Comments on: FEDS: Man Bilked $10 Million In Ponzi Scheme That Traded On Name Of The Famous NASCAR Brand http://patrickpretty.com/2009/12/15/feds-man-bilked-10-million-in-ponzi-scheme-that-traded-on-name-of-the-famous-nascar-brand/ Ponzi Schemes. Securities fraud. HYIP Schemes. Pyramid Schemes. Investment Fraud. Internet Crime. Fri, 30 Jul 2010 14:11:47 +0000 hourly 1 http://wordpress.org/?v=3.0 By: A Random Walk Rant http://patrickpretty.com/2009/12/15/feds-man-bilked-10-million-in-ponzi-scheme-that-traded-on-name-of-the-famous-nascar-brand/comment-page-1/#comment-8233 A Random Walk Rant Wed, 16 Dec 2009 11:37:55 +0000 http://patrickpretty.com/?p=5187#comment-8233 On the discussion topic of race car purchases it should be remembered that the gang at Stormpay purchased a small track race car right before they collapsed along with 12DailyPro. ARWR On the discussion topic of race car purchases it should be remembered that the gang at Stormpay purchased a small track race car right before they collapsed along with 12DailyPro.

ARWR

]]> By: admin http://patrickpretty.com/2009/12/15/feds-man-bilked-10-million-in-ponzi-scheme-that-traded-on-name-of-the-famous-nascar-brand/comment-page-1/#comment-8213 admin Wed, 16 Dec 2009 02:21:24 +0000 http://patrickpretty.com/?p=5187#comment-8213 Quick note: Just remembered that ASD's Bowdoin also used the name of the Miss America Organization in a conference call in September: http://patrickpretty.com/2009/09/26/editorial-google-the-white-house-and-miss-america/ The U.S. Secret Service transcribed this call and brought it to the attention of a federal judge. The specific allegation prosecutors made in this September 2009 court filing was that Bowdoin was telling ASD members one story and a federal judge another. He told members the money the government seized belonged to them; he told the judge it belonged to him. http://patrickpretty.com/2009/09/28/breaking-news-prosecutors-go-back-to-court-provide-judge-copy-of-transcript-from-bowdoins-call-last-week/ Patrick Quick note:

Just remembered that ASD’s Bowdoin also used the name of the Miss America Organization in a conference call in September:

http://patrickpretty.com/2009/09/26/editorial-google-the-white-house-and-miss-america/

The U.S. Secret Service transcribed this call and brought it to the attention of a federal judge. The specific allegation prosecutors made in this September 2009 court filing was that Bowdoin was telling ASD members one story and a federal judge another.

He told members the money the government seized belonged to them; he told the judge it belonged to him.

http://patrickpretty.com/2009/09/28/breaking-news-prosecutors-go-back-to-court-provide-judge-copy-of-transcript-from-bowdoins-call-last-week/

Patrick

]]> By: admin http://patrickpretty.com/2009/12/15/feds-man-bilked-10-million-in-ponzi-scheme-that-traded-on-name-of-the-famous-nascar-brand/comment-page-1/#comment-8212 admin Wed, 16 Dec 2009 01:34:22 +0000 http://patrickpretty.com/?p=5187#comment-8212 Hi d_b, <blockquote cite="comment-8211"> <strong><a href="#comment-8211" rel="nofollow">dirty_bird</a></strong>: When Kasey Kahne was driving for Ray Evernham a few years ago, I saw a NASCAR Ponzi posted on TalkGold and forwarded all the info to Evernham Motorsports via their website as cutout of Kahne was featured in the Ponzi’s ads and logo. I have no clue if this is related or if Evernham took any action but it would be nice if they had. </blockquote> Thanks for the note. Your post reminded me that ASD promoters also were saying the company was going to sponsor a race car. Regards, Patrick Hi d_b,

dirty_bird: When Kasey Kahne was driving for Ray Evernham a few years ago, I saw a NASCAR Ponzi posted on TalkGold and forwarded all the info to Evernham Motorsports via their website as cutout of Kahne was featured in the Ponzi’s ads and logo. I have no clue if this is related or if Evernham took any action but it would be nice if they had.

Thanks for the note. Your post reminded me that ASD promoters also were saying the company was going to sponsor a race car.

Regards,

Patrick

]]> By: dirty_bird http://patrickpretty.com/2009/12/15/feds-man-bilked-10-million-in-ponzi-scheme-that-traded-on-name-of-the-famous-nascar-brand/comment-page-1/#comment-8211 dirty_bird Wed, 16 Dec 2009 01:30:44 +0000 http://patrickpretty.com/?p=5187#comment-8211 When Kasey Kahne was driving for Ray Evernham a few years ago, I saw a NASCAR Ponzi posted on TalkGold and forwarded all the info to Evernham Motorsports via their website as cutout of Kahne was featured in the Ponzi's ads and logo. I have no clue if this is related or if Evernham took any action but it would be nice if they had. Nice to see these go down rapidly or so it seems lately. Perhaps it's just good reporting.... When Kasey Kahne was driving for Ray Evernham a few years ago, I saw a NASCAR Ponzi posted on TalkGold and forwarded all the info to Evernham Motorsports via their website as cutout of Kahne was featured in the Ponzi’s ads and logo. I have no clue if this is related or if Evernham took any action but it would be nice if they had.

Nice to see these go down rapidly or so it seems lately. Perhaps it’s just good reporting….

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