March 1, 2006

12DailyPro Scam Finally Dead!


Well, I warned people. Others warned people. Even Rod Cook of MLMWatchDog.com made it a point to warn people that 12DailyPro was nothing but a no-good Ponzi (Pyramid) scheme.

And finally, 12DailyPro is dead!

Apparently, after being alerted to possible fraud at 12dailyPro, Stormpay, the main payment processor 12DailyPro used, has frozen the accounts and its owner has said that the money presently in the accounts will NOT cover the requests for refunds.

The 12DailyPro Investigation:

On February 13th, The Wall Street Journal Online announced that the SEC and FBI had began an investigation of 12DailyPro. Those familiar with the investigation stated that the 12DailyPro is under investigation by both the FBI and the Securities and Exchange Commission, and at least two U.S. states.

In recent days, and amid those probes, the main payment processor for 12dailyPro, Stormpay, Inc., has frozen the funds that were initially supposed to be paid out to members.

One law-enforcement official involved in the probe said a "significant number of people" likely lost millions of dollars in the aggregate. The site recently claimed it had 300,000 members from around the world, some putting in $6,000 at a time.

-The FBI officially announces its investigation!

For even more on it, check out what the MLMWatchDog had to say...

12 DAILY PRO A PAID TO SURF PONZI
4 Feb 2006 -- At a quick glance 12DP, is a Ponzi Scheme... Product of absolutely no value (12 "surfing" click thrus a week) and they pay out enormous returns (over 40% in 12 days). No commissions = Ponzi! Ed. Note: Sucking in many, many suckers and more suckers!
abc 4 News Video on 12daily Pro scam

PYRAMID SCAM - 12 DAILY PRO - SURF SCAM DEAD
LOOK OUT FOR IMITATORS!

11 Feb 2006 -- 12daily Pro scam promised to pay large sums back on each investment to users who visit 12 participating websites a day. This is a “SURF” pyramid scheme... of the highest order as we reported. Now getting serious attention from regulators! Great - BUT LOOK OUT! - THERE ARE IMITATORS, SAME GAME!
STORY:

http://www.wtoctv.com/Global/story.asp?S=4476868

Georgia Governor's Office of Comsumer Affairs

12daily Pro Scam Update!!!

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