could anyone give me any inputs on legisi or greg mcknight?

[klintph]

could anyone give me any inputs on legisicom or greg mcknight?

[5blade]

I've found NO viable evidence to suggest LEGISI is other than what Mr. McKnight and all the web sites documentation says it is. I've found a few (VERY few) people "claiming" LEGISI is not to be trusted however, NONE of these are any more than rants with no proof. I would suggest you keep in mind the investors rule "never invest more than you're willing to lose". Also, know that unlike the stock market, Mr. McKnight will NOT get you to buy or sell a stock just so he can make a commission of quota for that month. Also, keep in mind the tax issues. I'm still attempting to see whether or not this is attached to any terrorist organization. So far, it looks VERY, VERY GOOD and I'm in. I'll be gettin involved in Feb 07 unless I find somthing to stop me. I'll post again to update you.

[megdusty]

I should be noted that Greg McKnight.President of Legisi Holdings, LLC lives in Michigan and while he has registered his company with Michigan address he does not have a business license in Michigan. He does state that his LLC is from the West Indies. Also, if you search through the sight that talk about Legisi they tend to all be drawn together buy the reward of referrals. MASSIVE self promotion.

To save you some work here is another site owned by McKnight E-GOLDXCHANGERS.COM
Also hbnutras.com

Steve Brown owns LEGISIFUNDS.COM, LEGISIBLOG.COM There are a number of sites that link to legisi.com but all of them are their own fluff.

[borisf96]

Anybody who starts HYIP is a scam artist. If you believe otherwise, you do not know anything about economics, finance and mathematics.

They really have to do something about high school curriculum with regard to financial education. Too many people believe in money fairy.

[normanleonard]

That is why they sell HYIP scripts for 100.00 Anyone can set one up to steal people's money.

[mitchell172]

Hello,

In regard to Legisi, I've been a member since May of 2006. I've been paid every month, on time. Legisi refuses to plut itself in the category of HYIPs because they are scams and this is not. It is not an investment but yet a loan to the company. If you still have questions, feel free to email me.

Brad

[frickfrack]

Some terms of agreement! You decide?

(I)You hereby avow, state, represent and agree, under the risk and penalty of perjury, that you are not an informant, nor associated with any informant, nor with an government or government agency, domestic or international, including but not limited to the "US Internal Revenue Service" (IRS), “Federal Bureau of Investigation” (FBI), “Central Intelligence Agency (CIA), “Securities and Exchange Commission” (SEC), “Her Majesty’s Police”, and “The Intelligence Services of Great Britain” and “Serious Fraud Office” (SFO), The “Inland Revenue Customs and Excise”, the “Banking Federation of the European Securities Market Association”, “Interpol”, “International Chamber of Commerce (ICC) Banking Commission”, or any other agency whose purpose is to gather information concerning any transaction between Legisi Holdings, LLC and its Membership.[/i]

[frickfrack]

Some terms to join. You decide?

You hereby avow, state, represent and agree, under the risk and penalty of perjury, that you are not an informant, nor associated with any informant, nor with an government or government agency, domestic or international, including but not limited to the "US Internal Revenue Service" (IRS), “Federal Bureau of Investigation” (FBI), “Central Intelligence Agency (CIA), “Securities and Exchange Commission” (SEC), “Her Majesty’s Police”, and “The Intelligence Services of Great Britain” and “Serious Fraud Office” (SFO), The “Inland Revenue Customs and Excise”, the “Banking Federation of the European Securities Market Association”, “Interpol”, “International Chamber of Commerce (ICC) Banking Commission”, or any other agency whose purpose is to gather information concerning any transaction between Legisi Holdings, LLC and its Membership.

[freedomxpress]

Originally Posted by frickfrack

Some terms to join. You decide?

You hereby avow, state, represent and agree, under the risk and penalty of perjury, that you are not an informant, nor associated with any informant, nor with an government or government agency, domestic or international, including but not limited to the "US Internal Revenue Service" (IRS), “Federal Bureau of Investigation” (FBI), “Central Intelligence Agency (CIA), “Securities and Exchange Commission” (SEC), “Her Majesty’s Police”, and “The Intelligence Services of Great Britain” and “Serious Fraud Office” (SFO), The “Inland Revenue Customs and Excise”, the “Banking Federation of the European Securities Market Association”, “Interpol”, “International Chamber of Commerce (ICC) Banking Commission”, or any other agency whose purpose is to gather information concerning any transaction between Legisi Holdings, LLC and its Membership.

************************************************** ********
frickfrack....

what nonsencicle tricktrash is all the above about!

...to experience legisi.com is to understand it's concept. Sure one can read what information there is on its frontpage & interpret it as one sees fit, but to be in a position to make an informed decision, let alone discuss its merits either/or, one must belong to the legisi community, fully participate in its loan system & interact at leisure in its forum then, & only then can one say " I know how that loan system works & I know enough about Greg to be able to say......??? based on facts rather than hearsay, & guesswork.

I am a very satisfied paid member of legisi, not once but over & over, & can vouch fully for this Business...a Business, like no other, where honesty & friendliness exists, & where Greg's integrity is one of the hallmarks that upholds & binds this Business together to serve those who belong to the legisi community, for some years to come yet.
As a matter of interest....those who can make it from the legisi community, are planning to meet in Sth America...a get-together if you like, in April....
should be fun...meeting each other for the first time after a year & a bit of communicating via the forum.....
enough said...

intunewithlegisi.com
freedomxpress
:)

[nomass]

Originally Posted by mitchell172

Hello,

In regard to Legisi, I've been a member since May of 2006. I've been paid every month, on time. Legisi refuses to plut itself in the category of HYIPs because they are scams and this is not. It is not an investment but yet a loan to the company. If you still have questions, feel free to email me.

Brad

I guess that Mr. McKnight's legal firm either missed or ignored this little ruling by the United States Supreme Court?

Originally Posted by Treasury Department

In the leading opinion, the Supreme Court of the United States, held that the definition of a security includes an investment contract, which is "a contract, transaction, or scheme whereby a person invests his money in a common enterprise and is led to expect profits solely from the efforts of the promoter or third party..." Designating such instruments as "loans" does not alter their legal status as securities. SEC v. W.J. Howey Co., et. al, 328 U.S. 293, 66 S. Ct.1100, 90 L.Ed. 1244 (1946).

Back to the drawing board for this pyramid scheme.

[nomass]

Originally Posted by freedomxpress

************************************************** ********
frickfrack....

what nonsencicle tricktrash is all the above about!

...to experience legisi.com is to understand it's concept. Sure one can read what information there is on its frontpage & interpret it as one sees fit, but to be in a position to make an informed decision, let alone discuss its merits either/or, one must belong to the legisi community, fully participate in its loan system & interact at leisure in its forum then, & only then can one say " I know how that loan system works & I know enough about Greg to be able to say......??? based on facts rather than hearsay, & guesswork.

I am a very satisfied paid member of legisi, not once but over & over, & can vouch fully for this Business...a Business, like no other, where honesty & friendliness exists, & where Greg's integrity is one of the hallmarks that upholds & binds this Business together to serve those who belong to the legisi community, for some years to come yet.
As a matter of interest....those who can make it from the legisi community, are planning to meet in Sth America...a get-together if you like, in April....
should be fun...meeting each other for the first time after a year & a bit of communicating via the forum.....
enough said...

intunewithlegisi.com
freedomxpress
:)

I know that you feel they are honest and have all the warm and fuzzy feelings of a new Amway/Qixtar member but if this community is so honest, why haven't the registered as a security and why do they use that "loan" BS?

Did you not know that It is illegal to engage in fraud in the offer or sale of a security. Under most circumstances, it is also illegal to sell securities which have not been registered with the U.S. Securities and Exchange Commission. A security includes the following items:

"note", "stock", "bond", and "debenture" as well as more general terms -"investment contract" and "any interest or instrument commonly known as a "security".

The Federal Bureau of Investigation as well as other federal and state agencies have identified several characteristics common to fraudulent schemes.

Why would any sane person "Join a community" without first having the information to make an informed decision? Sorry boys and girls this has scam written all over and under it. Very short shelf life. Don't use a Calender, use a stop watch.

[mrd]

correct me if i'm wrong, but don't those laws pertain to securities firms and such that operate in the united states?

not sure how the u.s. government can hope to hold a company from another country to u.s. laws, or to forbid u.s. citizens from doing business with an offshore company, , ,

[mrd]

also, legisi members are not buying shares of anything, as legisi is not offering to sell shares of anything. members are not investing money. this is a return on loan program. members LOAN money to legisi. legisi trades in comex and forex from what i understand, which companies do all day long. and the way it looks, they're pretty good at it. in return for letting them use your money, they pay you INTEREST ON YOUR LOAN. nothing illegal about that. you compound your interest, or withdraw it monthly. at the end of your LOAN term, you have the option of withdrawing your principal or reLOANING it for another term.

[nomass]

Originally Posted by mrd

correct me if i'm wrong, but don't those laws pertain to securities firms and such that operate in the united states?

not sure how the u.s. government can hope to hold a company from another country to u.s. laws, or to forbid u.s. citizens from doing business with an offshore company, , ,

Is the program being offered in the US to US citizens? Is the program registered and licensed to sell securities in the US? If the scheme is not licensed to sell securities in the US, then the program is illegal here period regardless of where it is located.

Here are some facts for you.

Typical nonsense:

a) they're not securities!
b) it's a loan and not an investment!
c) the SEC has no jurisdiction over offshore funds!
d) these are "private transactions" and so are exempt from regulation requirements!

Summary of responses:

(a) and (b) In the leading opinion, the Supreme Court of the United States, held that the definition of a security includes an investment contract, which is "a contract, transaction, or scheme whereby a person invests his money in a common enterprise and is led to expect profits solely from the efforts of the promoter or third party..." Designating such instruments as "loans" does not alter their legal status as securities. SEC v. W.J. Howey Co., et. al, 328 U.S. 293, 66 S. Ct.1100, 90 L.Ed. 1244 (1946).

The source is the US Department of the Treasury. One of the pages that carries that statement is this one: http://www.publicdebt.treas.gov/cc/ccphony9.htm

(c)The SEC has a clearly stated position on the use of websites to offer securities, solicit securities transactions, or advertise investment services offshore. Recognizing the global reach of the internet, the usual presumption is that any such offers ARE targeted at U.S. persons unless there are suitable procedures in place to prevent U.S. persons becoming investors.

A good place to read some of the the detail is http://www.sec.gov/rules/interp/33-7516.htm

(d) An offering of securities may be exempt from registration if it is conducted as a "private placement" without any general solicitation of investors [Section 4(2) of the Securities Act, 15 U.S.C. 77d(2); Regulation D (17 CFR 230.501-508)]. However, publicly accessible website postings may not be used as a means of locating investors to participate in such schemes. For example (although related things apply to other 'schemes') it is demonstrably true that PIPS, Reality Millions and many other "prime bank schemes '" members have been encouraged by people like Marsden and Midas themselves to use various website facilities to locate new investors, with no restriction whatsoever on recruitment in the USA. As such, it is difficult to imagine that the "private placement" argument would convince the SEC (or State securities commissions) that no registration is required. A number of very recent Enforcement Actions at State level confirm this.

In order to rely instead on Section 3(c)(1), a fund must meet the following two requirements: (i) it must have no more than 100 beneficial owners of its securities or interests (the "100 investor test"), and (ii) it must not be making or proposing to make a "public offering" of its securities or interests. [This condition is unlikely to sit well with the use of publicly accessible websites to locate potential investors]. A fund relying on Section 3(c)(1) must continuously monitor the number of beneficial owners of its securities to ensure that it meets the 100 investor test. A fund issuing its securities through a private placement in reliance on Section 3(c)(7) does not have to meet the 100 investor test of Section 3(c)(1) if its beneficial owners are limited exclusively to persons, who at the time of their acquisition of such securities, meet the financial criteria of a "qualified purchaser". Simply CALLING someone 'qualified' (as at PIPS or RM, where the only REAL test is that the investor wants to part with their money) is not sufficient.

So keep on sending your money on blind faith if you chose but as for myself I want proof that the people that I deal with are on the up and up.

[frickfrack]

Originally Posted by freedomxpress

************************************************** ********
frickfrack....

what nonsencicle tricktrash is all the above about!

...to experience legisi.com is to understand it's concept. Sure one can read what information there is on its frontpage & interpret it as one sees fit, but to be in a position to make an informed decision, let alone discuss its merits either/or, one must belong to the legisi community, fully participate in its loan system & interact at leisure in its forum then, & only then can one say " I know how that loan system works & I know enough about Greg to be able to say......??? based on facts rather than hearsay, & guesswork.

I am a very satisfied paid member of legisi, not once but over & over, & can vouch fully for this Business...a Business, like no other, where honesty & friendliness exists, & where Greg's integrity is one of the hallmarks that upholds & binds this Business together to serve those who belong to the legisi community, for some years to come yet.
As a matter of interest....those who can make it from the legisi community, are planning to meet in Sth America...a get-together if you like, in April....
should be fun...meeting each other for the first time after a year & a bit of communicating via the forum.....
enough said...

intunewithlegisi.com
freedomxpress
:)

You illiterate, besides be unable to spell, your trip in April is to
Cancun, MX, which is not in Sth. America as you stated.
Did youmake it to the 6th grade????

[frickfrack]

Is it a get rich quick trip.
And I guess al the suckers pay for this trip.

[frickfrack]

You people are a bunch of nothings.

[nomass]

Originally Posted by frickfrack

You people are a bunch of nothings.

Typical no nothing scammer reply. How about some proof on your part that it is legal any place on the planet. Where is it registered and licensed as a security and I've already proven that the "loan" claim is pure BS. Now it's your turn after all your are the one receiving the tainted money.

[frickfrack]

You misread me, I agree with you that these people are scammers, illegal scammers at that. Legisi is nothing more then a scam.

This is not the first time these people have been invlved in scams.
Before that it was Mazu Currency exchange, and before that it was Mannatech, which by the way it a listed security, which means nothing, except for the fact that they include some of the same associates.

[John W]

Two words.

Ponzi.

Scheme.

[hyiploaner4lyfe]

I can easily say I know Greg Personally. He is a true to his work, and has absolutely no intention of riping ANYBODY off.

Legisi is a true HYIP loan company. A little inside... Greg takes your loan money, and invests it into many different area's. For example, as of 06, he started investing into the oil business. Also, some other stocks in intel, Nike, and Sony. If you have done your research, many do call this a scam. If you really did your research, greg has only done about two interviews. One of which, every single thing he said, was taken out of context, to make him seem as if it was a true scam. CNN recently asked for an interview, Greg turned it down, for fear of it being mis-interpreted. CNN wrote an article based on the little info on Legisi's site, and trash talked it, saying it was a classic scam, but to draw your own opinion, and asking how much you are willing to pay, to find out. This greatly affected the legisi community. Hundreds of emails, calls, and msg.s fled in.

A few people, have threatened to turn Legisi into the feds, or hack the site, as a scam, and demanding money to not to. If you see the legisi site re-directing you, or the servers down, this is likely why. Legisi and Greg will not give you a SINGLE penny, and often will consider closing your account and blocking your IP.

Like all HYIPs, no, Legisi wont stay open for ever. They have recently stopped inviting new members, and will lower the payback, because any HYIP can last only so long.

If I have not convinced you that Legisi is not a scam, check out their forums. Shoot them an email. Even give the big boss man a call. Talk to them. What could it hurt?

[clickclack]

Another Moron give to Greg!

[Eveline]

I invested 15000$ in this opportunity on 10 may 2007
On 18 may the website with all the info about legisi disappeared, there is only
a login page left now.
I can't log in anymore and I never get any reply on my all e-mails.
Does anyone can tell me where I have to make a complaint ?



Eveline.

[Targa2]

For those of you trying to defend yourself re: your participation in this company...save your breath on this site. I do not know whether or not your company is legit or not and do not care. I am positive of this though....this site exists for the sole purpose of trying to subvert any organised movement to produce wealth outside of the fine lines drawn by the establishment.It would not surprise me one bit to find that it was set up by or is being funded by "the establishment"

A couple of notes though for all you " ad hominem " attackers and naysayers of everything that is not a " security". A lesson in law.

There are basically 3 branches of foundational law. 1) Common law 2) civil or equity and 3) admiralty law. Ever since 1933 and the Erie Railroad vs. Tompkins case, the U.S. has been operating in a blended law system . Essentially the entire system has been operating in commercial jurisdiction under the Uniform Commercial Code. All equity law is based on contracts of compelled performance. ( no cantract...no law !!! ...Supreme Court says so in the Erie case) Most of these are invisible ( asumpsit ) contracts. Equity law is called " Mala Prohibita " meaning the " wrong prohibited ". Interestingly enough, when you start listing prohibitions under equity , the only things prohibited are the things that you list. Anything not on the list is not prohibited. Real simple. A LOAN is NOT listed in securities law so it is NOT a security. Imagine ,if you will ,how far the SEC would get trying to tell the banks that all of there loans were classified as a security.

Problem with this site is that it is loaded with angry brokers and financial planners that think they know everything because someone endowed them with a couple of letters after their name. They are frustrated because they have to "color between the lines" all the time. Theres not much room for creativity in their jobs or any of our jobs nowaday for that matter. They only feel creative when they are tearing down something they don't understand cause it wasn't on the test they took. Burning witches was what they would have been doing 300 years ago.

As far as I am concerned the only things of real value in this world are labor and the things that labor turns into goods for people to use. The rest of you cretins are just passing back and forth pieces of paper that have F.A. for value. An ounce of gold is worth absolutely nothing without the labor to dig it up and turns it into something useful.

It takes 6 months to build a house and 6 hours to burn it down. You couldn't build a doghouse with the accumulated value of information on this site.

You all act like a bunch of Soviet Communists....spying on each other and ratting each other out. Disgusting !

[homemoneyman]

Eveline,

Sorry to hear about your trouble with the $15,000. Are you sure you are sending your questions to the right e-mail address? Please e-mail Mary at support@legisi.com or legisimary@mazu.com. Mail it from the same e-mail address you submitted when you signed up, if possible. Be specific in describing your problem. Let her know if you were ever able to see the $15,000 in your Legisi account.

Also provide the following:

Legisi Username.
E-Bullion or E-Gold account # you transferred the $15,000 from.
Date of transfer, Legisi account # you transferred to, and Transaction # (these all should be in your E-Bullion or E-Gold transaction history).

Hopefully, you'll hear from her within a day or so. Good luck!

[tommygunn]

Greg McKnight
Motivational Speaker

Greater Denver Area
http://www.linkedin.com/pub/0/a91/3ab

http://hyipblog.nobshyip.net/2006/11...knight-legisi/

[tommygunn]

http://money.cnn.com/2007/05/08/pf/l...ymag/index.htm

Sniffing out a possible scam
A reader is tempted by the promise of huge returns from an investment Web site. Money Magazine's Answer Guy points out the many red flags.
By George Mannes, Money Magazine senior writer
May 8 2007: 12:43 PM EDT


NEW YORK (Money) -- Question: I'm a 60-year-old male with about three years until retirement. Someone at work recently recommended I put some money into a company called Legisi.com - not an investment, but a loan. I wonder if you are familiar with this. - Name Withheld, Bayside, N.Y.

Answer Guy had never heard of Legisi.com before your letter, and the company doesn't disclose a lot of information about itself on its Web site.



Legisi, according to its Web site, is a company to which you can lend money in relatively small amounts (as little as $1,000 at a time), and which says it pays back at least 10 percent per month in interest. That's a whopping amount of money, especially in light of the fact that a high-yield corporate bond mutual fund currently yields only 7 percent per year.

So what's not to like about Legisi? Plenty. The problem is that such a return on this kind of loan seems too good to be true. Ask yourself: Why would a company need to pay that much in interest to borrow some cash? If any schmo can get a credit card charging 14 percent annual interest, why would a reasonable company operated by reasonable people want to pay lenders ten times that amount? And what is the company doing with the money anyway?

Answer Guy doesn't know, and Legisi isn't telling him. A.G. left several voice and e-mail messages last week for Legisi.com "boss" Greg McKnight, who - the Web site says - is based in Flint, Mich. But last Friday, his assistant said that McKnight, who had done interviews in the past that hadn't been well-received, wasn't interested in doing this one.

So A.G. sought the opinion of Joe Borg, director of the Alabama Securities Commission and president of the North American Securities Administrators Association, an organization of state and provincial securities regulators. After studying Legisi.com's Web site, Borg said, "This is suspicious, and I'd recommend any investor stay away from it." He adds, "It has signs of other organizations that have ended up being Ponzi or pyramid schemes."

A Ponzi or pyramid scheme is a type of fraud in which early investors enjoy magnificent returns - chiefly because they're paid off by money pouring in from subsequent investors who have heard about the serious cash that earlier investors are making. Eventually, the scheme always collapses and most investors lose everything.

So what do Legisi and known Ponzi schemes have in common, according to Borg?

Legisi promises lofty returns. "They're offering ridiculously high interest rates that you cannot get in any legitimate market," said Borg.
Legisi requests that people lend it money via the Web sites e-gold.com or e-Bullion.com, two Internet payment systems said to be backed by gold. Scammers in the past, said Borg, have requested alternate forms of payment in attempts to avoid mail fraud charges and to make money harder to trace. (On Tuesday, Legisi's Web site said it was "temporarily" not accepting funds from e-gold.)
The parent company is said to be based on the Caribbean island of Nevis. Although there are legitimate businesses in Nevis, said Borg, to sell securities to a U.S. state resident they still must be licensed. Very few - if any - are, said Borg. "The safety net of securities regulation is not present off shore," said Borg.
Legisi pays referral fees of 5 percent, but only to members who have invested their own money. "A lot of Ponzi and pyramid schemes will require you to be a member before you can get referral fees," said Borg. That gives people a greater incentive to keep the scams going, he said: "You're tied to the organization. Psychologically, you're part of the group."
Legisi demands that account holders promise they are not an informant or associated with such government organizations as the IRS, FBI, CIA or "The Intelligence Services of Great Britain." Such requests, said Borg, are common to international "prime bank" and foreign currency exchange schemes. "It's done to psychologically intimidate folks into thinking they have some liability if they complain to authorities, under the theory they could be sued for damages," said Borg. "As a practical matter, that never happens."
Legisi insists that members are not investing in the company, but lending money to it. That tactic has been used in the past, said Borg, by companies hoping to avoid securities regulation - not always successfully. "Even loan transactions can be securities, depending how they're done," Borg says.
Borg said that he would bring Legisi.com to the attention of Michigan securities regulators, and this week Answer Guy - pretty alarmed at the thought people would be investing their retirement savings in this thing - did the same thing, placing a call to the state's Office of Financial and Insurance Services.

Hey, maybe Legisi.com isn't like all those other companies that Borg alludes to. But ask yourself how much you're willing to pay to find out.

[Eveline]

Originally Posted by Eveline

I invested 15000$ in this opportunity on 10 may 2007
On 18 may the website with all the info about legisi disappeared, there is only
a login page left now.
I can't log in anymore and I never get any reply on my all e-mails.
Does anyone can tell me where I have to make a complaint ?



Eveline.

I already sent 5 email's to support@legisi.com and legisimary@mazu.com with no reply

Does anyone know the address and phone number of legisi in Michigan ?(they had this on their website before 18 may, the day they disappeared)

[homemoneyman]

Eveline,

Have you checked your junk or bulk mail folder? Also, I would be curious to know if the $15,000 ever actually showed on your Legisi account when you were able to log in. If the answer is yes, then you have an account for sure with a specific username. When you send an e-mail to Mary and provide that username, she should respond.

I just sent you a PM.

[still]

Originally Posted by Eveline

I already sent 5 email's to support@legisi.com and legisimary@mazu.com with no reply

Does anyone know the address and phone number of legisi in Michigan ?(they had this on their website before 18 may, the day they disappeared)

HI EVELINE,
MAY BE I CAN HELP YOU.

#1. READ THIS :
Admin Mary: "Folks, there are valid reasons why Legisi cannot be associated with investing, investments, investors etc. This is not a debatable point or open for a logical discussion. This is an absolute: use the "I" word or any variation and your account will be closed. No excuses, no explanations, no further discussion.

To quote the man: END of story."

IF YOU USED THE WORD "INVESTMENT" SHE MIGHT BE CLOSED YOUR ACCOUNT.

#2. E-MAL "AUREA" - A FORUM MODERATOR AND EXPLAIN YOUR SITUATION .
aurea@legisiexpert.com

#3.FROM PREVIOUS WEBSITE :
You can contact me, Greg McKnight, by phone on weekdays between 9am and 12noon EST only. I really do want to hear from you, welcome you to the program and answer your questions, but I need to limit my phone availability to avoid spending all day on the phone and not getting anything done. Due to heavy phone traffic during these hours, it is often difficult to get through and there are just too many messages left for me to get to all of them. Your best bet is to keep trying during my availability hours and you'll eventually get through. Please remember that I don't handle support issues on the phone. I have a great group of people handling all support issues for me. I look forward to speaking to you!

For support issues, you can reach Michael by phone from 9am to 5pm PST at: 503-614-8221
OR
for Account Support/Issues, e-mail Mary at support@Legisi.com
Legisi Holdings, LLC (US Service Office):
**** Note: My hours of availability are 9am - 12noon EST on weekdays only. ****
**** Do not attempt to reach me outside of these hours. ****
5154 Miller Rd.; Suite F
Flint, MI 48507
Phone: 810-230-3205 (see note above, please)

Legisi Holdings, LLC (Nevis, WI Office):
Hunkins *****front Plaza / Main Street
P.O. Box 556
Charlestown, Nevis, West Indies
Phone: 869-469-0224

Legisi Holdings, LLC is an International Business Corporation (IBC) incorporated in and under the laws of Nevis, West Indies.

HOPE THIS WILL HELP,
STILL.

[borisf96]

Sorry people, ship has sailed. Like every other ponzi, Legisi is done or almost done. Do not get in another scam like this. Consider money you lost as your financial education.

[morpheus961]

Originally Posted by Eveline

I already sent 5 email's to support@legisi.com and legisimary@mazu.com with no reply

Does anyone know the address and phone number of legisi in Michigan ?(they had this on their website before 18 may, the day they disappeared)

Greg McKnight
5360 Winshall
Swartz Creek MI 48473

(810) 6354041

You can Google "GREG MCKNIGHT" and get this information too.

Send me a message, I'll send you a picture of his $150,000 house.

[Irishman]

Some of you people wouldn;t ackowledge a rock, even after it hit you on the head! :)

I've been with Legisi from its birth and have been paid, and/or compounded every month like clockwork. I am way past being in profit.

Sorry you Doubting Thomases. This boat has pulled up the gang plank and is now private.

The Lucky Irishman

[morpheus961]

Originally Posted by Irishman

Some of you people wouldn;t ackowledge a rock, even after it hit you on the head! :)

I've been with Legisi from its birth and have been paid, and/or compounded every month like clockwork. I am way past being in profit.

Sorry you Doubting Thomases. This boat has pulled up the gang plank and is now private.

I think you're right Irishman - The pirate ship has sailed. Soon all of the unlucky ones will walk the plank.

[nomass]

Just a side note. E-Gold was registered in Nevis but you see the predicament that they find their company in today.

[morpheus961]

Stopped by Legisi Marketing Services offices on the 4th of July. Of course, the office was closed. What was very interesting was the sign on the door. Nice sign, but it said "Real Estate Services", whatever that is. Could someone explain to me how Real Estate Services figure into the Legisi "loan" program?

[morpheus961]

Check out this website......

http://legisimarketing.com/services.html

Greg McKnight is the "Foreclosure Cure" of Genessee County.

His picture appears right on the home page of the web site.

Could this be the real "investment" Greg is doing with the "loaned" money?

From the website: "We have the cash to purchase your home NOW!"

Welcome!

I'm Greg McKnight, President of Legisi Marketing, Inc.(LMI) and I want to thank you for visiting our website. LMI is a brand new concept in the Real Estate Services industry. We offer service to buyers, sellers, brokers, lenders and especially to those in the community that are suffering in the foreclosure process and can't really see any way out. We can help you.

This guy is busy!

I don't know about this one, but I know of an opportunity that has been around for over 17 years and provides excellent income, training and support. For more information, visit www.*****ToProduceWealth.biz and www.SixFigureIncomeSchool.com. Learn how to change YOUR financial future at these website links! I did and it changed my life!

[nomass]

Originally Posted by 5blade

I've found NO viable evidence to suggest LEGISI is other than what Mr. McKnight and all the web sites documentation says it is. I've found a few (VERY few) people "claiming" LEGISI is not to be trusted however, NONE of these are any more than rants with no proof. I would suggest you keep in mind the investors rule "never invest more than you're willing to lose". Also, know that unlike the stock market, Mr. McKnight will NOT get you to buy or sell a stock just so he can make a commission of quota for that month. Also, keep in mind the tax issues. I'm still attempting to see whether or not this is attached to any terrorist organization. So far, it looks VERY, VERY GOOD and I'm in. I'll be gettin involved in Feb 07 unless I find somthing to stop me. I'll post again to update you.

I have! Here is the update you have been waiting for and it is complements of the of the E-Gold prosecution.

Identified e-gold accounts operating pyramid schemes

e-gold accounts 2636005, 2825136 and 2828872

(Legisi Holdings LLC)

46. e-gold accounts 2636005, 2825136 and 2828872 are accounts purportedly owned

by Greg McNight of Swartz Creek, Michigan in the name of Legisi Holdings, LLC. These accounts are used to operate the Legisi pyramid investment scheme, which has been operating since December 2005 via the internet website www.legisi.com. This program describes itself as “a private, members-only High Yield Return-on-Loan program. . . . Our members loan us funds, choose their repayment terms and enjoy the interest payments.” This scheme offers investors two programs in which to invest their money, including the “Standard Loan” which has a minimum investment of $250 and no maximum. At the end of the four month term, investors are told they can withdraw their principle investment with 10% a month interest paid, or chose to leave their money in the system and continue to earn 10% a month. The second program offered is the “VIP Loan,” in which the minimum investment is $10,000. The term of the investment is for one year, and at the end of the year, the investor can withdraw their money or leave it in the program and receive a 12.5% monthly return. Legisi also encourages investors to recruit others to invest in the programs by paying a 5% referral commission on all funds that are put into a new account The operator of the scheme – Greg McKnight, according to the website – states on his website that investors who may be seeking to refer other investors should never o use the terms “investment,” “Tax,” or “Guarantee.”

47. As of March 13, 2007, Legisi e-gold account 2636005 was the highest value egold account after the e-gold operation’s own accounts (e-gold, Ltd. and OmniPay accounts), containing approximately 1485.12508 grams ($978,845.94) worth of e-gold. An analysis of account 2636005 was conducted and yielded the following results: The account was created in December 2005 and transactions can be seen up until March 12, 2007. Approximately 11,254.25814 grams ($7,022,258.77) in funds in 1,556 transactions occurred into the account with notations in the memo field such as: “Deposit to www.legisireserve.com User ChuckieM”and “Withdraw to Robert Williams from Legisi.com.” The transaction history shows that, while there were some payments out to investors (generally in the tens to hundreds of dollars), the vast majority of funds were simply taken out of the account for use by McKnight.

Approximately 5440.90856 grams ($3,443,852.80) was exchanged out for national currency through Omnipay orThe Bullion Exchange. Another e-gold account, number 2828872 in the name of “LIDO Consulting LLC” and also controlled by McKnight, received 892.133009 grams ($550,000) from account 2636005.

48. A second Legisi e-gold account, number 2825136 had a balance of 375.641569 grams ($247,585.36) on March 13, 2007. Analysis of this account, also held in the name of Legisi Holdings LLC, was conducted and yielded the following results: Transactions in the account occur between September 2006 and March 2007. Approximately, 1,315 transactions occur involving the transfer of funds into the account with a value of 7498.626704 grams ($4,699,786.63), and include notations in the memo field such as: “Deposit to VIP fund.” Most of the funds received into this account, amounting to approximately 5365.237044 grams ($3,385,048.00), were transferred to Legisi’s account 2636005.

49. A third Legisi e-gold account, number 2828872 received approximately 3724.00066 grams ($2,499,806.00) worth of e-gold from accounts 2636005 and 2825136, both of which were used to receive investor deposits. Analysis of account 2828872 showed: 116 transactions occur into the account with a total weight of 4866.42213 ($3,237,669.14), four of which come from account number 2636005 totaling 3348.77982 grams ($2,240,805.00). Three of the116 transactions come into the account from e-gold account 2825136 with a weight of 375.22084 grams ($259,001.00). There were approximately 149 transactions out of the account with a total weight of 2208.24154 ($1,374,323.44). The smaller transactions out of the account appear to be payouts to keep investors satisfied, while the larger withdraws are to OmniPay for exchange. Shortly before its value was seized, e-gold account 2828872 was one of the greatest valued e-gold accounts, containing approximately 2657.54163 grams ($1,804,205.01) worth of egold.

Have a nice day.

[morpheus961]

This one's been over since before they went private. The "victims" are always the last to know. I say "victims", because people that expect something for nothing are not quite "victims" in my eyes. :(

Total seized - over $1.7 MILLION dollars.

From the forfeiture case filing of 7/24/2007

Case 1:07-cv-01346-RMC Document 1 Filed 07/24/2007

UNITED STATES DISTRICT COURT FOR THE DISTRICT OF COLUMBIA UNITED STATES OF AMERICA,
c/o United States Attorney's Office
Judiciary Center Building
555 4th Street, N.W.
Washington, DC 20530

ALL PROPERTY IN/UNDERLYING E-GOLD ACCOUNT NUMBERS: 2636005, 2825136 AND 2828872,

VERIFIED COMPLAINT FOR FORFEITURE IN REM
The United States of America, by and through the United States Attorney for the District of Columbia, respectfully states as follows:

1.This is a civil action, in rem, brought to enforce the provisions of 18 U.S.C. §981(a)(1)(A), which provides for the forfeiture of any property involved in a transaction or attempted transaction in violation of 18 U.S.C. §§ 1956 and 1960, or any property traceable to such property. This civil action, in rem, also seeks to enforce the provisions of 18 U.S.C. §981(a)(1)(C), which provides for the forfeiture of any property which constitutes or is derived from proceeds traceable to a violation of any offense constituting “specified unlawful activity” or a conspiracy to commit such offense.

DEFENDANT PROPERTY

4. The defendant property is: All property, accounted for as an amount of “e-gold” in, or underlying, e-gold account(s) 2636005, 2825136 and 2828872, on or about April 26, 2007 and May 4, 2007, and now reflected as U.S. dollars.

The E-GOLD operation records the individual or entity opening or directing the e-gold account(s) related to this forfeiture matter as: Legisi Holdings LLC.

5. On or about April 25, 2007 and/or May 4, 2007, seizure warrants were issued by this Court authorizing seizure by federal law enforcement authorities of the property accounted as e-gold and contained in or held on deposit in the e-gold account(s) numbered and identified as indicated above. These warrants required entities operating the E-GOLD system – Gold & Silver Reserve, Inc./OmniPay/e-gold, Ltd. – to convert or exchange the relevant e-gold into funds denominated as United States currency.

Law enforcement officers served the warrants at the offices of Gold and Silver Reserve, Inc., on or about April 26, 2007 and on or about May 4,2007, and left copies of the warrants with Douglas Jackson, or other company officials, on each occasion.

The defendant property herein was seized pursuant to one or more of these warrants.

6. Post-conversion, the U.S. dollar value of the property recovered pursuant to the warrant(s) concerning the e-gold account(s) at issue here was $1,769,264.19.7.

The defendant property is now in the custody of, and under the control of, the United States Department of the Treasury, in Washington, DC.