Government Has Andy Bowdoin’s Handwritten Notes And Other Devastating Evidence Against AdSurfDaily — Report Coming Soon . . .

Andy Bowdoin

NOTE TO READERS: Some of the evidence federal prosecutors have in the Ponzi scheme case against AdSurfDaily President Andy Bowdoin is coming into clearer focus. The PP Blog expects to publish a report within the next couple of hours.

Our report is based on an affidavit originally filed under seal by the U.S. Secret Service in February 2009, during a time in which some ASD members were promoting a purported “offshore” autosurf known as AdViewGlobal — even after the August 2008 seizure of tens of millions of dollars from Bowdoin’s bank accounts amid wire-fraud and securities allegations.

The affidavit builds on earlier affidavits and paints a picture of a worried Bowdoin at the helm of ASD — and of astonishing corruption and deceit within ASD leading up to the summertime seizure nearly three years ago.

Instead of pulling the plug on his crime before investors were ruined, Bowdoin ramped up the criminality and sought to sanitize it, going so far as to trade falsely on the name of the President of the United States and permit others to do so, according to the Secret Service affidavit.

Much of the information in the affidavit never before has been published, although it was previously known that Bowdoin allegedly tried to tie ASD to the White House to disarm skeptical investors and keep the firm’s money wheel greased.

Here is a verbatim snippet from the affidavit:

“Hand-written notes that Bowdoin prepared in about December 2006 (which were recovered in August 2008, during a search warrant at Bowdoin’s home) show his and his silent partner’s awareness of the risks of the auto-surf program they were conducting. Bowdoin’s notes indicate that he told his silent partner that the partner should have made him better aware of those risks ‘knowing regulators were on the prowl for surfing sites.'”

Translation: Bowdoin knew at least 18 months prior to his June 2008 trip to Washington to receive the “Medal of Distinction” that ASD was playing with fire.

The “medal” was not a presidential acknowledgment of Bowdoin’s business acumen. Rather, it was a “marketing” memento from the National Republican Congressional Committee, according to the affidavit.

And the affidavit also spells out other things Bowdoin allegedly knew while he was touting Presidential recognition of his business career. (We’ll write about those things in the upcoming story.)

The February 2009 affidavit was prepared in part to seize more than $413,000 held in the bank accounts of certain ASD members from Iowa — and also to seize more than $310,000 in the bank accounts of two other ASD members: one from Florida, the other from Missouri.

At least $10,510 of the amount the government moved to seize was traceable to E-Bullion, according to the affidavit.

E-Bullion is a shuttered California money-services business whose operator, James Fayed, was convicted last month of ordering the murder of his estranged wife, Pamela Fayed, a potential witness against him.

Fayed faces the prospect of execution for the murder. The jury recommended the death penalty earlier this month. Formal sentencing is scheduled for September.

Get ready for some prosecutorial bombshells in the ASD case . . .

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4 Responses to “Government Has Andy Bowdoin’s Handwritten Notes And Other Devastating Evidence Against AdSurfDaily — Report Coming Soon . . .”

  1. Please make my day and tell me the Iowa connection is related to Mindy Bales. Interesting, I look forward to reading it.

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  2. Could it be about Bo Beckman from 13DailyPro? I was about to publish a comment on the information that you had on this man on another forum but links where it could be published without my getting a bashing for being off topic have vanished.

    Hope that you have some news before midnight GMT.

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  3. “Bowdoin allegedly tried to tie ASD to the White House to disarm skeptical investors and keep the firm’s money wheel greased.”

    Patrick:

    You have to remember that according to the Bowdoin Supporters they were not investors but rather advertisers. Please correct your above statement.

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  4. Jack Arons: “Bowdoin allegedly tried to tie ASD to the White House to disarm skeptical investors and keep the firm’s money wheel greased.”Patrick:You have to remember that according to the Bowdoin Supporters they were not investors but rather advertisers. Please correct your above statement.

    LOL

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