Just Been Paid / JSS Tripler… Ponzi Scam Alert
Just the other day I wrote an article giving generic facts of what a ponzi is and how it works along with at least 1 example of such a program in operation. The much talked about and promoted JSS Tripler arm of the parent scam “Just Been Paid”.
Boy did that ignite a storm of protest and abuse that still has my email box humming.
Today I would like to not only quote the law but provide links to info for the intelligent reader to investigate for themselves.
We describer the legal definition of a Ponzi, how a Ponzi works and showed how JSS fits the description to a T and this alone was not enough for some people.
Let me continue the dissection….
Lets start with the claim of 2% per day… very nice as this makes it a lucrative investment way beyond what you can get at the bank, at a measly 1/2% per MONTH.
But wait… all investment, stocks, bonds, securities and other businesses that deal with investments, interest generating and dividend issues are required by law to be federally regulated by the SEC (security and exchange commission)… where is the SEC sanction? This includes ALL FOREIGN businesses as well if they do business with US citizens.
But the products you say! They are real, I get traffic and downloads etc. Well that is all just smoke and mirrors folks.
eBooks and lousy traffic were deemed ineligible as products by the courts in the famous landmark case of 2007… The United States Vs StormPay.com and 12 DailyPro.
It can also be noted here that 12 Daily Pro is the exact template used by JSS with the percentage and the length of time modified and 12DP WAS convicted of being a Ponzi.
So…..Who runs JBP and JSS? Fredrick Mann, and just who is he?
Well I did a Google search and guess what OVER 5 MILLION results for “Fredrick Mann scam.” Well maybe its all just a misunderstanding, I’ll bet he is really a nice guy who would never do anything shady, like being involved with “The New World Order”.
In JSS he provides a testimonial in the FAQ’s of how prior to building JSS he was in the same type of program and was making $5,000+ a week with it. The program was called Adventures4U and was a Ponzi that was closed down in 09.
In 2007 an 08 he endorsed a program called AdSurfDaily (ASD), there too he claimed that the programs plan was capable of performing indefinitely. In 2009 it too was closed down. Seems the Secret Service closed it down as an illegal ponzi scheme.
Big Booster, who is that? Well its the front cover company that hides a spiders web of other programs all with Fredrick’s finger in the pie. It seems that Just Been Paid is not the main program, along with several others like BuildFreedom it is just another shill feeder for JSS
Private Bag X12
Roosevelt Park, 2129
None of the official names for South Africa can be abbreviated to ZA, which is an abbreviation of the Dutch Zuid-Afrika. (South-Africa)… Roosevelt Park is a ritzy suburb just outside of the core of the city of Johannesburg in the province of Gauteng
Domain name: JUSTBEENPAID.COM
Mann, Frederick email@example.com
Private Bag X12
Roosevelt Park, 2129
Lindsay, Mark firstname.lastname@example.org
101 Buckingham Ave
*****hall Park, Gauteng 2196
My next question is not a legal one but one that any curious person might ask, the videos on the site have almost all been removed by YouTube for violating the TOS… why?
I have seen Ophra used as a spokes person yet she has no connection with JSS.
The same holds true for Warren Buffet and even First Officer Spock of the starship USS Enterprise NCC-1701! Rumors of Charlie Sheen seem to be floating about too.
The use of legal businesses and persons of note is a common practice of scams to create an aura of legitimacy with which to lull the “mark” in. NONE of these people represent or endorse JSS Tripler!
Therefore it is the expressed views of the Federal trade commission that the structures identified as Ponzies are illegal and this view is approved and ratified by over 100 countries world wide.
Since the structure of JSS fits the description it is my opinion (yes you heard it here first “my opinion”) that JSS is an illegal Ponzi. You know, walks like a Duck, quacks like a Duck…it ain’t no Moose!
But again… don’t take my word for it… GO CHECK FOR YOURSELF!
The U.S. Department of Justice
Federal Bureau of Investigation
The U.S. Securities and Exchange Commission (frequently abbreviated SEC) is a federal agency which holds primary responsibility for enforcing the federal securities laws and regulating the securities industry, the nation’s stock and options exchanges, and other electronic securities markets in the United States. In addition to the 1934 Act that created it, the SEC enforces the Securities Act of 1933, the Trust Indenture Act of 1939, the Investment Company Act of 1940, the Investment Advisers Act of 1940, the Sarbanes-Oxley Act of 2002 and other statutes. The SEC was created by section 4 of the Securities Exchange Act of 1934 (now codified as 15 U.S.C. § 78d and commonly referred to as the 1934 Act).
FTC (Federal Trade Commission) subjects
Pyramid Schemes and Ponzis
I swear to tell the truth… but my fingers were crossed!
Who doesn’t know the phrase that is used in some form or another as an oath prior to giving testimony. In the business world testimony is what we more commonly know as advertising. I tell you something and you believe me and buy the product or service, simple right? Continue reading
Auction sites, Caveat Emptor
You are bidding on a Samsung 60″ 1080p 3D LED HDTV set on the hottest new auction site on the net It’s a sweet deal if you can get it as it retails for at regular price for $4,199.98 and right now its just a 8 way battle between you and 7 others who all want the set.
Pyramid Scheme Alert! Sept 11/11
If you have received an invite to join ViraDyne you need to read this NOW!!
According to the FTC (Federal Trade Commission)
What is a Pyramid Scheme and What is Legitimate Marketing? Continue reading
No Advertising, No Recruiting, No Sponsoring, No Selling, No Explaining, No Phone Calling and No Work For You! Just Sit on Your Couch and Count Your Money as it Rolls In!
Any of it sound familiar? I know I get a ton of that hype in my email
every day and it angers me to see normally rational people give away
their hard earned cash for this garbage! You have a brain…use it!
Lets try an exercise here and start at the beginning and work our
way through. Continue reading