We do not suggest anyone signing up on this site or investing any money with Rolfund . You will never see your money again. The last news update from Chris the admin is as follows:

Withdrawals suspended Indefinitely
Withdrawals suspended Indefinitely
Due to The US Government Indictment Against E-GOLD Our payment Processor
ALL withdrawals are suspended Indefinitely.

All of our funds are locked in Egold and cannot Be accessed according to the US Government as Long as E-GOLD remains Under Investigation

We apologize for this But Is TOTALLY OUT OF OUR CONTROL

We will Keep you updated as we get word
Jun-11-2007 11:37:20 AM

Basically, Mr. Chris Hogan is using the recent troubles that e-gold had as an excuse not to return funds to the investors and covering up the real problem that he is facing. Frankly, we are surprised that his website is still up and running, but then again a criminal will keep on going as long as he can get away with it.

What Chris Hogan failed to mention on his website was that the Arkansas Securities Department had issued a Cease and Desist order on all his shenanigans since September 2006. Even with that order, Chris Hogan was still enticing investors to send him money for his “casino” venture all the way up to June 2007.

You can find the C&D order here, S-06-015-06-CD0

Here are some highlights of the order with our commentary.

STATE OF ARKANSAS
SECURITIES DEPARTMENT
IN THE MATTER OF
CHRISTOPHER A. HOGAN, CRUNKLAND
RECORDS, LTD., ROLFund.com,
and ALL PERSONS OR ENTITIES EMPLOYED
BY OR OTHERWISE AFFILIATED
WITH THEM No. S-06-015-06-CDOI
SUMMARY ORDER TO CEASE AND DESIST

The Arkansas Securities Department (the “Department”) has received information and has in its possession certain evidence which indicates that Chris Hogan, Crunkland Records, Ltd., ROLFund.com, and all persons or entities employed by or otherwise affiliated with them, either have already engaged in acts or are about to engage in acts that constitute violations of the provisions of the Arkansas Securities Act (the “Act”), codified at Ark. Code Ann. § 23-42-101, et seq.(RepI. 2000). This Order is entered pursuant to Ark. Code Ann. § 23-42-209 and the Arkansas Administrative Procedures Act, Ark. Code Ann. § 25-15-201, et seq.

FINDINGS OF FACT
1. Crunkland Records, Ltd. (”Crunkland”) is an Arkansas corporation incorporated on July 5, 2005 and is currently in good standing with a mailing address of 2322 Lakeview Drive, Heber Springs, AR 72543. The Arkansas Secretary of State’s web- site reflects Chris Hogan as registered agent for service of process.
2. Christopher A. Hogan, aka Chris Hogan, aka Chris “Big Poppa” Hogan, aka Chris A. Hogan (”Hogan”) is the President of Crunkland and a resident of Heber Springs, Arkansas. Hogan is the organizer of Crunkland and also claims to be a Universal Life Church minister..

(Wow, a Universal Life Church minister… well read on)

26. Respondents, Chris Hogan, Crunkland, and ROLFund omitted to provide risk factors, failed to state that the JVA interests in Crunkland and the “loans” to ROLFund were known to be securities, that Respondent Hogan was the subject of a Cease and Desist Order in Missouri for illegal sales of securities, and also failed to disclose that Respondent Hogan had served time in Arkansas in relation to a criminal conviction for theft of property, all of which was a material part of their sales and operated as a fraud on investors in violation of Ark. Code Ann. §23-42-507(2).

(Maybe he was reformed after his prison term and became a minister… we think not.)

As we will always say, do not believe all you hear or read on these too good to be true online investment sites. Do your due diligence. The world wide web is full of scams, but also full of information that can help you make better investment decisions. Those that researched into Chris Hogan and his businesses would have discovered the ASD cease and desist order after September 2006 and would have not lost any money.  A simple search on his name, businesses, addresses and SEC sites would have turned up this information.

What about those that have invested large sums of money? Recovery would be nearly impossible at this point, however, if you have the time and money to pursue legal actions, that is a possibility. Afterall, we do know the bank account, names and addresses of his so called businesses. If there are any assets to be recovered, it is there.