Personal Finance

So iNetGlobal was raided by the FBI

  • Last Updated:
  • Feb 27th, 2010 12:05 pm
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Apr 30, 2009
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So iNetGlobal was raided by the FBI

And they just had a meeting in Toronto last week-end. ... _Yyc:aUUsA
Federal agents on Tuesday raided a Renner-owned business in downtown Minneapolis -- Inter-Mark Corp. -- looking for evidence of an alleged fraud that sources say may have attracted tens of thousands of customers worldwide, including in Canada, China and Russia.

As agents wheeled out carts carrying files and computers from two office suites housing Renner's business, officials said they are investigating a suspected Ponzi scheme run via the Internet.[/QUOTE]

[QUOTE]In all, the alleged fraud could involve as much as $1.2 billion -- based on iNetGlobal members paying $2,000 each to join the "club."[/QUOTE]