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Local TopicFrisco couple sentenced to 40 years for pyramid fraud scheme

Local TopicFrisco couple sentenced to 40 years for pyramid fraud scheme
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KiNg 1k+3.9 yrs OP 
~ 1 week, 6 days ago    
Frisco couple sentenced to 40 years for pyramid fraud scheme
 
You can't make this up, they called their operation "Blessing in no time."

www.fox4news.com/new s/texas-couple-sente nced-40-years-30-mil lion-pandemic-p
Jjj, Tamara and xAyeikax reacted
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xAyeikax 1k+3.7 yrs
~ 1 week, 6 days ago    
Had to google names to see photos of them. I wish all news articles would add images of the criminals. I hope the victims get their money back somehow.
Jjj reacted
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Jjj Site Admin 500+4.9 yrs
~ 1 week, 6 days ago    
@xAyeikax :
 
Here's the image...apparently they were "reality TV" stars a while back.
 
40 years is a long time to think about their decisions...
 
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TownHubAdmin Site Admin 4.4 yrs
~ 1 week, 6 days ago    
Frisco couple sentenced to 40 years for pyramid fraud scheme
 
You can't make this up, they called their operation "Blessing in no time."

www.fox4news.com/new s/texas-couple-sente nced-40-years-30-mil lion-pandemic-p
 
500 credits sent!
@Jjj tipped @KiNg 500 credits for a post in this forum discussion.
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funacct 1k+3.9 yrs App
~ 1 week, 6 days ago    
@KiNg: is it sad that I thought pyramid schemes did not exist anymore? I thought that was a 1980-1990 thing.
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KiNg 1k+3.9 yrs OP 
~ 1 week, 6 days ago    
Had to google names to see photos of them. I wish all news articles would add images of the criminals. I hope the victims get their money back somehow. #msg1948306
 
@xAyeikax : While the sentence was only recently handed down but there was a $10.76M judgement against them in 2023.
 
Some news reported it was a $25M fraud some said $30M. Supposedly members signed up and paid $1,400 to be "Blessed In No Time" and there were ~8,000 victims so that made about $11.2M.
 
The Office of Attorney General (OAG) asked for a $10.76M judgement but the defendants are only required to pay up to $2.5M or a min. of $450,000.
 
I think some of the early members got paid when they recruited new members. The $10.76M judgement was probably to pay other members. Not sure if they OAG was able to recover the money.
 
www.texasattorneygen eral.gov/news/releas es/texas-oag-secures -1076-million-j
Jjj reacted
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KiNg 1k+3.9 yrs OP 
~ 1 week, 6 days ago    
@TownHubAdmin @Jjj :
 
@Jjj thanks for the credit boost. You will be "Blessed in No Time."
Jjj reacted
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