Category: Ad Surf Daily
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BULLETIN: New Affidavit Filed By Andy Bowdoin Appears To Be At Odds With Claims He Made In September
A sworn affidavit filed today by AdSurfDaily President Andy Bowdoin appears to make claims that are the polar opposite of claims he made in a sworn affidavit witnessed by a notary public and filed in federal court Sept. 15. Separately, Bowdoin’s lawyer, Charles A. Murray, filed a brief that may be the opening volley in…
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Split In Bowdoin/Harris Family? Members Described As ‘Very Much’ Divided; At Least One Family Member Said To Have Contacted Federal Prosecutors
UPDATED 12:01 P.M. ET (U.S.A.) Has the pressure of being challenged on multiple legal fronts led to a split in the extended family of AdSurfDaily President Andy Bowdoin? The depths of any split are unclear, and it is believed that Bowdoin has the continued support of some members of the Bowdoin/Harris family. But interviews conducted…
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While Asking Members To Input License-Plate Numbers And Citing U.S. Based AMBER Alert In Promos, Data Network Affiliates Lists Domain-Registration Address In Cayman Islands
UPDATED 2:37 P.M. ET (March 5, U.S.A.) If the United States or any U.S. based police agency were to purchase database entries from Data Network Affiliates (DNA), the government and the agencies would be purchasing information from a company that uses a Cayman Islands address. Even as it suggests the U.S.-based AMBER Alert program is…
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Feds Charge Husband And Wife In Alleged Work-At-Home Scheme; Philip Pestrichello Is Recidivist Offender
EDITOR’S NOTE: Recidivism, the tendency to continue committing crimes or breaking laws even after getting caught and perhaps even going to prison, is a common theme in the scam universe. It has been an element in many recent cases we’ve written about, including the AdSurfDaily Ponzi scheme case (principals Andy Bowdoin and Clarence Busby had…
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PROSECUTORS: Man Operated Identity-Theft Fraud Scheme While Out On Bond In Ponzi Scheme Case; Bryant R. Filter Sentenced To 135 Months In Federal Prison
While completing its investigation of Bryant R. Filter for operating an insurance Ponzi scheme, the U.S. Postal Inspection Service discovered Filter was operating a second fraud scheme, federal prosecutors said. Filter, 39, of Mars, Pa., now has been sentenced to 135 months in federal prison for the Ponzi fraud, and a second scheme in which…
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3 Plead Guilty In Bizarre Shakedown Bid In Anthony Vassallo/EIMT Ponzi Case; 1 Pleads To Conspiracy To Impersonate An Officer
Three individuals who attempted to shake down the operators of a hedge fund associated with the alleged Equity Investment Management and Training Inc. (EIMT) Ponzi scheme have pleaded guilty in California for their roles in the shakedown bid. Craig Anderson, 39, of Chicago, pleaded guilty to conspiracy to impersonate a federal officer and employee; Cassandra…
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FBI Makes Ponzi Arrest In California; Peter Jerald Frommer Faces Up To 233 Years Behind Bars If Convicted On All Counts
UPDATED 5:23 P.M. ET (U.S.A.) A California man has been arrested by the FBI and IRS criminal investigators in an alleged Ponzi scheme involving $12 million. Peter Jerald Frommer was taken into custody this morning, after a federal grand jury returned a 17-count indictment yesterday. Frommer, 34, formerly of Malibu, was charged with two counts…
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Frank Constantino Convicted Of Racketeering-Related Charges In Georgia Securities Fraud Case With Ties To Belize; Victim In $2.7 Million Scheme Was 83-Year-Old Woman
A Georgia man potentially faces decades in prison after being convicted yesterday of racketeering-related charges. Frank Constantino, 65, of Marietta, was a recidivist securities offender previously disciplined in Missouri for a Bahamas-based scheme and also linked to a scheme in Belize, officials said. He now faces up to 95 years in prison after his conviction…
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FBI: Investigators ‘Wrapping Up’ Decade-Long Probe Into ‘Pump And Dump’ Penny-Stock Schemes That Caused ‘Hundreds Of Millions’ In Losses
UPDATED 2:46 P.M. ET (U.S.A.) And to think a cheerleader for AdSurfDaily once boasted online that Megalido was “offshore” and therefore safe from government meddling, after earlier suggesting that ASD members who did not support the company after Ponzi allegations surfaced perhaps would get dragged off in handcuffs while supporters remained free. To further chill…
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POSTAL INSPECTORS: Ponzi Scheme Targeted Filipino Community In New York; Razel Canedo Arrested In Atlantic City In ‘Nanny’ Ponzi Scheme
EDITOR’S NOTE: If you’re keeping a “Bubba Blue” notebook on the ways to have a Ponzi scheme as opposed to having shrimp, here’s one you might want to list: an alleged “Nanny” Ponzi scheme. In yet another case that couples Ponzi and affinity fraud, Razel Canedo was charged with targeting Filipino immigrants in Greater New…
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NarcThatCar: Site Operates As MLM, Says Members Earn By Writing Down License-Plate Numbers; Links Itself To Amber Alert Program
NarcThatCar wants you to pay it $100 up front. For that fee, you become a “consultant” qualified to write down the license-plate numbers of 10 cars per month, input the information into a database and earn multilevel commissions by recruiting. After you pay the $100, you’re then charged $24.95 a month for a website, according…