AutoSurf Misery Index

Now, ‘TelexMOB’

Now, 'TelexMOB'

UPDATED 11:25 A.M. EDT U.S.A. Something calling itself “TelexMOB” has established a web presence this month. A logo resembling that of TelexFree — an alleged Ponzi- and pyramid scheme said to have gathered $1.8 billion across national borders — appears on the site. BehindMLM.com was first with the news today. The PP Blog has sent […]

TelexFree Figure Carlos Costa Suffers Heart Attack

TelexFree Figure Carlos Costa Suffers Heart Attack

EDITOR’S NOTE: On Sept. 4, a PP Blog reader who understands Portuguese posted a link to a Globo.com story that confirms from a medical source that Carlos Costa suffered a heart attack on Sept. 2 and is being treated at Meridional Hospital in Cariacica in the state of EspĂ­rito Santo. Here is a link in […]

URGENT >> BULLETIN >> MOVING: SEC Charges TelexFree, Executives And Key Promoters — Including Sann Rodrigues And Faith Sloan

URGENT >> BULLETIN >> MOVING: SEC Charges TelexFree, Executives And Key Promoters -- Including Sann Rodrigues And Faith Sloan

URGENT >> BULLETIN >> MOVING: (19th Update 5:45 p.m. ET U.S.A.) The U.S. Securities and Exchange Commission (SEC) has filed charges against the alleged TelexFree pyramid scheme and a federal judge has granted an asset freeze. TelexFree was a sham to mask an investment scheme known as “AdCentral” in which affiliates were told they could […]

BREAKING NEWS: AdVentures4U, New Darling Of Surf World, Says It Was Threatened; Note Says Cashouts Will Be Suspended Soon And Members Will Have To Make Do With Their ‘Advertising’ Purchases; Ponzi Forums In Uproar

UPDATED 11:57 A.M. EDT (U.S.A.) There are widespread reports this morning that AdVentures4U (ADV4U), the new darling of the autosurf world, is suspending “revenue sharing” and that its owner was threatened. The reports come on the heels of various reports that the surf slashed payout rates and poured money into a gold-buying business known as […]

BREAKING NEWS: Did AdViewGlobal Cancel Florida Registration By Fax From Hotel In Uruguay?

BREAKING NEWS: Did AdViewGlobal Cancel Florida Registration By Fax From Hotel In Uruguay?

UPDATED 7:53 P.M. EDT (U.S.A.) AdViewGlobal (AVG), which also is known as the AV Global Association (AVGA), registered the association name as a fictitious entity in Florida in April, canceled and re-registered it in May — and canceled the registration again July 21 in a transaction that involved a hotel fax machine in Montevideo, Uruguay, […]

UPDATE: Vana Blue Website Still Offline; No Pinksheet Stock Activity For Seven Trading Days Amid Maze Of Claims

Not a single share of Vana Blue’s penny stock has traded hands since July 30, a period of seven full trading days, according to Yahoo Finance. In news releases, Vana Blue identified itself as the owner of eWalletPlus, a payment processor later linked to the AdViewGlobal (AVG) autosurf. Vana Blue, which used mailing services in […]

Roster: Are These Autosurfs In Litigation? Troubled?

Roster: Are These Autosurfs In Litigation? Troubled?

Back in August we began to cover AdSurfDaily Inc., a Florida company accused of being an illegal enterprise. Federal prosecutors said ASD, an autosurf, was selling unregistered securities by calling itself an “advertising” company and running a $100 million Ponzi scheme. A sister site, LaFuenteDinero, was named in the same federal forfeiture complaint. So was […]