PatrickPretty.com

Category: Alleged Ponzi Schemes

DEVELOPING STORY: Message Board For Members Of ‘OneX’ Scheme Pushed By Accused Ponzi Schemer Andy Bowdoin Claims ‘Transfer Funds’ Option Disabled Because Members Are Using ‘Stolen Credit Cards,’ Source Says

A bulletin board accessible only through the back offices of members of the purported “OneX” program includes a message that the program has disabled a “Transfer Funds” option because a “recent investigation” has determined that members “have been depositing funds from stolen credit cards and transferring this tainted money to hundreds of other members of…

Oct 28, 2011
BULLETIN: California Man, Wife And 68-Year-Old Mother Arrested In Alleged Bail-Bond Ponzi Scheme Tied To Bogus Company

EDITOR’S NOTE: If you’ve been keeping a “Bubba Blue” notebook on ways to have your Ponzi scheme as opposed to shrimp, here is another entry . . . BULLETIN: A California man, his wife and his Indiana-based mother have been arrested in an alleged $2.5 million Ponzi scheme tied to a bogus insurance company known…

Oct 28, 2011
UPDATE: AdSurfDaily’s Andy Bowdoin Has Participated In At Least 3 Webinars For ‘OneX’ This Week; Calls Murky Business A ‘Financial Bailout Program For The Average Person’; Accused Ponzi Schemer Implies ASD Was ‘Tremendous’ Success And That People Who Listen To Him Are In ‘Top 10 Percent’

UPDATE: Awaiting his Ponzi scheme trial on charges of wire fraud, securities fraud and selling unregistered securities, AdSurfDaily President Andy Bowdoin has participated this week in at least three webinars for a mysterious program known as “OneX.” OneX is a program pushed on Ponzi boards such as TalkGold and MoneyMakerGroup. It appears to be an…

Oct 28, 2011
BULLETIN: Already Sentenced To 30 Years In California Ponzi Caper, Purported ‘Sovereign Citizen’ Thanh-Viet ‘Jeremy’ Cao Gets More Time In Nevada False-Liens Case

BULLETIN: Thanh-Viet “Jeremy” Cao, the California Ponzi schemer and purported “sovereign citizen” who was sentenced in May to 30 years in federal prison for the Ponzi caper, now has been sentenced to an additional 41 months for a Nevada crime in which he filed false liens for hundreds of millions of dollars against government officials.…

Oct 27, 2011
STATEMENT: PP Blog Experiencing Unusual Traffic Pattern During Anniversary Week Of Last Year’s Crippling Attack; Blog Confirms It Received A Claim Of Responsibility In April For Springtime Outage

At approximately 2:06 p.m. EDT Monday, the PP Blog began to experience an unusual traffic pattern. In the past, such patterns have been the precursors of sustained electronic assaults against the Blog. The unusual pattern reoccurred yesterday, and the Blog contacted a federal law-enforcement agency. The agency is aware of a server-killing assault on the…

Oct 26, 2011
URGENT >> BULLETIN >> MOVING: American Red Cross Sends ‘Cease-And-Desist’ Letter To Asteria Foundation

URGENT >> BULLETIN >> MOVING: The American Red Cross, which opened a probe last week into the potential misuse of its name and logo by the Asteria Philanthropic Foundation, has sent the foundation a letter to cease and desist. Anne Marie Borrego, a spokeswoman for the Red Cross in Washington, D.C., said this morning that…

Oct 26, 2011
DEVELOPING STORY: Awaiting Trial, Accused AdSurfDaily Schemer Andy Bowdoin Resurfaces As Pitchman For OneX, ‘Opportunity’ Flogged On Ponzi Forums; ‘I Believe That God Has Brought Us OneX To Provide The Necessary Funds To Win This Case,’ Indicted ASD Patriarch Claims; ‘This Program Can Provide You With Earnings Beyond Your Wildest Imagination . . .’

EDITOR’S NOTE: The PP Blog may have more on this developing story in the coming days. In a bizarre development, accused Ponzi schemer Andy Bowdoin of AdSurfDaily told webinar listeners yesterday that he intended to fund his criminal defense to charges of wire fraud, securities fraud and selling unregistered securities through a purported business opportunity…

Oct 25, 2011
BULLETIN: Andy Bowdoin Trial Date Set For Late September Of 2012; Both Sides In Case Have Nearly A Year To Prepare Before Jury Will Hear Ponzi Testimony

BULLETIN: The Ponzi scheme trial of AdSurfDaily President Andy Bowdoin is scheduled to begin on Sept. 24, 2012, 11 months from today, the PP Blog has learned. A status hearing on the case was held in the District of Columbia Friday. U.S. District Judge Rosemary Collyer presided. Bowdoin is charged with wire fraud, securities fraud…

Oct 24, 2011
DONATION POST: A Year Ago On The PP Blog . . .

Dear Readers, A year ago this week, the PP Blog suffered the first of a series of vicious electronic attacks that knocked it offline. The attacks continued into November of 2010 — and then followed the Blog into the new year. The attacks coincided with the Great (And Continuing) Publishing Slump, bringing on higher costs…

Oct 23, 2011
Authorities In Virginia Neither ‘Confirm [N]or Deny’ That Investigation Into Club Asteria Is Under Way; Firm Whose Growth Was Fueled On Ponzi Boards Before Cashout Suspension And CONSOB Probe Is Not Registered To Sell Securities In The State

UPDATED 4:14 P.M. EDT (U.S.A.) Club Asteria, the offshoot of Virginia-based Asteria Corp. and the apparent braintrust behind an emerging entity known as the Asteria Philanthropic Foundation, is not registered to sell securities in Virginia, the state said Thursday. Neither is Asteria Corp., according to state records. Citing confidentiality laws, the state declined to say…

Oct 22, 2011
BULLETIN: General Counsel’s Office Of American Red Cross Investigating Potential Case Of Brand Leeching By Club Asteria After Red Cross Logo Appears On Purported ‘Philanthropic’ Site And Inside Club Asteria’s October House Organ

BULLETIN: The Office of the General Counsel of the American Red Cross in Washington, D.C., has opened a probe into the potential misuse of the Red Cross logo and name by Club Asteria and an entity known as the Asteria Philanthropic Foundation or the Asteria Foundation. Depending on how the investigation evolves in the coming…

Oct 20, 2011