Archive for August 17th, 2009

BREAKING NEWS: Vana Blue Inc. Says Karveck International Deal Is Off; News Release Raises New Questions About Ownership Of AdViewGlobal Autosurf

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 […]

DEVELOPING STORY: Firm That Provided AdSurfDaily Debit Card Indicted; Feds Say Virtual Money Inc. Helped Colombian Drug Operation Launder Money In Medellin

DEVELOPING STORY: Firm That Provided AdSurfDaily Debit Card Indicted; Feds Say Virtual Money Inc. Helped Colombian Drug Operation Launder Money In Medellin

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 […]