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Friday 25 August 2017

Tony and Lynne Booth - Update on Small Claims Court Case

The Claimant has received a reply from Tony and Lynne Booth's Solicitor in answer to a document they were sent which outlined the Claimants case.
Tony and Lynne were asked to prove that My Advertising Pays was a legitimate UK business, given that MAP have publicly stated that they employ a number of people in the UK and were therefore subject to UK Employment/Tax/VAT laws.
Not one of the questions asked were answered.
Tony and Lynne have instead quoted the Terms and Conditions that all members signed up to when joining My Advertising Pays and claim they are just ordinary members as well.

'WE (My Advertising Pays) WILL NOT BE LIABLE FOR INDIRECT, SPECIAL, INCIDENTAL, OR CONSEQUENTIAL DAMAGES, OR ANY LOSS OF REVENUE, PROFITS, OR DATA, ARISING IN CONNECTION WITH THIS AGREEMENT OR THE AFFILIATE PROGRAM, EVEN IF WE HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, FURTHER, OUR AGGREGATE LIABILITY ARISING WITH RESPECT TO THIS AGREEMENT AND THE AFFILIATE PROGRAM WILL NOT EXCEED THE TOTAL COMMISSIONS PAID OR PAYABLE TO YOU UNDER THIS AGREEMENT DURING THE 3 MONTH PERIOD IMMEDIATELY PRECEDING THE EVENT GIVING RISE TO SUCH LIABILITY.'

The Small Claims Court in the UK is specifically for ordinary members of the public to state their case in front of a Judge, without the need for a Solicitor or legal jargon.
The Claimant/Defendant need only present all the evidence they have (videos, social media posts etc) to the Judge for a (quick) decision to be made and a CCJ to be issued.

The Solicitors letter states that the Claimant has no prospect of success in this case.
We beg to differ. 



Friday 11 August 2017

Tony and Lynne Booth - Defending My Advertising Pays In a Court of Law



On July 25th 2017, a small claims case was filed against Tony and Lynne Booth for the return of over £4000 paid to My Advertising Pays.

Tony and Lynne had 14 days (13th August 2017) in which to respond.


This response was received today:

Dear Miss ********
Booth - Litigation Matter Against *******
We act for Mr & Mrs Booth in respect of the claim you have brought against them.
We enclose acknowledgement of service that has been registered online.
It is our clients instructions that we are to defend the whole of the claim not least because any agreement you had was with a limited company and not our clients.


Yours sincerely,
Haworth & Lees Solicitors Limited'

So it looks like Tony and Lynne will be appearing in a Court room and will have to defend My Advertising Pays. All the evidence against them can be presented in a Court of Law and we can see what the Judge decides.

The lady bringing this case is keen for as many people as possible to show up and support her.
I will certainly let you know the Court date nearer the time so you can do just that.


UPDATE:

The post below was published on our My Advertising Pays Scam Facebook page but has just been removed for not following Facebooks Community Standards.


Tuesday 8 August 2017

Securities and Exchange Commission - Actively Seeking Ponzi Scams

An interesting report has been released today from the SEC regarding its investigation of Investments and Securities. 
Within the post below is a reference to 'unregistered offerings', which is why the Ponzi scams we expose regard the 'I' word with such horror and will do anything to avoid using it. 
Charles Scoville from Traffic Monsoon is currently going through the US Courts and has been charged with these offences:


FIRST CAUSE OF ACTION
EMPLOYMENT OF A DEVICE, SCHEME OR ARTIFICE TO DEFRAUD
Violation of Section 17(a)(1) of the Securities Act [15 U.S.C. § 77q(a)(1)] 

SECOND CAUSE OF ACTION
FRAUD IN THE OFFER OR SALE OF SECURITIES
Violation of Section 17(a)(3) of the Securities Act [15 U.S.C. § 77q(a)(3)] 

THIRD CAUSE OF ACTION
FRAUD IN CONNECTION WITH THE PURCHASE OR SALE OF SECURITIES
Violation of Section 10(b) of the Securities Act [15 U.S.C. § 78j(b)] and Rule 10b-5(a) and
(c) thereunder [17 U.F.R. § 240.10b-5(a) and (c)] 

FOURTH CAUSE OF ACTION
OFFER AND SALE OF UNREGISTERED SECURITIES
Violation of Sections 5(a) and (c) of the Securities Act [15 U.S.C. § 77e(a) and (c)]

Lets hope many more follow.


This video was released with the press statement:


SEC Staff Publishes Report on Access to Capital and Market Liquidity
08/08/2017 04:30 PM EDT

The SEC Division of Economic and Risk Analysis (DERA) today published a report describing trends in primary securities issuance and secondary market liquidity, and assessing how those trends relate to post-crisis regulatory reforms. The report was requested by Congress as part of the FY2016 appropriations process.

The report includes a survey and analysis of recent academic literature, as well as original analyses drawn from publicly available databases and non-public regulatory filings. The report examines the issuance of debt, equity, and asset-backed securities, as well as activity and liquidity in U.S. Treasuries, corporate bonds, single-name credit default swaps, and bond funds. Specifically, the report identifies trends for unregistered offerings, such as those under Regulation D and Regulation Crowdfunding, as well as fixed income transactions, fixed income quotations, and broker-dealer financial positions.

"The health of our primary and secondary markets is critical, and it is important for the SEC, as a key regulator of these markets, to engage in data-driven analysis of market trends and the range of issues that may be influencing those trends. This report both provides a current view of these topics, based on available data, as well as highlighting areas where future analysis could be warranted," said DERA Acting Director Scott Bauguess.

For more information about the study, and its findings, analyses and conclusions, follow DERA on Twitter, @SEC_DERA.