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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! |
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| 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. |
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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 . . .")
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UNITED
STATES SECURITIES AND EXCHANGE COMMISSION
Litigation Release
No. 15494 / September 15, 1997
SECURITIES AND
EXCHANGE COMMISSION V. WALTER CLARENCE BUSBY,
JR., Civil Action No. 1: 97-CV-2653 (N.D. Ga.)
The Securities
and Exchange Commission announced that a Complaint
For Injunctive And Other Relief was filed by the
Commission on September 11, 1997, in the United
States District Court for the Northern District
of Georgia, against Walter Clarence Busby, Jr.
("Busby"). The complaint seeks to permanently
enjoin Busby from future violations of Section
17(a)(1) through Section 17(a)(3) of the Securities
Act of 1993 and Section 10(b) of the Securities
Exchange Act of 1934 and Rule 10b-5 thereunder.
The Commission also seeks disgorgement of all
ill-gotten gains along with prejudgment interest,
the imposition of civil penalties and a sworn
accounting of all funds received by Busby during
the schemes. The Commission's complaint alleges
that Busby violated the antifraud provisions of
the securities laws by offering and selling investment
contracts in connection with three different prime
bank schemes. Using misrepresentations and omissions
in each of the three schemes, Busby raised money
for purported trading programs in "prime
bank" notes by fraudulently representing
to investors that the investments were risk-free
and that the ventures would pay returns ranging
from 750% to 10,000%. In total, Busby raised nearly
$1 million from more than 70 investors. None of
the investors has earned the exorbitant returns
promised by Busby.
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