Does This Sound Familiar?

This story featured on NBC’s “Today Show” this morning.

Daughter turns mom in for Ponzi scheme

‘Something had to be done,’ about $50 million fraud, she said on TODAY

I was struck by how similar this tale is to the same stories received at MadeSmall by victims of TMII’s MadeBig scam.

Although the story on TV was about another, larger scam, the methods and the effects were exactly the same as those in the MadeBig story.

The daughter in the story did a lot of detective work and passed on recordings of conference calls to the US Securities and Exchange Commission, who later prosecuted the three ringleaders and put them into a federal prison. Although the mom and an aunt were investigated, the Federal authorities decided they were as much victims and declined to prosecute them. One would hope they took this let-off as a final warning not to get involved in such a scam again.

Similar recordings of the MadeBig scam exist and many are available on this website.

Perhaps this goes some way to explaining why Richi Roane and his ringleaders have largely gone underground. They would do well to remain that way, given the new climate of business regulation.

The story is also featured on NBC’s ‘Dateline’ tonight at 9 pm Eastern/Pacific, 8 Central
Dateline: “Too good to be true”

About Admin

This site was created to provide a permanent location for documents, videos and audio related to the pyramid scheme Madebig.com, run by Richi Roane's Transcend Marketing International, Inc. It allows the general public to hear Roane himself and his Presidential Leaders make promises they never intended to keep. With this knowledge, the general public will hopefully choose not to invest in Roane's pyramid schemes, whatever format they take as the Madebig.com site changes direction on average every 18 months.