Tuesday, February 28, 2006

biggest theft in online history ...

Received a notice this morning regarding an action against a group I was a member of in 2004 - letting me know the trial is now scheduled for October, 2006 ...

I really do not want to write any more about StormPay, but is unavoidable.

What is already the the biggest theft in online history is an event that will drag on for years, just like the one I mentioned above.

To my knowledge, no court order has yet been presented by StormPay to justify it continued actions against hundreds of thousands of people worldwide.

Paid-to-surf (PTS) has been in existence online for about three years, since the beginning of CasHits.com

Through most of that time, StormPay has offered its services to allow PTS members to purchase advertising and to "upgrade" their PTS accounts - all the while collecting fees each time money was received in a StormPay account.

StormPay fees from its opening were set at 6.9% plus 69 cents
https://www.stormpay.com/stormpay/user/about_us.php?v=f

NetIBA** Certified accounts are charged 2.9% plus 39 cents in exchange for the $19.95 "certification" fee

NetIBA is registered to the same person, John McConnell, who heads up StormPay ... so of what value is a NetIBA certified StormPay ?

The only apparent advantage that I can see to anyone anywhere being "NetIBA Certified" is to save on SP fees.

Suddenly one day late in January, 2006, Mr. McConnell and / or Mr. Steve Girksy decided that all PTS were being conducted illegally ... after StormPay had already collected huge profits from PTS.

Right now, StormPay is continuing ( without evidence of court order ) the following unilateral actions:

- freezing SP accounts belonging to owners of businesses *suspected* of fraud
- returning PTS member payouts to the company that paid them, into a frozen account
- taking money out of SP subscribers' bank accounts to send to frozen PTS accounts
- charging SP subscribers' credit cards to send more money to frozen PTS accounts
- taking personal money deposited by SP subscriber accounts so they could pay others for services and sending that money to frozen PTS accounts

... and most incredibly, all of that seems to be done with the blessing of the United States Securities and Exchange Commission, which is in the process of "regulating" the PTS industry, to protect the American Consumer from FRAUD !

... yet each time StormPay sends money to a frozen account, StormPay receives at least 3% of whatever it sends as it takes its fees. SEC itself estimates there has been about $3 million collected by 12DailyPro, and certainly not all that money is now tied up in this mess, but it gives you a look at the "tip of the iceberg" ...

How many PTS and how much money in total is being shifted around by StormPay today is easily in the millions of dollars any way you look at it. Each million that is moved into a StormPay account is at least $30,000 new dollars in StormPay's bank account, so why would StormPay want to stop churning the money ?

Monday, February 27, 2006

"Auto-Surfing: What You Need to Know"

�Auto-Surfing�: What You Need to Know

In the world of marketing, people often get compensated — with cash or free products and services — for doing fairly easy things, like sampling new ice-cream flavors, filling out surveys, or allowing a firm to monitor the television shows you watch or the websites you visit. While some “money for nothing” opportunities may be perfectly legitimate, others can turn out to be frauds.

“Auto-surfing” is a form of online advertising that purportedly generates advertising revenue for companies that want to increase traffic to their websites. The premise behind auto-surfing is that companies that advertise on the Internet are willing to pay to increase traffic to their web sites. These companies hire an auto-surf firm or “host,” which in turn pays individual web surfers to view certain websites on an automatically rotating basis. The more sites the individual visits, the more money he or she stands to earn.

While auto-surfing may sound easy and appealing — and risk-free — there can be a hitch. Some auto-surf programs require their surfers to pay to participate, although perhaps not initially. When you first sign up to auto-surf, the firm might assign a limited number of sites for you to visit and pay you accordingly. Once you’ve made a modest amount of money, the firm might encourage — or even require — you to purchase a “membership” so that you can maximize your earnings. The program will promise high — often double or triple digit — returns on your investment in the program, often within days or weeks of joining.

The line you’ll hear is that the more you click, the more you collect. But the reality is that any scheme that requires you to pay to participate — and promises handsome rewards in no time at all for little to no effort on your part — bears many of the hallmarks of a “Ponzi” or pyramid scheme. These schemes look deceptively legitimate because the fraudsters behind them typically use money coming in from new recruits to pay off early stage investors. But eventually the pyramid will collapse when it gets too big. It’s simply not possible to “rob-Peter-to-pay-Paul" forever.

The SEC warns investors to be wary of any sort of “get rich scheme quick” scheme — and to be especially leery of opportunities that require you to pay to play. Before you pay a dime to make extra cash in your spare time, be sure to do a little due diligence:

  • If it sounds too good to be true, it probably is. Compare promised yields with current returns on well-known stock indexes. Any investment opportunity that claims you’ll get substantially more could be highly risky — and that means you might lose money.

  • Check out the company before you invest. Contact the secretary of state where the company is incorporated to find out whether the company is a corporation in good standing. Also call your state securities regulator to see whether the company, its officers, or the promoters of the opportunity have a history of complaints or fraud. If a supposedly upright business lists only a P.O. box, you'll want to do a lot of work before sending your money!

  • Steer Clear of Testimonials. Watch out if the company’s promotional materials, contain “testimonials” from supposedly satisfied customers, especially if all the “testimonials” are full of praise.

  • "Guaranteed returns" aren't. Every investment carries some degree of risk, and the level of risk typically correlates with the return you can expect to receive. Low risk generally means low yields, and high yields typically involve high risk. If your money is perfectly safe, you'll most likely get a low return. High returns represent potential rewards for folks who are willing to take big risks. Most fraudsters spend a lot of time trying to convince investors that extremely high returns are "guaranteed" or "can't miss." Don't believe it.

For more information on investing wisely and avoiding costly mistakes, please visit the Investor Information section of the SEC’s website at www.sec.gov/investor.shtml.

http://www.sec.gov/investor/pubs/autosurf.htm

Saturday, February 18, 2006

Prepare to Unlock Reality

What is the "Unlock Reality" about?

Here is some information about the manuscript "Unlock Reality":

Point One:
Unlock Reality is a book in manuscript form that is just over 100 pages long.

Point Two:
It does not have an author listed though it is widely rumored that five main people are involved with its production. Two are reported to be monks of some sort, one a Meta physics professor working in a British University and two other gifted people with no specific qualifications.

Point Three:
Unlock Reality has been briefly descried as ‘one of the most unusual publications on the planet, with the potential to produce a shift in perception that could change the course of history and guarantee the survival of the human race. It explains the Construction of the Universe in simple terms that anyone can understand.

Point Four:
It is being prepared for world release by a group called I.S.D.T. and there is also a group trying to prevent it getting out who go by the name of The Brotherhood of the Eternal Light.

Point Five:
Those preparing it for world release have been affected
strangely, and been inspired to follow childhood dreams (please see the bookseller article). These include going to the Himalayas, taking up skydiving and starting websites.

Point Six:
All those concerned with proof reading and the production have had to sign confidentiality contracts. Which has resulted in there being no quotes appearing
anywhere.

Point Seven:
50 copies were released via Bookcrossing.com and it now has it's own email address unlockreality@care2.com

Point Eight:
Many people are involved in an international treasure hunt for the 50 copies. Including those on the Prepare to Unlock Reality care2 website who would like as much help as possible in finding copies, which they will auction of for charity.

If you have a copy they can have, their contact is unlockreality@care2.com

Point Nine:
There is a project to place copies permanently in key locations around the world, including the Grand Canyon, and Tower Bridge. (There is meant to be a copy being held by Tibetan Monks for safekeeping).

Point Ten:
There is quite a storm over whether or not Unlock Reality is real or not; ironic for something that has sparked much debate over the nature of reality.

Please join our group!!!

http://www.care2.com/c2c/group/unlockreality

Friday, February 17, 2006

ABC4 won't tell its audience I met with Jeff Johnson!

Interesting that ABC4 started this entire trip with Jeff Johnson under the guise of him getting answers. But last night, with Jeff Johnson nowhere in sight the entire story, they ended by saying they didn't get what THEY came for.

But what they also conveniently didn't say was that Jeff Johnson got his answers. But they will never say that because it doesn't fit into their manipulated and revisionist version of history.

I want to inform everyone that I spoke with Jeff Johnson in person yesterday evening at my office WITHOUT ABC4.

It was the first time he had been to my office and was never there with ABC4 as they made it appear on the the news report.

Mr. Johnson also never came to my old apartment.

I also learned from Mr. Johnson that in an interview with them yesterday he told them repeatedly about his negative opinion of StormPay but that the edited out all of the audio and only showed his picture. They had no interest in anything negative he had to say about StormPay. They were only interested in manipulating the broadcast.

Mr. Johnson also broke company with the newscrew yesterday when they set out on a quest to ignore my attorney as contact and hunt me down like a dog at places where they already knew I wouldn't be because I had told them so.

Mr. Johnson and I had a long conversation in my office and I answered every question he had to ask. I believe Mr. Johnson now has a very clear picture of the reality of this situation.

I understand now that Mr. Johnson has been trying all along to help us and to have the truth be told about us, but ABC4 continued to use and manipulate him in order to get sensationalistic footage that will get them ratings.

But now that Mr. Johnson spoke with me, they refuse to tell their audience. They'd rather show my house and talk to ancient neighbors instead of showing that I cared enough to sit down one on one with Jeff.

That's real responsible journalism.

Thursday, February 16, 2006

BBB Reliability Report - StormPay

Customer Service Contact

Mr. Steve Girsky is the complaint contact person for this company and should be contacted at (931) 647-8750 before filing a complaint with the BBB.


Customer Experience

BBB Interim Report


BBB Definition:

Report - A summary of activity reflected in a company's BBB file. Includes basic business background, BBB membership information, and Bureau complaint activity over the previous three years. Also reports may include any known government actions, advertising issues or other information that results from activity conducted by the BBB.
Dated February 16, 2006

From January 1 through February 16, 2006, the Better Business Bureau has received 812 complaints from consumer stating that the company has frozen their online accounts and will not make available the funds in those accounts. While the company has been notified of each complaint filed with BBB, it has not answered or resolved them.

On February 16, 2006, BBB discontinued processing complaints with the company due to the company's failure to respond to complaint volume.

Customers with complaints may continue to file them with BBB. BBB will forward all complaints to the appropriate regulatory authority.

This company first came to the attention of BBB by means of consumer inquiry in September 2002 and was operated by John R. McConnell, Jr. From September 2002 through May 2005, the company received 44 customer complaints concerning the company's failure to allow customers to withdraw available funds, poor customer service and failure to provide laptop computers per the company's computer matrix program. These complaints were closed by BBB as unanswered and unresolved.

On May 13, 2005, BBB received a telephone call from Steve Girksy indicating that he was the new CEO and customer contact. At that time, Steve Girsky requested all unanswered and unresolved complaints. Girsky provided the company's position on the previous complaints. 17 of the 44 complaints were closed as unresolved.

From May 2005 through December 2005, the company received 18 complaints concerning the company's failure to inform and follow up with its customers when it suspends accounts, failure to release funds in a timely manner and failure resolve complaints directly with its customers. The company had responded to these issues by providing an explanation, releasing funds or by making refunds.

John R. McConnell, Jr. is also identified in BBB files as the registered agent of NetIBA on which BBB maintains a separate file which is available at your request.

On August 7, 2003, the Tennessee Securities Division of the Department of Commerce & Insurance issued an "Order to Cease and Desist" (file number 03-020) with TymGlobal, Inc., StormPay, Inc. and John R. McConnell, Jr.

The order states that TymGlobal and StormPay are under common ownership and/or control. TymGlobal operates an internet website which is registered to StormPay. On the internet website, respondents are operating a pyramid and/or Ponzi scheme promising large returns on investments for participating in the scheme. The order further states that TymGlobal has not registered any securities offerings with the Division pursuant to Tennessee Securities Act of 1980. Nor has the company registered with the Division as a broker-dealer, agent of a broker-dealer or investment adviser. Also, the respondent StormPay has not registered any securities offerings with the Division nor has the company registered with the Division as a broker-dealer, agent of a broker-dealer, or investment adviser. John R. McConnell, Jr. has not registered with the Division as a broker-dealer, an agent of a broker-dealer or as an investment adviser.

Potential investors were given the opportunity to invest in both partnership shares as TymGlobal as well as to participate in various Ponzi schemes. Respondents promised a high return. The offering of participation in the schemes sold by the respondents is an investment contract and thus, a security under the act.

The Division ordered the respondents TymGlobal, StormPay and John R. McConnell, Jr to cease and desist the conduct of a broker-dealer in the state of Tennessee until such time as it effectively registers with the Division. The order did not intend to prohibit lawful conduct of the respondents.

For additional information concerning this order, please contact Daphne Smith, Assistant Commissioner for Securities, State of Tennessee, Department of Commerce and Insurance, Suite 680, 500 James Robertson Pky, Nashville, TN 37243.

http://data.middletennessee.bbb.org/commonreport.html?bid=2146166