Dear Linda and Peter,
I have one more thing to say, especially to Peter's proposition that any who partook may be prosecuted.
I did due diligence on the company, and everything looked solid. It was stated right on their main page (the old one) that 12DP had off-line investments and multiple income streams, not just relying on new members to pay the old.
I even found an independent site, sorry--I really need to use my "bookmarks" more--a watchdog site that reviewed sites like these, and it said it was extremely surprised to find everything in order, the site solid, and that they did, indeed, have off-line investments. From the way other sites were evaluated, I think they were sincere in their findings, and again, I wish I could give you a url--if I can find it again later today, I'll come back and post it.
Peter, I don't see how the government can come after the members of 12DP when they were apparently blatantly mislead.
I'm not saying they may not try, but I seriously doubt it. It is my personal belief that this is the first in a "sweep" of such companies in an effort to protect the unwary, and that individuals, other than the owners of such companies, will probably not be the victims here.
I have 2 SEC reports, press releases from the SEC dated Monday, posted in my blog, and 2 forum threads going on this. There were many people struggling, myself included, who I think were blatantly lied to. Especially since the second report alleges that Charis Johnson funnelled 1.9 million dollars into her own personal bank account since mid 2005.
And I have to say, if the allegations are true, hats off to Miss Johnson for being able to "hoodwink" over 300,000 members, some of whom I know to be highly intelligent and very good detectives who found nothing wrong with her program.
Now THAT takes talent.
And Linda, thank you for your kind words. I was really depressed yesterday, not for myself, but for all who really needed this pipe-dream to be true and have been horribly disappointed.
I do try to learn from my mistakes, and then try to pass on that knowledge. Hopefully, I can help others to avoid them.
Sincerely,
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