Ad Surf Daily

Baton Rouge Cop-Killer Was ‘Sovereign Citizen’ And ‘Moor’ — And Also Claimed To Have Been In Dallas

Gavin Eugene Long, the alleged mass murderer of police officers in Baton Rouge yesterday, was a “sovereign citizen” and “MOOR,” according to a bizarre filing in his name last year with the recorder of deeds in Jackson County, Mo. The news of the filing appeared in the Kansas City Star. Here is a copy of […]

Grand Jury Was Meeting When Some Zeekers Waged Misinformation Campaign; Prosecutors Question Veracity Of Burks’ ‘Handwritten Notebooks’

Grand Jury Was Meeting When Some Zeekers Waged Misinformation Campaign; Prosecutors Question Veracity Of Burks' 'Handwritten Notebooks'

New filings by federal prosecutors in the criminal case against Zeek’s Paul Burks reveal that a grand-jury investigation was under way within days of the SEC’s Aug. 17, 2012, shutdown of the “program” and confirmation by the U.S. Secret Service that it also was investigating Zeek. Burks was subpoenaed by the grand jury on Aug. […]

FEDS: Having Pocketed $11 Million In 2011, Burks Plowed Forward With Zeek, Despite Knowledge Of AdSurfDaily Ponzi Case

FEDS: Having Pocketed $11 Million In 2011, Burks Plowed Forward With Zeek, Despite Knowledge Of AdSurfDaily Ponzi Case

“Rather, [Andy] Bowdoin manufactured the revenue numbers to deceive members into believing that they could reasonably expect to receive an average daily return on their investment with [AdSurfDaily] of at least 1%. This percentage in no way corresponded to the daily revenue that ASD was generating, but had been determined by ASD’s operators to be […]

Individual Linked To Payment Processor For ‘MyAdvertisingPays’ Scheme Listed In Panama Papers

Individual Linked To Payment Processor For 'MyAdvertisingPays' Scheme Listed In Panama Papers

Roger Alberto Santamaria Del Cid, an apparent nominee director for offshore companies who is listed as a corporate “subscriber” for VX Gateway in Panamanian business records, is referenced at least three times in the “Panama Papers.” The PP Blog discovered the Del Cid listings today. On Monday, the International Consortium of Investigative Journalists made its database of […]

Banners Broker Figure May Be Using ‘Sovereign Citizen’ Tactics On Canadian Court Officials

Banners Broker Figure May Be Using 'Sovereign Citizen' Tactics On Canadian Court Officials

Remember when Simon Stepsys — now with the cross-border MyAdvertisingPays scheme — was pushing the uber-bizarre Banners Broker cross-border scheme? New court filings in Canada by the receiver and liquidators in the Banners Broker case now estimate the total haul of the alleged double-your-money pyramid scam at more than $156 million. That’s up from an […]

At Chicago Symposium, SEC Highlights Pyramid Scheme Task Force And Notes ‘Whack-A-Mole’ Nature Of Online Scams

At Chicago Symposium, SEC Highlights Pyramid Scheme Task Force And Notes 'Whack-A-Mole' Nature Of Online Scams

“These frauds are easily duplicated, and at times, we find ourselves playing ‘whack-a-mole,’ chasing the same set of fraudsters who, after feeling a bit of heat, simply close down one scheme and quickly set up a new one under a different name.” — Andrew Ceresney, SEC Enforcement Division director, March 2, 2016 EDITOR’S NOTE: Type […]

SPECIAL REPORT: Zeek Money May Be In Collapsed Russian Bank

SPECIAL REPORT: Zeek Money May Be In Collapsed Russian Bank

EDITOR’S NOTE: For background, see Feb. 17 PP Blog story: RECEIVER: Payza And Payment World ‘Facilitated’ Zeek Ponzi Scheme; Whereabouts Of $13.1 Million An ‘Open Question’ (Updated 11:14 a.m. ET U.S.A.) Money due victims of Zeek Rewards from transactions involving Payza and Payment World may have been transferred from VictoriaBank in Moldova to JSC TusarBank in […]

RECEIVER: Payza And Payment World ‘Facilitated’ Zeek Ponzi Scheme; Whereabouts Of $13.1 Million An ‘Open Question’

RECEIVER: Payza And Payment World 'Facilitated' Zeek Ponzi Scheme; Whereabouts Of $13.1 Million An 'Open Question'

Zeek Rewards’ receiver Kenneth D. Bell has gone to federal court in the Western District of North Carolina, alleging that the Payza and Payment World payment processors “facilitated” the epic cross-border Zeek Ponzi- and pyramid scheme. More than $13.1 million in funds from North Carolina-based Zeek that could be used to compensate victims ended up in […]

FBI: Convicted Murderer And Cross-Border E-Bullion Fraudster James Fayed Was Scamming The Scammers

FBI: Convicted Murderer And Cross-Border E-Bullion Fraudster James Fayed Was Scamming The Scammers

Still pushing Ponzi-board schemes in the age of cross-border fraud and terrorism? In a retrospective on the 2008 E-Bullion case, a retired FBI special agent says convicted murderer James Fayed was scamming HYIP scammers. “He just pocketed the money from all these high-yield investment programs after they ran,” said Maura Kelley. “And the money continued to come […]

DEVELOPING STORY: Proposed Settlement Agreement With Zeek Receiver May Wipe Out MLM Attorneys And Law Firm

DEVELOPING STORY: Proposed Settlement Agreement With Zeek Receiver May Wipe Out MLM Attorneys And Law Firm

DEVELOPING STORY: (5th Update 8:18 p.m. ET U.S.A.) MLM attorneys Gerald Nehra and Richard Waak will sign a confession of judgment for a whopping $100 million and acknowledge that Zeek parent Rex Venture Group “in fact operated an unlawful Ponzi and pyramid scheme” under the terms of a settlement agreement with Zeek Rewards’ receiver Kenneth D. Bell, according to new […]

MyAdvertisingPays Pulls Out Of America, Leaving U.S. Affiliates In The Lurch; Cross-Border Scheme Alleges Libel, Defamation

MyAdvertisingPays Pulls Out Of America, Leaving U.S. Affiliates In The Lurch; Cross-Border Scheme Alleges Libel, Defamation

EDITORIAL: In April 2015, the PP Blog reported that a promo on YouTube put words in the mouth of President Obama and depicted him as a pitchman for MyAdvertisingPays, a cross-border scheme with  promoters in common with the alleged Zeek Rewards and TelexFree Ponzi- and pyramid schemes. “My AdvertisingPays pays its members every 20 minutes,” a mimicked […]