341:, Stamper wrote that he "never lied about anything" or indicated that the notes were FDIC-insured, adding that he contributed $ 600,000 of his own money to "ensure that everyone is repaid with interest." In 2007, Federal Savings repaid all $ 4.7 million of principal and interest to the 219 investors who invested. Stamper himself was threatened with a life sentence and agreed to a felony plea deal, pleading guilty to three felony charges relating to the business. He was fined $ 10,225 and attended probation.
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controversial within the real estate community that it was asked to stop operating by the
Washington state Department of Licensing. Progressive Homesellers was deemed by the Department of Licensing to be "procuring prospects" for real estate agents. Under Washington law, people making the initial contact with potential clients, whether through cold calling or direct mailing, have to be licensed. Stamper's promise to cut real estate commissions in half coincided with the federal anti-trust case against the
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laws and never obtained licenses to sell securities anywhere. On March 9, 2007, the
Washington State Department of Financial Institutions ordered Federal Savings and Stamper to stop selling securities. DFI accused the company of failing to register to sell securities in Washington State. In an agreement with the state in June 2007, Federal Savings did not admit or deny the facts alleged by DFI but agreed to reimburse DFI $ 4,500 in investigative costs. In an e-mail to the
311:-growing website. In an interview in 2013, Stamper said: "We thought it was hilarious. And it was hilarious, to us. And to many other people. It wasn’t a serious political statement as much as it was just some guys having fun. It was the kind of stuff that college kids would do if they didn’t have a date on a Friday night."
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In 2009, Stamper released PersonRatings.com, where users could rate and review any
American on numerous qualities. On April 1, 2009, when word started going around about the site, there was some confusion about whether it was real, or just an April Fools' Day prank. Stamper described the site as "the
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and the fact that he only moved to the state from
Seattle in March 2013. Stamper denies this: "No. That would be the answer. I can’t imagine someone doing this as a prank. I don’t want to be one of those people who talks about how hard it is to run, but you don’t put this kind of effort into a prank.
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In 2006, Stamper founded
Federal Savings, a finance company that sold debt securities with a maturity of six months. Between 200 and 300 people invested in "term certificates" with annual percent yields of 6.25 and 8.85 percent. The company claimed to operate under an exemption to Federal securities
272:
On
February 13, 2016, Stamper endorsed Bernie Sanders for the Democratic nomination for President of the United States, writing "Bernie understands that fighting wars to topple foreign regimes always has huge unintended consequences. Even after her vote to authorize the disastrous $ 1.7 trillion war
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In July 2010 the McKay-Chadwell law firm, which represented
Federal Savings in Washington State's legal claims, filed suit against Stamper and others with Federal Savings, resulting in default judgement of approximately $ 250,000 he owed in unpaid legal fees. Stamper and his sister Meaghan McKaige,
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In
November 2011, Stamper's Delaware holding company, IPIC Group Ltd. made a tender offer to buy as many as 500 million Bank of America shares at $ 6 per share. If consummated, the offer would have been worth $ 3 billion and made IPIC the largest Bank of America shareholder with about 4.9% of all
197:
In April 2017, Stamper announced the release of his company's location-aware chat app, Spout. According to
Stamper, "Identity-based platforms like Facebook inhibit users from posting their most authentic content, and people are still looking for an alternative. On Spout, you can be yourself and
169:
In 2005, Stamper founded
Progressive Homesellers. The company connected sellers with agents at brokerages who agreed to sell properties for a flat fee for people who, according to Stamper "don't need someone to baby-sit them through the process of selling a home." Progressive Homesellers was so
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Stamper began his entrepreneurial career in 2002 when he founded The Delaware Company, a business filing company that specialized in Delaware incorporation. He served as CEO until 2006, when he sold the company to the Dutch multinational
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the domain names corresponding to the names of elected officials and connecting the domains to various controversial websites including sites promoting cannibalism as a form of political satire. A website for then-U.S. Representative
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filed suit against their use. The World Intellectual Property Organization ruled that two domains registered by Stamper were "not confusingly similar" to the
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targeting incumbent politicians and has since founded several internet companies, including Spout, The Delaware Company, Progressive Homesellers and
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214:. Due to his past controversies and history of pranks, it has been speculated that his candidacy is a joke, particularly given the nomination of
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homepage for your life-long accumulated reputation" but has admitted that "you need to take a person's ratings profile with a grain of salt".
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Bank of America recommended that its shareholders not accept the offer, even though it was made at a premium to the stock's market price.
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As of September 2013, Stamper had no campaign staff and as of April 2014 he had raised a total of $ 59,677, with $ 10,257 cash on hand.
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Stamper attended public, private and parochial schools in the Seattle area and later earned his undergraduate degree in Government from
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242:, saying that "I am confident I can pick up a lot of conservatives who have a libertarian bent, with people who are upset about the
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along with her husband Andrew McKaige, contested the court decision in favor of the law firm, but lost their appeal in April 2013.
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IPIC Group eventually withdrew its offer citing Standard & Poor's downgrade of Bank of America’s credit ratings as its reason.
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254:. I believe I can reach some of those people on the issues, even though we disagree fundamentally on a number of issues."
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and increased taxes on the top 1% and in "interpreting the Constitution without a lot of flourishing". He supports the
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303:, the names of nine Ohio state legislators directed to sites promoting cannibalism or giving instructions for turning
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On May 28, 2014, the South Carolina Democratic Party's executive committee voted unanimously to endorse state Sen.
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in the primary election over Stamper. In the June 10, 2014 primary, Stamper took 23.5% of the vote.
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On February 26, 2013, Stamper announced his candidacy for the Democratic nomination for the
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107:(born June 14, 1972) is an American entrepreneur, nonprofit leader and politician from
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overreach. They are upset about the interventionism and they fall along the lines of
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In 2002, Stamper registered the domains ronaldlauder.com or ronaldlauder.org.
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703:. South Carolina State Election Commission. June 10, 2014. Archived from
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494:"Prankster or Politician? Jay Stamper Says His S.C. Senate Bid Is Real"
889:"Federal Savings investors get money back after months of uncertainty"
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into cheese and the names of 12 Florida State Senators directed to a
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No." He credits his recent marriage for his move to South Carolina.
618:"BofA Urges Holders To Reject Group's Attempt To Buy Biggest Stake"
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636:"Exclusive: Another unknown Democrat seeks US Senate seat in SC"
466:"Rating neighbors, Governors, VCs and more on PersonRatings.com"
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Court of Appeals of the State of Washington (April 29, 2013).
603:"IPIC Group Offers to Buy 500 million Bank of America Shares"
679:"SCDP Executive Committee Unanimously Endorses Brad Hutto"
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interact freely with people nearby or around the world."
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National Association for the Advancement of White People
119:. In February 2013, he announced his candidacy for the
295:, www.PorterGoss.com, directed to a website for the
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2014 United States Senate election in South Carolina
111:. Stamper first gained national media attention for
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853:"Federal Savings Agrees to Refunds on Securities"
789:"Libel 2.0 Sites are Obnoxious but not Much Else"
681:. South Carolina Democratic Party. May 28, 2014
909:. Court of Appeals of the State of Washington.
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573:"Entrepreneur Tries Cutting Real Estate Costs"
660:. Federal Election Commission. Archived from
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871:"Official says publicity will doom business"
556:Millares-Bolt, Kristin (December 15, 2005).
831:"Website Lets You Rate People, True or Not"
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701:"2014 Statewide Primary Election Results"
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322:trademark and found in favor of Stamper.
540:"Assemblyman Sees No Humor in Web Prank"
407:"Assemblyman Sees No Humor in Web Prank"
904:"McKay Chadwell v. Stamper and McKaige"
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218:for South Carolina's other Senate seat
950:Financial information (federal office)
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492:David Freedlander (October 29, 2013).
521:"Feared alley gets cleanup, makeover"
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984:21st-century American businesspeople
753:Barrett, William (October 6, 2003).
601:O’Daniel, Adam (November 23, 2011).
558:"A New Player in Real Estate Market"
363:"DeMint's Former PAC Targets Graham"
887:Cat Le, Phuong (October 18, 2007).
829:Feldman, Deborah (March 25, 2003).
588:"Real Estate Commissions Shrinking"
571:Wilkinson, Eric (January 3, 2006).
426:"Heavy Betting on Election Domains"
405:Ritsch, Massie (January 22, 2003).
772:Heussner, Ki-Mae (April 1, 2009).
755:"Not the Master of His Own Domain"
653:Jay Stamper for Senate Committee.
616:Benoit, David (December 6, 2011).
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774:"How Does the Internet Rate You?"
634:Jamie Self (September 14, 2013).
448:"Spout Poised to Succeed Yik Yak"
424:Glasner, Joanna (June 21, 2004).
383:Ogles, Jacob (January 28, 2004).
273:in Iraq, Hillary still doesn’t".
869:Edwards, John (March 17, 2007).
851:Cat Le, Phuong (June 11, 2007).
791:. Globe and Mail. Archived from
519:George, Kathy (April 23, 2005).
385:"Mudslinging Exploits High Tech"
277:Media attention and legal issues
226:Stamper describes himself as an
172:National Association of Realtors
787:Tossel, Ivor (April 2, 2009).
655:"FEC October Quarterly Filing"
361:Beam, Adam (August 20, 2013).
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891:. Seattle Post-Intelligencer.
855:. Seattle Post-Intelligencer.
728:"Why I Can't Support Hillary"
605:. Charlotte Business Journal.
560:. Seattle Post-Intelligencer.
538:Jio, Sarah (August 5, 2006).
446:PRNewswire (April 13, 2017).
139:. Stamper is the grandson of
833:. King5 News. Archived from
586:NPR Staff (April 14, 2006).
464:Cook, John (April 9, 2009).
230:who supports protecting the
178:Bank of America Tender Offer
954:Federal Election Commission
873:. Las Vegas Review-Journal.
638:. The State. Archived from
365:. The State. Archived from
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999:Connecticut College alumni
994:People from South Carolina
926:. Oxford: Pantheon Books.
338:Seattle Post-Intelligencer
268:Support for Bernie Sanders
236:Violence Against Women Act
814:FoxNews (April 2, 2009).
208:United States Senate seat
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918:Stross, Randall (1990).
730:. Medium. Archived from
590:. National Public Radio.
161:for an undisclosed sum.
922:Bulls in the China Shop
428:. Wired. Archived from
387:. Wired. Archived from
286:In 2002, Stamper began
165:Progressive Homesellers
959:Jay Stamper for Senate
816:"Rated & Reviewed"
620:. Wall Street Journal.
202:U.S. Senate candidacy
131:Early life and family
964:Jay Stamper Blogspot
734:on February 18, 2016
642:on November 1, 2013.
432:on December 8, 2013.
391:on October 14, 2011.
228:economic progressive
152:The Delaware Company
369:on August 24, 2013.
137:Connecticut College
123:nomination for the
88:Connecticut College
837:on March 27, 2009.
707:on August 11, 2014
496:. The Daily Beast.
141:Malcolm T. Stamper
795:on April 11, 2009
667:on July 13, 2015.
525:Los Angeles Times
411:Los Angeles Times
232:social safety net
117:PersonRatings.com
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979:1972 births
507:Stross 1990
305:breast milk
293:Porter Goss
22:Jay Stamper
973:Categories
349:References
262:Brad Hutto
121:Democratic
83:Alma mater
76:Democratic
62:Washington
48:1972-06-14
252:Rand Paul
711:June 16,
309:cannabis
282:Internet
248:Ron Paul
210:held by
183:shares.
952:at the
685:May 28,
220:in 2010
58:Spokane
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759:Forbes
113:pranks
907:(PDF)
665:(PDF)
658:(PDF)
193:Spout
928:ISBN
801:2017
740:2016
713:2014
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66:U.S.
42:Born
250:or
244:NSA
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