another scam artist/ponzi player

This is a discussion on another scam artist/ponzi player within the Money Frauds and Scams forum, part of the OTHER TOPICS OF INTEREST category; Ken russo is a hugh conman and neds to be reported to the autorities...

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Old Nov 2nd, 2008, 03:11 PM   #1
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Default another scam artist/ponzi player

Ken russo is a hugh conman and neds to be reported to the autorities
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Old Nov 3rd, 2008, 10:01 AM   #2
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Default Re: another scam artist/ponzi player

You should do so if you have some evidence!!
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Old Nov 7th, 2008, 10:08 PM   #3
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Default Re: another scam artist/ponzi player

Who is he and what did he do?

I don't mean to slap your face here, but if you want to accomplish something you need to realize that the process of listing an identity associated with suggested criminal activity or unprofessional conduct should also be backed up with some details and evidence.

With that said, could you include some specific information?
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Old Nov 8th, 2008, 09:19 PM   #4
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Default Re: another scam artist/ponzi player

ken russo has ben a major ponzi player for years and he is now pushing megalido also.

he has ben seen in the rpp section of forums teling peple that they are scams but then he goes and pushed megalido. now that is what i cal a scum bag!
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Old Nov 10th, 2008, 03:44 AM   #5
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Default Re: another scam artist/ponzi player

I did complete some basic research on the Ken Russo name, matched with a few ' ponzi ' related tags in the search engines.

I even uncovered an interesting tidbit which appears to have been recently written.

Quote:
Originally Posted by http://brokerjones.wordpress.com/2008/11/02/as-predicted-v-lane-global-marketing-solutions-continues-to-modify-its-roi-ken-russo-continues-his-tantrumsand-tries-to-dodge-the-bullet-on-his-big-promotion-of-the-world-wide-loan-club/
On another front, Ken Russo the Con Artist’s BIG PROGRAM called the World Wide Loan Club closed it’s doors and ….RAN WITH THE MONEY…./gasp. For those of you that know me…..I got into a HUGE argument with Ken when he first began promoting his “Loan Club” and I let him know that it was 100% illegal. He bashed me all over the forums even claiming that I don’t make posts unless they are “self serving”. The bottom line is that I lead my teams into PROFIT, I work very hard to support them, and I teach REAL marketing skills that work. Whereas a quick GOOGLE of Ken Russo will show you what the world thinks of him. He is just another scammer who has convinced unfortunately hundreds of people to follow him from one scam to the next. Coincidentally he is also the number one promoter currently of V Lane (Global Marketing Solutions)…..coincidence? I think not. Kens’ big partner in WWLC was none other than Jake Amedee. (I’m hoping you are all seeing the web of Scam and Deceipt that these characters are developing.
Is this the same Ken Russo you are referring to?
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Old Nov 11th, 2008, 03:53 PM   #6
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Angry Re: another scam artist/ponzi player

Hi Banker:

Yes, this is the same Ken Russo.

He claims to be a big leader, helping people earn money online but all he does is drag people from one ponzi to another.

He came to the party late with the Big ASD scam, then moved on to WorldWideLoan club, claiming it was the REAL Deal before it collapsed as all ponzis do.

He's now off promoting Megalido, a nearly EXACT replica of the 12Daily Pro program that was shut down by the SEC and is now in receivership. the only difference is that the owners of Megalido claim they are "offshore" and therefore out of the reach of the SEC.

Beep, wrong answer.

Regardless, the math is of a ponzi and Ken Russo is making money from the losses of the gullible.

Hopefully the widening criminal investigations and prosecutions from ASD will include him and his henchmen.

I'm Just Tired of Watching People Get Scammed and encourage all victims to:

Track the Scammers!

Quote:
Originally Posted by Banker View Post
I did complete some basic research on the Ken Russo name, matched with a few ' ponzi ' related tags in the search engines.

I even uncovered an interesting tidbit which appears to have been recently written.



Is this the same Ken Russo you are referring to?
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Old Nov 23rd, 2008, 08:05 AM   #7
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Default Re: another scam artist/ponzi player

How many people have been scammed and how much money stolen because some "trusted source" gave it the thumbs up? Have any of you ever thought how easy it is for someone like Ken Russo or Jake or Kent Black to be ASSURED they'll make money whether you do or not? Say Jake announces a new program is coming, a feeding frenzy starts (anyone remember Oceanside Wealth and that whole fiasco?) to get a good place in the matrix and since the scammers make an effort to get the Ken Russos of the world to bring a big downline with them they let them have a preferential place. So bigtime promoter X sets up a referral link, drops as little as $10 of there own money and make a few grand on ref bonus, then since they know anything they bring their numbers to is bound to last a few cycles, they let it ride for a month or so and bail, they can make big money doing this. I have a file of some of these guys who make over $50,000 in a new program, with less than $100 of their own money at risk. No surprise that the people they brought in with them overwhelmingly lose their money, but what do they care?
These guys are the enablers of the industry, and it's sad to see so many people losing money to scams and them being the only consistent winners. And not because they have any special skill or insight, but because they have the ability to create the next big thing and know enough of the truth to get out of the next big scam before most people involved know it's over. There are things happening that I sincerely hope will result in reforms to how the government treats the big promoters, just suing people like Shad Foss and Troy Winters didn't seem to work so maybe putting a few of the "names" in the industry in prison will do some good.
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Old Nov 24th, 2008, 03:21 PM   #8
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Default Re: another scam artist/ponzi player

Quote:
Originally Posted by Unregistered View Post
How many people have been scammed and how much money stolen because some "trusted source" gave it the thumbs up? Have any of you ever thought how easy it is for someone like Ken Russo or Jake or Kent Black to be ASSURED they'll make money whether you do or not? Say Jake announces a new program is coming, a feeding frenzy starts (anyone remember Oceanside Wealth and that whole fiasco?) to get a good place in the matrix and since the scammers make an effort to get the Ken Russos of the world to bring a big downline with them they let them have a preferential place. So bigtime promoter X sets up a referral link, drops as little as $10 of there own money and make a few grand on ref bonus, then since they know anything they bring their numbers to is bound to last a few cycles, they let it ride for a month or so and bail, they can make big money doing this. I have a file of some of these guys who make over $50,000 in a new program, with less than $100 of their own money at risk. No surprise that the people they brought in with them overwhelmingly lose their money, but what do they care?
These guys are the enablers of the industry, and it's sad to see so many people losing money to scams and them being the only consistent winners. And not because they have any special skill or insight, but because they have the ability to create the next big thing and know enough of the truth to get out of the next big scam before most people involved know it's over. There are things happening that I sincerely hope will result in reforms to how the government treats the big promoters, just suing people like Shad Foss and Troy Winters didn't seem to work so maybe putting a few of the "names" in the industry in prison will do some good.
Oh I remember Jake and Tristar Group. Probably served as Krimm's right hand.

What did he do concerning the Oceanside Wealth?

Whatever information you have, make sure you keep it safely tucked away in case it ever needs to be resurfaced and brought to a community's attention.
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Old Nov 27th, 2008, 12:25 AM   #9
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Default Re: another scam artist/ponzi player

Google "ken russo scam" for his life story.
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Old Nov 30th, 2008, 01:39 PM   #10
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Default Re: another scam artist/ponzi player

Quote:
Originally Posted by Unregistered View Post
How many people have been scammed and how much money stolen because some "trusted source" gave it the thumbs up? Have any of you ever thought how easy it is for someone like Ken Russo or Jake or Kent Black to be ASSURED they'll make money whether you do or not? Say Jake announces a new program is coming, a feeding frenzy starts (anyone remember Oceanside Wealth and that whole fiasco?) to get a good place in the matrix and since the scammers make an effort to get the Ken Russos of the world to bring a big downline with them they let them have a preferential place. So bigtime promoter X sets up a referral link, drops as little as $10 of there own money and make a few grand on ref bonus, then since they know anything they bring their numbers to is bound to last a few cycles, they let it ride for a month or so and bail, they can make big money doing this. I have a file of some of these guys who make over $50,000 in a new program, with less than $100 of their own money at risk. No surprise that the people they brought in with them overwhelmingly lose their money, but what do they care?
These guys are the enablers of the industry, and it's sad to see so many people losing money to scams and them being the only consistent winners. And not because they have any special skill or insight, but because they have the ability to create the next big thing and know enough of the truth to get out of the next big scam before most people involved know it's over. There are things happening that I sincerely hope will result in reforms to how the government treats the big promoters, just suing people like Shad Foss and Troy Winters didn't seem to work so maybe putting a few of the "names" in the industry in prison will do some good.
If you're going to cut and paste my articles, please post a link back to them so people can read the whole article. And it's terribly rude to quote someone with attributing the quote, especially when your entire post is something I wrote
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