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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

Litigation Release No. 14675 / October 2, 1995

SEC v. Louis Bethune, Charles Howard and John Jackson, U.S.D.C., N.D. Alabama, Civil Action File No. CV95-B2509-S (September 29, 1995).

 The United States Securities and Exchange Commission ("Commission") announced that on September 29,1995, a complaint was filed in the United States District Court for the Northern District of Alabama seeking to permanently enjoin Louis Bethune ("Bethune"), Charles Howard ("Howard") and John Jackson ("Jackson") from further violations of the antifraud provisions of the federal securities laws. Bethune and Howard are longtime residents of Birmingham. Jackson is the mayor of a White Hall, a small town in central Alabama. The complaint alleges that the defendants participated in a fraudulent scheme to pledge $300 million in revenue bonds purportedly 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, rated AA+ or higher by Standard & Poors." The complaint seeks a permanent injunction, an order imposing civil monetary penalties on the defendants and other equitable relief. 

 

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