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Securities and Exchange Commission v. Charis Johnson, LIFECLICKS, LLC, and 12DAILYPRO, Civil Action No. CV 06-01018

SEC HALTS “PAID AUTOSURF” INTERNET PONZI SCHEME THAT RAISED OVER $50 MILLION FROM 300,000 INVESTORS WORLDWIDE

The Securities and Exchange Commission (”Commission”) today announced the filing of securities fraud charges against the operators of www.12DailyPro.com, a “paid autosurf program” that.[ ]

SEC

Read the full post of SEC Froze Assets from 12DailyPro & Charis Johnson including 1.9 million in her personal bank account

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12DailyPro now has a cease and desist order against it. The order was handed to an agent of 12DailyPro on Friday. A source familiar with the order says it calls for all involved with the internet auto-surf program to cease the sale of unregistered securities by unlicensed individuals. The order is apparently part of a joint investigation by the Secretary of State of North Carolina and the Federal Serurities and Exchange . Read the complete article here

Read the full post of N.C. Securities Division Files Cease & Desist Order Against 12DailyPro

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Local Utah Channel 4 News Anchor, Brent Hunsaker follows 12DailyPro member to StormPay and then to 12DailyPro trying to find answers. This is the first of many reports coming this week as we follow their story. link is here

News Update: Talks with Stormpay, Steve Grisky
link is here

newest update: 02/18/05 PROBE INTO 12DAILYPRO/STROMPAY HEATS UP..
12DAILYPRO MEMBERS LOOKING AT GOVERNMENT AGENCIES FOR HELP..

Read the full post of Local Channel 4 news update on Stormpay/12DailyPro

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Last spring, a web site called 12dailyPro.com began offering viewers an amazing financial deal: a 12% daily return on membership fees. (We all know the story and how it all started). But we didn’t know that the federal and state authorities were investigating 12dailyPro and other sites making similar offers. 12dailyPro being the biggest in the industry was the target for investigators. The sites have drawn scrutiny amid a widening law-enforcement focus on Internet crimes. The Federal Bureau of Investigation has made Internet fraud the agency’s third-highest priority, after counterterrorism and counterintelligence, and says its Internet Crimes Complaint Center received 207,000 complaints in 2004, up 66% from the prior year. However, there was only a small percentage of those that were investment frauds.
Peter Norell, a securities-fraud supervisor at the FBI’s Los Angeles office says ” We are definitely seeing a bunch more scams on the Internet which allows criminals a measure of anonymity and the ability to operate from anywhere. Autosurfing sites can in theory be legitimate,but often are straight ripoffs.

Read the full post of FBI, SEC PROBE WEB SITES OFFERING LARGE RETURNS FOR LOOKING AT ADS

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Through the turmoil and hoopla that has been going on in the recent weeks, one has to wonder where the auto surf industry is headed. Thousand of people have been scammed one way or another, which has left alot of people feeling that there is no place for them in the surf community. Some of the others that have not opted out are buying at a smaller scale with concerned interest.

Read the full post of Do diligence Required

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