Archive for September 22nd, 2009

Judge Orders Scam Artist To Turn Over Home Or Face Jail; Defendant Played ‘Trust’ Game To Thwart Receiver

A federal judge found a man implicated in an elaborate fraud scheme in contempt of court and ordered him to turn over his Las Vegas home to a court-appointed receiver or go to jail. It was the second time Richard C. Neiswonger was found to have been in contempt of court, according to the Federal […]

THEY’RE GUMBY, DAMMIT! Purported ASD ‘Flexible’ Plan Now So Flexible It Changes With Every Argument

THEY'RE GUMBY, DAMMIT! Purported ASD 'Flexible' Plan Now So Flexible It Changes With Every Argument

UPDATED 12:35 P.M. EDT (U.S.A.) They’re Gumby, dammit! Some AdSurfDaily supporters now claim that the company could not have been operating as a Ponzi scheme — and therefore cannot be guilty of wire fraud and other crimes — because it had a “flexible” business plan. Under this theory, “flexible,” in part, means ASD did not […]