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

Prime Bank & HYIP Gallery

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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
Washington, DC

United States of America vs. Roy Matlock and Alan Root, (Criminal Case #98 CR 172, N.D. Ill.)

The Securities and Exchange Commission and the Acting United States Attorney for the Northern District of Illinois announced that on March 18, 1998, Roy Matlock (Matlock) was indicted on seven counts of mail, wire and securities fraud and conspiring to commit those crimes. Matlock, a former registered representative living in Kingsport, Tennessee, is accused of defrauding various investors out of over $3.6 million by, among other things, guaranteeing them high rates of return in connection with the offer and sale of so-called Prime Bank instruments. In addition, certain investors received payment of "returns" out of the money invested by later investors.

On April 8, 1998, a superseding indictment was returned naming Alan Root (Root), Matlock’s business partner, for his role in the fraud. Root, formerly of Orland Park, Illinois, is expected to plead guilty on May 6th.

http://www.sec.gov/litigation/litreleases/lr15722.htm

 

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