Tuesday, September 19, 2006

Accountant reveal number for 12 daily pro

12 daily pro is once again in the news. 12 daily pro has been under invegisations since February but there hasn't been alot of numbers on it lately until last week.

In his first report to the court, Lennon says gross investments in 12DailyPro were over a half billion dollars. Unfortunately, there is only a fraction of that money left in 12DailyPro accounts to refund to the vast majority of investors who lost money when the pyramid scheme fell apart last February. Lennon says theres about $5,000,000 left in an account frozen by 12DailyPros payment service StormPay. And he tells the judge he has $6,106,038.55 in accounts under his control.


If you were a victim of this ponzi scheme please contact the National Fraud Information Center at 1-800-876-7060 (also on the Web at www.fraud.org) or to complain to the Internet Crime Complaint Center at www.ic3.gov.

For information on what the accountant has found out check out ABC4 in Salt Lake City which has done a great job in keeping the public up to date.

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