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Cash Gifter Stokes From “My Viral Cash Flow System” Headed For Jail
Posted on April 26th, 2009 No commentsFor years Mike has been using a so called Insurance Restoration Ponzi Scheme in Oklahoma to swindle monies from people who thought that Mike Stokes was an investor in these insurance companies.
Cash Gifter Mike Stokes Ponzi Scheme
But, he has trouble just finding prospects unless its from prior victims referring other victims. So he has used this Cash Gifting program “My Viral Cash Flow System” and “The Hidden Cash” to use as a playground of potential victims!
Take a look at an email that he sends out to potential clients for his fraudulent activities, PLEASE DO NOT COPY these as this is under investigation:? click here to view Mike Stokes Ponzi Scam, Broken Arrow Oklahoma
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Vulnerable To Deception Of A Ponzi
Posted on April 6th, 2009 No commentsPersons of any level of intelligence are vulnerable to deception by experienced con artists.
Confidence tricks exploit human weaknesses like greed, dishonesty, vanity, but also virtues like honesty, compassion, or a naïve expectation of good faith on the part of the con artist.
Just as there is no typical profile for swindlers, neither is there one for their victims. Virtually anyone can fall prey to fraudulent crimes. … Certainly victims of high-yield investment frauds may possess a level of greed which exceeds their caution as well as a willingness to believe what they want to believe. However, not all fraud victims are greedy, risk-taking, self-deceptive individuals looking to make a quick dollar. Nor are all fraud victims naive, uneducated, or elderly.
Confidence tricksters often rely on the greed and dishonesty of the mark, who may attempt to out-cheat the con artist, only to discover that he or she has been manipulated into losing from the very beginning. This is such a general principle in confidence tricks that there is a saying among con men that “you can’t cheat an honest man.”
Nevertheless, some tricks depend on the honesty of the victim. In a common scam, as part of an apparently legitimate transaction, the victim is sent a worthless check, which the victim then deposits. The victim is then urged to forward the apparent value of the check to the trickster as cash, possibly keeping a small portion of the money as a commission, which they may do before discovering the check bounces. Another fashionable scenario (as of 2006) has the victim recruited as a “financial agent” to collect “business debts.” Paper checks are not always involved: funds may be transferred electronically from another victim.
Sometimes con men rely on naive individuals who put their confidence into get-rich-quick schemes, such as “too good to be true” investments. It may take years for the wider community to discover that such investment schemes are bogus. By the time they are discovered, many people may have lost their life savings to something in which they have been persuaded to invest.
The confidence trickster often works with one or more accomplices called shills, who help manipulate the mark into accepting the con man’s plan. In a traditional confidence trick, the mark is led to believe that he will be able to win money or some other prize by doing some task. The accomplices may pretend to be random strangers who have benefited from successfully performing the task.
The discovery of these schemes was initiated by the recession / depression in that period which result in many of the Ponzi becoming unsustainable. In the words of Warren Buffett, “only when the tide goes out that you learn who’s been swimming naked”. The most high profile fraud of this period was that of Bernie Madoff, but other frauds and copycat spin-offs have been indicted or alleged and continue to flourish!
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Are You A Victim?
Posted on April 6th, 2009 22 commentsTHIS SITE IS SPONSORED BY VICTIMS!
UPDATES!
NEW!!! In Jail Again 7/30
Mike Stokes Escorted To Jail!!!
Crime Scene Websites:
Gifting Program Cash - MyViralCashFlowSystem.com
The Hidden Cash | Gifting Program - TheHiddenCash.com
Gifting Program How To Get Rich System - Cash Arrives Daily
Many times one might feel embarrassed to come forth and speak about some decisions we have made in our lives in?hopes of reaching that silver lining.? Please don’t be!? We’re all?in this together my friends, we can make him pay back all he owes or face the long - STRONG arm of the law!Please?be assured that your name will be masked with “anonymous-victim” your comments are for public display, not your name or identity. That is, unless you would like your name to be displayed!
Many people are coming forward with their statements regarding?how Mike Stokes?informed?them that?they could invest any amount of money even as little as $250 with a quick return. If you have been approached by Mike Stokes or any other of his aliases. Be sure to contact your state A.G.
Paperwork is currently pending in his case awaiting his decision to pay all his victims including his Webdesigner Ralph Castaneda.


