SEC shuts down $50 mln Internet Ponzi scheme 12DailyPro

U.S. regulators last week charged the owner of 12dailypro.com and her two companies with fraud for running a $50 million (28 million pounds) Ponzi scheme, according to a statement released on Monday.

http://today.reuters.co.uk/news/newsArticle.aspx?type=internetNews&sto ryID=2006-02-28T004118Z_01_N27406828_RTRIDST_0_OUKIN-UK-12DAILYPROCOM- SEC.XML

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