Charis Johnson: Difference between revisions
mNo edit summary |
remove POV |
||
| Line 1: | Line 1: | ||
{{current}} |
{{current}} |
||
'''Charis F. Johnson''' (born [[1973]]) was the founder and administrator of the |
'''Charis F. Johnson''' (born [[1973]]) was the founder and administrator of the [[investment]] [[autosurf]] 12DailyPro. Johnson founded LifeClicks, LLC (the company which owns 12DailyPro in her apartment home in [[Charlotte, North Carolina]], United States. |
||
12DailyPro was a version of what is commonly known as a "paid autosurf" program where "investors" deposited money and received an extremely high profit (44%) within a short period (12 days). Under the umbrella of her company, LifeClicks, and through the use of her experience in marketing and web development, Johnson created one of the largest modern day versions of the [[Ponzi scheme]]. Through the use of her website, she manipulated thousands of people to join and deposit money. In the later stages of the fraudulent scheme, she managed to retain investors' trust by repeatedly bouncing blame and failures on other companies, groups, and individuals, including [[Brigham Young University]] students and professors, [[StormPay]], [[ABC4]] News of [[Salt Lake City, Utah]], and even the government of the United States. She accumulated a total of over US$1.9 million from the program. More than 300,000 people joined over the course of 8 months, spending over $50 million. When the program collapsed many of these people lost large sums of money, although the earliest "investors" remained in profit. |
|||
On [[February 24]], |
On [[February 24]], 2006, the United States Securities and Exchange Commission ([[SEC]]) ordered 12DailyPro and its parent company to cease and desist all operations. On [[February 28]], a Los Angeles judge ordered all company assets and records to be turned over to an appointed receiver for investigation. Charis F. Johnson now faces criminal and civil suits from both local and federal agencies. |
||
==External links== |
==External links== |
||
*[http://www.sec.gov/litigation/litreleases/lr19579.htm U.S. Securities and Exchange Commission Litigation Release Feb 27th 2006] |
*[http://www.sec.gov/litigation/litreleases/lr19579.htm U.S. Securities and Exchange Commission Litigation Release Feb 27th 2006] |
||
*[http://charisjohnson.eponym.com/Charis Johnsons' blog, where she announces launching a new online money-making operation.] |
|||
[[Category:Living people|Johnson, Charis]] |
[[Category:Living people|Johnson, Charis]] |
||
[[Category:1973 births|Johnson, Charis]] |
[[Category:1973 births|Johnson, Charis]] |
||
Revision as of 17:36, 20 June 2006
 | This article documents a current event. Information may change rapidly as the event progresses, and initial news reports may be unreliable. The latest updates to this article may not reflect the most current information. |
Charis F. Johnson (born 1973) was the founder and administrator of the investment autosurf 12DailyPro. Johnson founded LifeClicks, LLC (the company which owns 12DailyPro in her apartment home in Charlotte, North Carolina, United States.
12DailyPro was a version of what is commonly known as a "paid autosurf" program where "investors" deposited money and received an extremely high profit (44%) within a short period (12 days). Under the umbrella of her company, LifeClicks, and through the use of her experience in marketing and web development, Johnson created one of the largest modern day versions of the Ponzi scheme. Through the use of her website, she manipulated thousands of people to join and deposit money. In the later stages of the fraudulent scheme, she managed to retain investors' trust by repeatedly bouncing blame and failures on other companies, groups, and individuals, including Brigham Young University students and professors, StormPay, ABC4 News of Salt Lake City, Utah, and even the government of the United States. She accumulated a total of over US$1.9 million from the program. More than 300,000 people joined over the course of 8 months, spending over $50 million. When the program collapsed many of these people lost large sums of money, although the earliest "investors" remained in profit.
On February 24, 2006, the United States Securities and Exchange Commission (SEC) ordered 12DailyPro and its parent company to cease and desist all operations. On February 28, a Los Angeles judge ordered all company assets and records to be turned over to an appointed receiver for investigation. Charis F. Johnson now faces criminal and civil suits from both local and federal agencies.