicker," no doubt his because he seeks to educate the public about scams during the greatest era of white-collar fraud the world has ever known. But to you, he's not merely an "establishment bootlicker," but a "sadistic" one.

And, if I'm following your logic correctly, Lynn is the American equivalent of a cowardly German who's ratting out his neighbor to the Nazis to keep himself alive -- but Lynn is actually worse than a cowardly German because he finds joy in licking the boots of his captors?

At least you didn't call him a Socialist.

PPBlog

Originally Posted by PPBlog

At least you didn't call him a Socialist.

PPBlog

Yet,

give him time.

Originally Posted by ArthurWankspittle

Got directed here by some people who will recognise the name. That address is the home of a company formation agent (Become Ltd, 590a Kingsbury Road, Birmingham, B24 9ND - Company Formation Services) i.e. a business that sets up and registers limited companies. Send them say $200 and they will be happy to set up a UK private limited company with whatever name you like (no duplicates or spoofing of existing companies please) and whatever share holdings you like (again within limitations). This company looks like it has been registered and nothing else has been done with it. It would be interesting phoning them on that number though, because the area code is for a town miles away. That isn't illegal, but you'd expect the business name to be associated with the address of where the phone number is. The fax number isn't even a UK number.

From my understanding, Roman is usually on the road closing on loans, he has no need for commerical office space, nor do his associates.

Originally Posted by Myriad Force

From my understanding, Roman is usually on the road closing on loans, he has no need for commerical office space, nor do his associates.

Well, this is a first, Ponzi in a car.

Originally Posted by EagleOne

Well, this is a first, Ponzi in a car.

LOL, warn us first as now I have to clean up my computer screen.

Myriad Force: In regard to some of your latest comments directed to me, I should point out that I am not a financial planner as you claimed. How you came to that conclusion is beyond me. But in regard to these commets from you, and I quote:

"I wonder if you have placed as much effort into the Federal Reserve scam - printing money at interest, with no interest free dollars to pay off the interest bearing notes. Eagle One is a financial planner and in touch with Federal Authorities, has he alerted them to the massive rip-off? Probably not. How far up their sphincter is his head ?

Is this fraud or savvy business planning? Eagle One, if truth be told, only 40% of Americans pay taxes, how many of the 60% have you chased down, you appear to be such a lilly white, upstanding American - you must rid America of these Defrauding Terrorists.

You remind us of Germans that snitched on other Germans to the Nazis, they did it to save their lives, you are doing it because you are a sadistic establishment bootlicker - who shall be "brought to nought" (Isaiah 29:20)."

This is the best you could do? Seriously? I take it you did not like me quoting from PS's website. This was not my opinion, but straight from the horse's mouth.

So instead of addressing the points from my posting PS statements, this was your reply? Seriously? I thought you wanted empirical evidence? Well, I demand empirical evidence from you, not some pre-shool temper tantrum. It works both ways.

Guess it is about time to expose more of what PS has to say on their website. Don't you just hate it when PS's own words are used against them. Kind of makes defending the Ponzi harder to do doesn't it.

But gotta love being called a "sadistic establishment bootlicker." But when you said, "You remind us of Germans that snitched on other Germans to the Nazis," I have been called Hitler before many times.

So tell me what I quoted from PS website that was not correct. You can tell me can't you?