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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. 15320 / April 8, 1997

SEC v. Jerome E. Pinckney, Richard L. Arnold, Donald E. Elder, Fernando Cruz, Shaun K.R. Maxwell, Anthony Bukovich, Jr., and Six Capital Corporation (E.D.N.C., Civil Action No. 7:95-CV-122-BR-1)

 The Securities and Exchange Commission announced today that on March 27, 1997, the Honorable W. Earl Britt, United States District Judge for the Eastern District of North Carolina, entered an order of permanent injunction against defendant, Donald E. Elder ("Elder"), from violating Section 17(a) of the Securities Act of 1933. The Court found that the imposition of civil penalties would be considered at a later date upon motion by the Commission.

 Elder consented to the relief without admitting or denying the allegations set forth in a complaint filed by the Commission on August 23, 1995. The complaint alleged that Elder violated the antifraud statute by offering for sale investment contracts which were part of a prime bank scheme. Elder attempted to obtain funds from investors by misrepresenting or failing to disclose material facts in connection with the sale of prime bank notes. Among other misrepresentations, Elder falsely represented that the investments were risk-free and that contractual guarantees of payment were being given by a major United States bank.

 

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