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Plaintiffs Say BOA Dismissal Motion Should Be Denied, Ask Court To Note 80/20 Plan And SolidTrustPay Activity, Cite ASD Payoff Of Mortgage Held By AdViewGlobal Owners

Plaintiffs Say BOA Dismissal Motion Should Be Denied, Ask Court To Note 80/20 Plan And SolidTrustPay Activity, Cite ASD Payoff Of Mortgage Held By AdViewGlobal Owners

A federal judge should deny Bank of America’s motion to be dismissed as a defendant in a case that alleges it aided and abetted racketeers operating a massive Ponzi scheme from a former floral shop in Quincy, Fla., the plaintiffs argued yesterday.
Bank of America is not named a RICO defendant in the case, which was [...]

What Happened To ASD’s Money In Canada?

UPDATED 12:42 P.M. EDT U.S.A (SEE BOTTOM OF POST FOR STATEMENT FROM SOLID TRUST PAY)
Over the weekend, some AdSurfDaily members reported they had received what amounts to partial refunds for money they spent in ASD. The members said they received the payment notifications in an email marked as a “final” refund through SolidTrustPay, a payment [...]

Aggero Investment Surf In Slow-Mo Tank On Heels Of Earlier Failure Of Premium Ads Club: Bad Week For ‘Industry’

Earlier this week we reported on the failure of Premium Ads Club (PAC). Now a surf with close ties to PAC is in its death spiral. Aggero Investment says tomorrow will be its last day, absent a miracle that will prevent a run on the bank as investors race to collect returns advertised at 60 [...]

Words That Should Become The New ‘Shot Heard ‘Round The World’ Spoken By Former CFTC Enforcement Chief

Words That Should Become The New 'Shot Heard 'Round The World' Spoken By Former CFTC Enforcement Chief

By coincidence the words appear in the 13th paragraph of a Chicago Tribune story invoking investors’ sustained lack of luck and reporting on a new series of Ponzi schemes the U.S. Commodity Futures Trading Commission is investigating.
The words were spoken by Gregory Mocek, former CFTC enforcement director, and are the most important words spoken to [...]

MegaLido Members Take A Pounding

Reports online suggest MegaLido members are receving paltry refunds of less than 10 percent from the payment processors they used to fund their MegaLido accounts
The precise percentage of the refunds is unclear. What is clear is that MegaLido is yet another autosurf that went bust.
MegaLido was widely promoted by members of AdSurfDaily in the aftermath [...]