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12DailyPro: If You Were A Big Winner, The Feds May Come Calling
Over 450,000 people answered the Get Rick Quick call and became "investors" in 12Daily Pro, bringing the total of gross investments in 12DailyPro to half a billion dollars.
When this ponzi scheme went belly up, the ten biggest losers lost a total of $218,115, with the largest loss of $49,901. Contrast that with the $512,621 in gains enjoyed by one investor.
"The Receiver believes that certain investors were aware of the fact that 12DP was a Ponzi scheme and invested ... more »
12 Daily Pro Scam?
Today I was listening to The Clark Howard Show in the car and a guy called in asking about 12 Daily Pro and wondering if it was a scam.
Clark came right out and said it was an illegal pyramid. First time I’ve heard him actually use that term when referring to a company. Basically, he said that if the best interest rate out there is around 5%, why would these people pay 12% every 12 days. Since I... more »
Debbi
Bressler
Home Business Consultant
Coach/Speaker/Trainer/Author
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