12DailyPro update: Investor Web Portal currently closed
May 5, 2008
The Court-appointed receiver for the 12DailyPro (12DP) autosurf investment scam recently announced that the Investor Web Portal, the website where 12DP victims can file and monitor their refund claims, has been shut down for security reasons. Investors, however, can still contact the receiver, Thomas F. Lennon, using email or telephone.
Here’s a copy of the letter sent to investors currently waiting for their 12DP refunds.
More phishing emails from fake PayPal and eBay
April 30, 2008
Here are some more examples of phishing emails, this time supposedly sent by PayPal and eBay.
It is our hope that our series on Phishing Emails will help you easily identify a fake email from the real one. So next time you see a phishing email, just hit the “Spam” or “Report Phishing Message” on your inbox.
Phishing email from fake UNICEF
April 28, 2008
We hope that our series on Phishing Emails have helped you identify fake emails and prevented you from becoming one of their victims.
You probably know by now that phishing emails, also known as fake or spoof emails, are used to direct recipients to a fraudulent website where they are asked to provide personal information. This information is then used for identity theft.
Below you’ll find another addition to our growing list of actual phishing emails we have recently received.
12DailyPro update: StormPay to settle $11.7 million
April 5, 2008
Thomas Lennon, Court-appointed Receiver for the 12DailyPro (12DP) autosurf investment program, recently announced that the 12DP receivership estate will receive as much as $11,750,000 from the online payment processor StormPay.
This is in accordance with the Settlement Agreement signed by both parties which also provides that StormPay’s claims against 12DP in excess of $16 million will be waived.
Lennon believes the Settlement Agreement is a better option that pursuing a case against StormPay because it can further delay the distributions of funds back to investors and litigation costs alone could exceed $750,000.
Investor refund coming soon
The $11.7 million funds from the settlement will be added to the more than $5 million funds currently held by the estate. After receivership fees and expenses have been deducted, the remaining balance will be distributed pro-rata to investors who lost in the 12DP program.
Read the article How to file a 12DailyPro refund claim to know if you are eligible for a refund.
