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Auto-surf Scam 12 Daily Pro Under Federal Control

Posted on Mar 4, 2006 by Tom Fragala

ABC-TV Channel 4 reports:

12 Daily Pro investors may eventually get some of their money back, but it is going to take a while. For the first time, Charis Johnson [the head scammer at 12 Daily Pro] is talking to the media. She tells the Charlotte Observer that everything was legal as far as she knew, and she says she's now working with the government to "fix this."

But a judge in Los Angeles effectively took Johnson out of the business picture. Federal District Court Judge Nora Manella assigned Tom Lennon as receiver over 12 Daily Pro. Lennon, who's business is based in Southern California, is already in Charlotte, North Carolina. With the judges order now in hand, he can take control of all aspects of the internet venture and start tracking down the money. At this point, the largest chunk of investors money appears to be held by Storm Pay.

Storm Pay is the internet payment processor that froze the 12 Daily Pro account a month ago. Storm Pay has been vilified by many 12 Daily Pro faithful for stopping what they say had been a company that always paid its members on time. Ironically, it now appears the money Storm Pay froze estimated now at just under 50 million dollars -- may represent the best hope for those who have lost money.

Randall Lee, Regional Director for the Securities and Exchange Commission in Los Angeles advises investors to watch for updates on the www.sec.gov web site. He also says the receiver will probably eventually start posting updates on the 12 Daily Pro web site -- which is now under his control as well.

The Channel 4 web site also has a video about the story.

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