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Quatloos! > HYIPs and Bank Debentures > EXHIBIT: Quatloosian HYIP Programs

Prime Bank & HYIP Gallery

SPAM-FREE SITE
We do NOT spam. Various multi-level marketers and other criminals have recently sent out spam impersonating us, and having our return e-mail address, so that people would complain about spam and cause us to be shut down (a/k/a "joe job"). These multi-level marketers and other criminals have engaged in this form of cyber-terrorism because our telling the truth about their fraudulent schemes was hurting their ability to sell to new victims. Fortunately, our ISP now recognizes that these fake spams are bogus and ignores them, and additionally we are duplicating this site on numerous other servers (including "hardened" servers as well as our own proprietary servers) so that we cannot be harmed by these multi-level marketers and other criminals. Death to Spammers!

CAUTION: This web page was drafted by Quatloos!, and it has not given permission to anybody to reprint it. Various scam artists have attempted to copy or "knock off" this web page to their own web sites (sometimes making minor changes in an attempt to avoid infringement of copyright laws) to promote their scam services. If you see what you believe is a duplicate of this page, be careful because you are dealing with some very sleazy people for whom deceit is their modus operandi and who will not only give you shoddy services, but probably embezzle your money from you as well.

HYIP-Prime Bank Scam Gallery
("Didn't you read the stuff about Breton Woods? Your money cannot be touched, you will make 80%
per week on it, and it benefits international humanitarian projects abroad . . .")


U. S. Securities and Exchange Commission

Lititgation Release No.  15024  \  August 26, 1996 SEC v. Louis Bethune, Charles Howard and John Jackson, U.S.D.C., N.D. Alabama, Civil Action File No. CV 95-2509-S (September 29, 1995)

     The United States Securities and Exchange Commission ("Commission") announced that on August 8, 1996, the Honorable Sharon Lovelace Blackburn of United States District Court for the Northern District of Alabama entered a final judgment of permanent injunction against defendant John Jackson, Mayor of White Hall, Alabama, prohibiting Jackson from future violations of Section 17(a) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934.  Jackson consented to the entry of the permanent injunction against him without admitting or denying the allegations of the complaint.  The Commission s complaint, filed September 29, 1995, alleged that the defendants participated in a fraudulent scheme to pledge $300 million in revenue bonds purportedly secured by prime bank securities and issued by the Redevelopment Authority of White Hall ("Authority") in an attempt to obtain a $255 million margin loan from a Sarasota, Florida office of Smith Barney, Inc. ("Smith Barney").  The complaint also alleges that prime bank securities do not exist and that all series of the bonds issued by the Authority contained multiple misrepresentations, including fundamental misrepresentations that the bonds were "Bank Guaranteed," and that they were backed by "Prime Bank Securities, issued by a an acceptable institution in good standing."  See also, LR.-14675/October 2, 1995

 

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