Frank Edward Calabro Jr., one of the
USI-Tech
Ponzi scheme’s top investors, is the subject of an ongoing investigation by North Carolina authorities.

In conjunction with a 
securities fraud cease and desist
issued on March 8th, authorities raided Calabro Jr.’s Guilford County home on March 9th.

According to a
March 8th search warrant
provided by the Facebook page “Scam Page.”, authorities searched Calabro Jr.’s property at 9:45am and seized various items of interest.

An attached “application for search warrant form” confirms the warrant was issued in connection with the North Carolina Securities Division fraud case.

The application also reveals the Securities Division began investigating Calabro Jr. following his involvement in the
My Advertising Pays
 Ponzi scheme

My Advertising Pays
collapsed
in late 2015.

The Securities Division’s investigation also tied Calabro Jr. to the Zeek Rewards and Traffic Monsoon Ponzi schemes.

This background information led the Securities Division to look into the current activities of Calabro.

It was found that Calabro was a prolific promoter of a new online investment program called USI Tech.

Calabro’s history is that he uses email, websites and social media to solicit potential investors into Internet investment programs.

On his website, Planet Millionaire, Calabro heavily promotes and sells USI Tech’s “BTC Package” investment program to the public.

Recently Calabro has stated in videos on the Internet that in the past four years he has brought in over 19,000 persons into these investment schemes.

He claims to have over 10,000 current members of his website Planet Millionaire.

Calabro recently told his internet followers that he had made $1.3 million in a recent, single month.

Whereas litigation pertaining to securities fraud is typically civil in nature, the Securities Division’s case ups the ante by hitting Calabro Jr. with felony charges.

Securities Division agents, working undercover, have collected evidence of Calabro Jr. promoting USI-Tech.

This includes Calabro Jr. stating

investors who purchase the BTC Packages will receive an average daily interest rate of 1%, Monday through Friday, for a term of 140 days.

Calabro has on several occasions sent emails to Securities Division undercover email accounts soliciting the recipient to watch promotional videos that directly link to the USI Tech website under the sponsorship of Calabro.

At no time during the undercover contact with Calabro did he provide information that the State of Texas had already determined that the BTC Packages were securities and that, as a result, USI Tech had been ordered to cease and desist in that state.

He provided no information about the assets, liabilities or other factors concerning the viability and liquidity of USI Tech and no particulars about the software processes that allegedly would provide returns to investors.

Calabro at no time mentioned to the undercover investigator that the BTC Packages were

🤖 Quick Answer

Who is Frank Calabro Jr. and why was he investigated?
Frank Edward Calabro Jr. was a prominent investor in the USI-Tech Ponzi scheme who faced investigation by North Carolina authorities. He was charged with felony counts related to securities fraud following his involvement in multiple fraudulent investment schemes, including My Advertising Pays.

What enforcement action was taken against Calabro Jr.?
On March 8th, North Carolina securities authorities issued a cease and desist order against Calabro Jr. The following day, law enforcement raided his Guilford County residence at 9:45am, seizing various items of evidence related to the securities fraud investigation.

Which fraudulent schemes was Calabro Jr. involved in?
Calabro Jr. was connected to at least two Ponzi schemes: USI-Tech, where he served as a top investor, and My Advertising Pays.

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