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.