SEC shuts down 12 Daily Pro, charges owner

http//networks.org/?src=reuters2006-02-28T003734Z_01_N27406828_RTRUKOC_0_US-12DAILYPROCOM-SEC

Archon sent me the link on AIM not too long ago, thought some of you might be interested. I find it hilarious that up until a few days before this happened, I was anti-12DP for so long, then was finally just like "meh lemme throw $100 in and see what happens" and BAM just like that. Sucks that I spent a few hours setting up a 12DP section on FON.net, too (

LOL! im so glad i didn't invest in this.

does this mean that stormpay will be paying back people?

[quoted13d8351b4="news artical"]"That's where the money is to get folks repaid," Tin said, adding that "they (StormPay.com) are definitely going to be giving it to the receiver."

Follow the money[/quoted13d8351b4]

[quote0b75bb1697="PokerNerdAA"]does this mean that stormpay will be paying back people?

[quote0b75bb1697="news artical"]"That's where the money is to get folks repaid," Tin said, adding that "they (StormPay.com) are definitely going to be giving it to the receiver."

Follow the money[/quote0b75bb1697][/quote0b75bb1697]

OH SHITTTTT

what ever happend with DUDELOVESFINCH, he scam everyone and get away scott free??

[quote756d84cb38="kdollar"]what ever happend with DUDELOVESFINCH, he scam everyone and get away scott free??[/quote756d84cb38]

I think he's in jail........

LOL I love this. I can't believe people argued it wasn't a ponzi scam...

[quote7896b241b3="Wolfeman"]LOL I love this. I can't believe people argued it wasn't a ponzi scam...[/quote7896b241b3]

Oh I knew it was...but I kept seeing Archon pulling $ out so I figured $100 was a safe bet. I guess next time I'll just have to get in (and get out) faster )

I just try stay away from scams -P

[quotede6b1a7988="Wolfeman"]LOL I love this. I can't believe people argued it wasn't a ponzi scam...[/quotede6b1a7988]
All autosurfs are. Just people like to think that they aren't.

[quotee19c89e588="Sweeney2066"][quotee19c89e588="Wolfeman"]LOL I love this. I can't believe people argued it wasn't a ponzi scam...[/quotee19c89e588]
All autosurfs are. Just people like to think that they aren't.[/quotee19c89e588]

not ST... it' totally legit roll or at least it's a scam with longevity

[quotec5b754f506="slease"][quotec5b754f506="Sweeney2066"][quotec5b754f506="Wolfeman"]LOL I love this. I can't believe people argued it wasn't a ponzi scam...[/quotec5b754f506]
All autosurfs are. Just people like to think that they aren't.[/quotec5b754f506]

not ST... it' totally legit roll or at least it's a scam with longevity[/quotec5b754f506]

I'm quite ticked off with ST at the moment ?

St is kida like 12 daily but they have expanded to a ton of new programs so they have more than one stream of income. from to payment proccesor alone they bank a ton of money.

currently they are not making as much as they need so they are doing things to increase flow of cash. like give almost instant payments from referal commison who upgrade with cash. paying people in profit over 6 months. these are good ideas to keep the program running. im in profit i dont care that i have to wait 6 months to get paid im in no rush for the money. i prefer this over the fact of them shutting down and leaving forever.

Ive made about 3,000$ from a 0$ deposit out of pocket. Yay for referal commision

If your stillll in ST you have really done bad. Unless its just old upgrades. Which is why I wish we had an Autosurf forum to discuss said things so I wouldn't have to go elsewher (. Oh well.

[quote36bb903f83="Sweeney2066"]If your stillll in ST you have really down bad. [/quote36bb903f83]

uhm.... what

[quote7d13f8712d="slease"][quote7d13f8712d="Sweeney2066"]If your stillll in ST you have really down bad. [/quote7d13f8712d]

uhm.... what[/quote7d13f8712d]
I meant done.

[quotecf3c0af65b="Sweeney2066"][quotecf3c0af65b="slease"][quotecf3c0af65b="Sweeney2066"]If your stillll in ST you have really down bad. [/quotecf3c0af65b]

uhm.... what[/quotecf3c0af65b]
I meant done.[/quotecf3c0af65b]

Oh, you mean if you still aren't in profit on studiotraffic? eh, some people don't like to surf as much as others. I put in 50 back in may or june and my account is at 320. it's not great but it's something. i plan on taking my 50 out of my 80 earnings this month.

Well I meant if you upgraded recently. But then I thought about it and remebered how ST was a slow autosurf so people that are still in it could have invested 9 months ago.

[quote11fc93a7fc="Sweeney2066"]If your stillll in ST you have really done bad. Unless its just old upgrades. Which is why I wish we had an Autosurf forum to discuss said things so I wouldn't have to go elsewher (. Oh well.[/quote11fc93a7fc]

No. Not now, not ever. "AutoSurf" / "HYIP" programs are ILLEGAL and wrong.

[quote9e9260a2eb="Admin"][quote9e9260a2eb="Sweeney2066"]If your stillll in ST you have really done bad. Unless its just old upgrades. Which is why I wish we had an Autosurf forum to discuss said things so I wouldn't have to go elsewher (. Oh well.[/quote9e9260a2eb]

No. Not now, not ever. "AutoSurf" / "HYIP" programs are ILLEGAL and wrong.[/quote9e9260a2eb]
I agree. All these people that were like oh well I made my money are not very cool because that money was stolen from some poor guy that didn't get in early enough...

[quotebdac592fcc="Admin"][quotebdac592fcc="Sweeney2066"]If your stillll in ST you have really done bad. Unless its just old upgrades. Which is why I wish we had an Autosurf forum to discuss said things so I wouldn't have to go elsewher (. Oh well.[/quotebdac592fcc]

No. Not now, not ever. "AutoSurf" / "HYIP" programs are ILLEGAL and wrong.[/quotebdac592fcc]

I know I know (

[quote202558558c="StudioTraffic"]From March 1st we are introducing a new payout system. Your withdrawal button will be enabled for a 10 day period only and you should request your withdrawal during this timeframe. If your account was originally opened on the 5th of the month then your withdrawal facility will be enabled on the 5th for 10 days, if you opened your account on the 20th then you can withdraw from the 20th for 10 days and so on. We have put a permanent payouts team in place and payouts will be processed all month round, not rushed into the first week as happened previously. In this way we expect to provide a better service to you in the payouts area and also in the general member support areas of email and live help. [/quote202558558c]

At least StudioTraffic seems to be making legitimate efforts to stay alive....

I have an account level of $1000 w/ $0 invested, and a current account balance of $1733.80 (can't withdraw that until the pending $484 withdrawal is processed)

2005-12-01 $484 StudioPay In Process -- -- --
2005-10-02 $538 StudioPay Paid -- -- --
2005-09-04 $210 StudioPay Paid -- -- --


Note that the $484 has been "In Process" since December 12, 2005 (

http//www.stormpay.com/SEC_v_Johnson_etal.pdf[]http//www.stormpay.com/SEC_v_Johnson_etal.pdf