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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 . . .")


UNITED STATES SECURITIES AND EXCHANGE COMMISSION

 Litigation Release No. 15271 / February 28, 1997

SEC v. Louis Bethune, Charles L. Howard and John Jackson Civil Action No. CV 95-B-2509-S

 The Securities and Exchange Commission announced today that on February 20, 1997, the Honorable Sharon Lovelace Blackburn, United States District Judge for the Northern District of Alabama, entered a final judgment of permanent injunction against defendant Charles L. Howard ("Howard"), enjoining him from violating Section 17(a) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder. Upon sworn representations of a financial inability to pay a fine, no civil penalties were imposed. Howard consented to the relief without admitting or denying the allegations set forth in a complaint filed by the Commission on September 29, 1995. The complaint alleged that Howard, along with codefendants Louis Bethune and John Jackson, violated the antifraud provisions of the securities laws in the offer and sale of municipal bonds, the proceeds of which were to be used for downtown redevelopment projects in White Hall, Alabama. Howard and codefendant Bethune persuaded city officials to allow them to sell the bonds at face values disproportionate to the costs of the projects being funded by the bonds. The complaint also alleged that Howard and his codefendants misrepresented to investors that the bonds were backed by "Prime Bank Securities." In fact, none of the bonds offered for sale by Howard were ever guaranteed or secured by any financial instrument which could be described as a prime bank security.

 

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