FBI Scam Alert: Genesis Acquisitions International part of a $50M Ponzi


March 31, 2016 Facebook Twitter LinkedIn Google+ MLM & Affiliate Marketing News



Genesis Acquisitions International Scam Alert

Trust attorney charged in Genesis Acquisitions Ponzi case

Posted: 30 Mar 2016 12:57 AM PDT

Typically when we see regulators go after attorneys in Ponzi busts, it’s usually a civil fine and the usual “we don’t admit or deny anything” rubbish. Not so in the Genesis Acquisitions Ponzi bust, with the United States’ Attorney’s Office filing criminal charges against attorney Steven Scudder. Scudder has been federally charged with aiding or [Continue reading…] Source: Trust attorney charged in Genesis Acquisitions Ponzi case

I am very firm in my belief that this is the real deal and I get no sense whatsoever that any kind of scam is intended here. It is very seldom that we can find an opportunity as transparent and viable as the Genesis Acquisitions International, LLC. investment club.

This is a wholesale purchase which is quickly turned over in order to produce the return (20%) to the members in a relatively short time frame.

IMPORTANT NOTE REGARDING THE PONZI ISSUE

Those who are of the opinion that this might be another ponzi scheme should pay close attention to the next paragraph.

Upon completion of the first contract (PINEWOOD TCI 1) the members did not have the option of “rolling over” their funds.

Each and every member received their principal and interest to their bank account and this policy will remain in effect for all future contracts.

This demonstrates that Genesis Acquisitions International, LLC. is not a ponzi and that our funds are indeed placed into viable land sale transactions.

Read the full article and join in the discussion over at BehindMLM.

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