SEC Halts “Paid Autosurf” Internet Ponzi Scheme that Raised Over $50 Million from 300,000 Investors Worldwide

FOR IMMEDIATE RELEASE
2006-26
Washington D.C., Feb.27, 2006 — The Securities and Exchange Commission today announced the filing of securities fraud charges against the operators of www.12dailypro.com, a “paid autosurf program” that in fact was a massive Ponzi scheme which raised more than $50 million from over 300,000 investors worldwide by offering a 44% return on investment in just 12 days. As a result of the SEC’s charges, the defendants, Charis Johnson, age 33, of Charlotte, N.C., and her companies, 12daily Pro and LifeClicks, LLC, ceased their solicitation of investors and agreed to a freeze of all their assets and the appointment of a receiver who will take control of the companies’ operations.

According to the Commission’s complaint, which was filed last week in federal district court in Los Angeles, Calif., www.12dailypro.com claimed to be a paid autosurf program — a form of online advertising program that purportedly generates advertising revenue by automatically rotating advertised websites into a viewer’s Internet browser. Advertisers purportedly pay “hosts,” which in turn pay their members to view the rotated websites. The Commission’s complaint alleges that 12daily Pro’s sale of membership units constituted the fraudulent and unregistered sale of securities under the federal securities laws. The Commission also today posted to its Web site an investor alert concerning autosurf programs. The alert can be viewed at www.sec.gov/investor/pubs/autosurf.htm.

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I believe that I have determined the primary cause of missing credit. Perhaps as much as 90% of missing credit is due to this problem.

The problem lies in IE’s default cookie setting, Medium. At this setting, IE blocks “third party cookies that do not have a compact privacy policy”. Third party cookies are cookies that are created or accessed by an image hosted on one server that is placed on a site hosted on another server.

Check out the cookie test (IE only) by the 4NoCash freebie network to figure out if your browser is properly configured to receive cookies often used to track your offer completion.

Read more.

AlienTrust’s forum is now up and running.

Good Morning,

As many of you have seen there have been major updates to the website and program. I’ll list them all for you here so that you can get an idea of the scope of what we’ve done in the last 24 hours.

1. Home page and Objectives page updates.

2. Recruit new benefits: earn .01 cent per site view for up to 20 sites and 1% referral commission on all Ad Buys purchased by your personally referred affiliates.

3. Ensign new benefits: double advertising credits issued for each Ad Share purchased, 2% referral commission on all Ad Buys purchased by your personally referred affiliates.

4. All members now earn appropriate referral commissions on Ad Buys purchased with earnings as well as new Buys from a payment processor.

5. The NSM ad server is now online at QuikTrackPro.com for advertising on the front pages of the site, (and the CP page in members area), not all pages are completed to be careful which ads you purchase. Current available pages are Homepage Ad of Week and Bottom banner, Objectives page, Members control panel page. We’ll get to the rest tomorrow. All funds collected for these ads will be placed in the StormPay Recovery fund. All payments will be accepted with PayPal only for right now, we’ll be working on integration for both E-Gold and Uniclear.

6. Fixed a small error when purchasing Ad Buys with earnings - fixed bad database fields.

7. Added welcome area to Control Panel page.
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LOS ANGELES (CN) – Charis Johnson, 33, of North Carolina, has raised more than $50 million from more than 300,000 investors an Internet Ponzi scheme, and has skimmed $1.9 million from it since the summer of 2005, the SEC claims in Federal Court. The agency claims that Johnson, of Charlotte, got the money through her Web-based businesses, LifeClicks and 12daily Pro.

CourthouseNews.com publishes a quick summary on the SEC’s investigation of 12DailyPro.

In addition, a cease and desist order has been issued to 12DailyPro by the Secretary of State of North Carolina and the Federal Securities and Exchange Commission. Read more about it here.

Looks like the beginning of the end of 12DailyPro’s lucrative career. Federal investigations are now underway, so the truth will be out soon. It is about time that we get the truth, instead of bouncing back and forth between Stormpay and 12Dailypro, not knowing who’s doing the lying and who’s telling the truth. I’ll keep you posted.

A new auto-surf has emerged from the fog and has impressed many eager, online money-makers, but now people have begun intense due diligence. Their page dedicated to due diligence (down at the moment) even reveals the address of their Los Angeles-based office. This site has several other online programs within its network, promising to bring in revenue to aid in paying their auto-surf.

Despite an amazing design, business model, and available due diligence information, questions are being raised about the legitmacy and survivability of this network. Similiarities between this site and the now-closed PaidResponse/PaidExposure network are great and cannot be overlooked. Read the posts on this page at HYIPDiscussion to see more.

For now I am continuing research on this program and not depositing, and I strongly encourage all my readers to investigate thoroughly before investing. I’ll keep you posted, stay safe out there.