Archive for January 2009

Video Shows AdViewGlobal Graphics Were Removed From AdSurfDaily Webroom

In this post, we showed you a screen shot of the AdSurfDaily webroom showcasing AdViewGlobal, a new autosurf. Scam.com and at least one other website featured graphics on the same topic today. We kept our browser window open after we made the screen shot, thinking that word would get around and that the ASD webroom […]

ASD, AdGateWorld, AdViewGlobal — In Pictures

ASD, AdGateWorld, AdViewGlobal -- In Pictures

AdSurfDaily Inc. and other firms and individuals linked to the autosurf trade have been named defendants in a class-action racketeering lawsuit. Among the allegations is that ASD was a participant in schemes beyond its own autosurf Ponzi scheme and was engaged with co-conspirators in a pattern of racketeering. Here is part of the ASD story […]

BOLO Clarence Busby? Reader Puzzled By RICO Defendant’s Absence; Says Busby Out Of Touch For ‘Months’

Should the government and litigants be on the lookout for Clarence Busby? He hasn’t been charged with a crime and, in September, he surrendered his claims to money seized by the U.S. Secret Service as part of its probe into the alleged criminal business practices of his company, Golden Panda Ad Builder of Acworth, Ga. […]

BREAKING NEWS: Bowdoin, Busby, Garner, BOA Sued Anew

BREAKING NEWS: Bowdoin, Busby, Garner, BOA Sued Anew

UPDATED 7:42 P.M. EST (U.S.A.) Individuals associated with AdSurfDaily Inc. have been sued in U.S. District Court in Washington, D.C. The complaint alleges racketeering, and names Bank Of America a defendant for aiding and abetting the scheme. BOA was not named a RICO defendant. The case was brought by Mike Collins of Savage, Minn.; Frank […]

ASD Members International Dissolved

It came online a few months ago with the strange promise it would litigate against government entities involved in the AdSurfDaily case — even if they were behaving legally. If lawsuits didn’t work, then perhaps it would see about having prosecutors charged with crimes. But ASD Members International (ASDMI), a nonprofit registered in Missouri, is […]

Bowdoin/Madoff Comparison: Is It Fair?

Bowdoin/Madoff Comparison: Is It Fair?

Last night we received a note from a reader who had a bone to pick: He advised us, seemingly politely, that ASD was not an “autosurf.”  Rather, he said, it was a “manual surf.” There was a whiff of passive-aggressiveness in the note: He informed us that he did not desire to “address your blog” […]

Gadfly Prison Inmate Jonathan Lee Riches Enters Madoff Fray; Files Motion To Intervene In Bankruptcy Case

Gadfly Prison Inmate Jonathan Lee Riches Enters Madoff Fray; Files Motion To Intervene In Bankruptcy Case

Veteran court watchers might have wagered it was only a matter of time before Jonathan Lee Riches filed a motion in the Bernard Madoff bankruptcy case. Had you placed a friendly wager, you’d be a winner. Riches’  brief  was recorded yesterday. He called it an “Amicus Curaie” motion to gain standing with the Court. Riches, […]

Seniors In Gallery Of Ponzi Rogues; Grandpa Breaks Bad

Seniors In Gallery Of Ponzi Rogues; Grandpa Breaks Bad

We noted Sunday that a startling number of senior citizens have been implicated in Ponzi schemes or accused of monumental financial misdeeds. Featured in this graphic are (left to right): Andy Bowdoin, president of fundamentally defunct AdSurfDaily Inc. of Quincy, Fla.; Bernard Madoff, head man at fundamentally defunct Bernard L. Madoff Investment Securities of New […]

Nadel Diverted Client Funds To Family: Feds

Nadel Diverted Client Funds To Family: Feds

Florida hedge-fund manager Arthur Nadel turned himself in yesterday to the FBI in Tampa. Nadel had gone missing Jan. 14. He was immediately jailed. A bail hearing is set Friday. Previously we’ve written about some of the Nadel parallels to the AdSurfDaily Ponzi scheme case. Some of the parallels grew even more striking yesterday, with […]

Readers Ask: Are The Surf Promoters REALLY That Stupid?

Readers Ask: Are The Surf Promoters REALLY That Stupid?

We’ve received a number of comments from readers that fall along these lines: Are the people promoting autosurfs despite what has happened to AdSurfDaily, LaFuenteDinero and Golden Panda — and the collapse of MegaLido (and others) — REALLY that stupid? The short answer is maybe. Each and every one of them is risking the same […]

BREAKING NEWS: Natures Discount Drops RICO Lawsuit Against Bowdoin, Busby, Garner

Natures Discount, a former AdSurfDaily advertiser, has dropped a racketeering lawsuit it brought in November against ASD President Andy Bowdoin, Golden Panda President Clarence Busby, and Robert Garner, an attorney who appeared in a video touting ASD’s legality. Bank of America also was named a defendant in the Natures Discount complaint, though not as a […]