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| Market Authority Inc - Jason Cox Wealth Insider Alliance, Sam Johnson, Ian Cooper, James DiGeorgia, Charles Mizrahi, Mark Messier, Adrian Manz, Andy |
| 7th of Mar, 2013 by User427041 |
if the US government watched out for the ordinary Joe, Jason Cox would have been put behind bars long ago. He started out peddling worthless trading systems online with promises like "Turn $1,000 into $3.6M in six months" as Wealth Insider Alliance, some of his gems were: Speed Retirement, Swing Trading Millionaire, Gold & Energy Options Trader, Buyout Trader, Daily Income Trader, Part Time Gold Trader and Macro Millionaire. Google any of them and you will find plenty of unhappy customers. He has used a list of aliases including: Sam Johnson, Ian Cooper, James DiGeorgia, Charles Mizrahi, Mark Messier, Adrian Manz, Andy Man, Mike Ser, John Thomas and Geoff Garbacz. Already the subject of a long running FTC investigation, he found himself unable to continue pushing this trash after the credit card merchants refused to take payments for him due to the amount of complaints and chargebacks his victims generated. After a short spell with Paypal, who soon dumped him, he came up with his most audacious scheme to date: Passive Income Engine. This is the classic “pump and dump” scam with a twist – he also charges his victims to take their money! Mr. Cox gets paid by the pumpers to fill your inbox with spam but also charges these people to receive his junk email! How’s that for burning the candle at both ends? Like all penny stock scams it relies on a line of naïve and gullible people being taken in by the hype and B.S. who pay more for the stock than the sucker before them. Eventually the stock crashes and everyone (apart from the pumpers) gets fleeced. Example - another email received from him only yesterday: On 1/10/2013 Market Authority informed you of a huge IR campaign starting for the company ECAU when it was selling at 80 cents. We knew this because we were paid $25,000 to send out the advertisement and we accepted it because we had studied the company and felt like it would be a great trading opportunity. The stock reached a peak of 3.61 in 13 trading days and we told our members to take a fast profit on this stock. Depending on how long you held to it you could have potentially made a return of 350%. We've been paid $25,000 again by another very large IR firm and they are using direct mail and email to bring awareness to this stock as well. Stay Tuned for the Ticker Monday morning!
Americans deserve better. We should be protected from this kind blatant fraud. It is time to make a stand. If you have been ripped off by Jason Cox contact the FTC in Washington and write your congressman.
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