Archive for August 2009

Motions to intervene filed last week by 10 pro se litigants in the AdSurfDaily federal forfeiture case have been denied. U.S. District Judge Rosemary Collyer denied the motions late today, saying the petitioners had no standing in the case. Collyer’s opinion was brief, consisting of only two paragraphs. The pro se pleadings had been styled [...]

All sorts of incongruities dot the AdSurfDaily landscape. Perhaps none is odder than this: Some ASD members say currency issued by the U.S. government is fraudulent, that the Federal Reserve is a fraud, that Federal Reserve Notes are a sham and not “money” because gold and silver coins are the only real money — and [...]

UPDATED 2:11 P.M. EDT (U.S.A.) A company associated with the Noobing autosurf charged a 70-year-old Philadelphia man on Social Security $995 for the names and addresses of three entities that possibly could help him secure a grant to repair his rapidly deteriorating home, according to the receiver in the fraud case against Affiliate Strategies Inc., [...]

Five more motions to intervene have been filed by pro se litigants in the AdSurfDaily federal forfeiture case. This morning’s filings came on the heels of five other pro se pleadings that appeared Tuesday on the docket of U.S. District Judge Rosemary Collyer. Like the previous motions, today’s filings appear to have used a litigation [...]

UPDATED 11:57 A.M. EDT (U.S.A.) There are widespread reports this morning that AdVentures4U (ADV4U), the new darling of the autosurf world, is suspending “revenue sharing” and that its owner was threatened. The reports come on the heels of various reports that the surf slashed payout rates and poured money into a gold-buying business known as [...]

UPDATED 5:06 P.M. EDT (U.S.A.) The attorney for AdSurfDaily Inc. President Andy Bowdoin has asked a federal judge to extend a key filing deadline until Sept. 21. UPDATE 5:06 P.M: Judge Rosemary Coller, in a minute order just issued, has approved an extension until Sept. 14, not Sept. 21, as Bowdoin had requested. Charles A. [...]

UPDATED 7:53 P.M. EDT (U.S.A.) AdViewGlobal (AVG), which also is known as the AV Global Association (AVGA), registered the association name as a fictitious entity in Florida in April, canceled and re-registered it in May — and canceled the registration again July 21 in a transaction that involved a hotel fax machine in Montevideo, Uruguay, [...]

Sen. Edward M. Kennedy, the “liberal lion” of the U.S. Senate and the head of America’s iconic political family, died late last night at his home in Hyannis Port, Mass. He was 77. Sen. Kennedy was diagnosed with brain cancer in May 2008. “Ted Kennedy was an iconic, larger than life United States senator whose [...]

UPDATED 8:19 P.M. EDT (U.S.A.) Motions to intervene in the civil forfeiture case against AdSurfDaily Inc. are pouring into U.S. District Court for the District of Columbia. The motions are filed pro se and may be the result of an organized effort by an AdSurfDaily upline. The motions claim the government now owes ASD members [...]

Reports that the government has been given until Aug. 28 to demonstrate AdSurfDaily is a Ponzi scheme are false. The false reports have been circulating among ASD members and are driven by at least one upline sponsor. Fact is, ASD President Andy Bowdoin has been given until Aug. 28 to show cause why his motion [...]

UPDATED 11:18 A.M. EDT (U.S.A. AUG. 25) Two men identified as having significant positions of financial trust inside AdViewGlobal (AVG) discharged more than $1.6 million in separate bankruptcy filings, records show. One man used a mail drop as his street address in a 2004 bankruptcy filing that discharged $261,474 while claiming only $6,375 in assets, [...]

In 2006 and 2007, AdSurfDaily Inc. used the services of Virtual Money Inc., a debit-card provider accused last year of laundering money for a major narco business in Medellin, Colombia. ASD also has been linked to the CEP Ponzi scheme, the PhoenixSurf Ponzi scheme (which also used Virtual Money debit cards), the 12DailyPro Ponzi scheme [...]

A receiver appointed to review financial records of Affiliate Strategies Inc. and related companies named defendants in a fraudulent government-grants scheme last month advised a federal judge that the companies were insolvent and had less than one day’s operating cash requirements in their bank accounts. Astonishingly, receiver Larry Cook advised U.S. District Judge Julie A. [...]

EDITOR’S NOTE: Information in this story was gleaned Tuesday and Wednesday from a source who spoke to the PatrickPretty.com Blog on the condition of anonymity. We interviewed the source Wednesday. The source said a large group of individuals once loyal to Andy Bowdoin no longer could stand in his corner. “We got mixed up in [...]

UPDATED 10:56 P.M. EDT (U.S.A.) Autosurf participant? Fan of international “stored value” debit cards to offload your profits? You should have a lump in your throat about the size of, say, the Dominican Republic right now. The U.S. Drug Enforcement Administration (DEA) has audio and photographic evidence of Virtual Money Inc. President Robert Everett Hodgins [...]

UPDATED 9:24 A.M. EDT (U.S.A.) “Life in These United States” now means that staid Reader’s Digest, hamstrung by debt during a recession and competing in an era unfriendly to print publications, will declare bankruptcy. The news comes on the heels of an announcement Friday by the FDIC that five more U.S. banks had failed, bringing [...]

UPDATED 2:55 P.M. EDT (U.S.A.) In a short Business Wire news release late this morning, Vana Blue Inc. said it “has canceled all agreements with Karveck Int’l and has no affiliation with [the] company or its affiliates.” The company claimed to own Karveck International in February 2009, declaring it a “newly acquired asset” that had [...]

UPDATED 9:49 A.M. EDT (U.S.A.) A Dallas-based company and its president were charged in a sealed indictment in April 2008 with helping a Colombian cocaine operation launder money by providing debit cards that were used to convert drug proceeds to cash in Medellin. The company — Virtual Money Inc. — once provided debit cards to [...]

The coming hours and days may mark the end of AdSurfDaily. Fragmentation, fractiousness and bitterness are marking ASD’s final descent into infamy. Steve Watt of TheJoyLuckClub, for instance, is accusing the Mods at the Pro-ASD Surf’s Up forum of covering up for Andy Bowdoin and AdViewGlobal (AVG), an offshoot of ASD. We wish we could [...]