PatrickPretty.com – Page 144 – "Ponzi schemes Securities fraud HYIP schemes Pyramid schemes Investment fraud Internet crime"

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URGENT >> BULLETIN >> MOVING: AdSurfDaily Ponzi Scheme Example Of ‘Insidious’ Financial Crime, Head Of Justice Department’s Criminal Division Says; Top Officials, U.S. Secret Service Issue Statement In Support Of Victims; Obama Task Force Monitoring ASD Case

URGENT >> BULLETIN >> MOVING: The AdSurfDaily Ponzi scheme is an example of an “insidious” financial crime, the head of the U.S. Department of Justice’s Criminal Division said moments ago in a special statement on how forfeiture laws were used to protect ASD victims. Meanwhile, a top official of the U.S. Secret Service described Florida-based…

Sep 26, 2011
UPDATE: About 8,400 AdSurfDaily Members Will Receive Remissions Payments; Number Of Successful Claimants Exceeds Population Of ASD’s Home Base Of Quincy, Fla.; No Comment From Prosecutors On Curious Facebook Post From Apparent ASD Member

UPDATE: About 8,400 victims of the AdSurfDaily autosurf are receiving remissions payments of 100 percent of their losses, a source familiar with the process said today. The PP Blog first reported Thursday that the remissions payments would be 100 percent across the board to ASD victims who demonstrated a loss. On Friday, the Blog received…

Sep 26, 2011
URGENT >> BULLETIN >> MOVING: ASD Victim Says His Remissions Distribution Has Been Deposited — And That It Was 100 Percent

URGENT >> BULLETIN >> MOVING: The PP Blog has received the first report from an AdSurfDaily Ponzi victim that Rust Consulting Inc. has deposited his remissions distribution into his bank account and that the sum was 100 percent of his ASD loss. The money appeared in the member’s bank account this morning. Rust is the…

Sep 23, 2011
MAJOR DEVELOPMENT: AdSurfDaily Remissions Payments Will Be 100 Cents On The Dollar; ‘Thousands’ Of Payments To Go Out; ‘Overwhelming Majority’ Of Claims Approved; Members React With Joy

“Thousands” of AdSurfDaily Ponzi victims with approved claims will receive remissions payments of “100 percent” in the coming days, a source familiar with the process tells the PP Blog. It is quite rare “to have a remissions program that comes back with 100 percent,” the source said. The claims process was administered by Rust Consulting…

Sep 22, 2011
DONATION-BUTTON POST: A Word Of Thanks And A Word Of Remembrance As The PP Blog And Its Author Continue To Face Challenge Of Keeping Publication Online

Dear Readers, Another new month is approaching. There are bills to pay — and the usual lack of funds to pay them. As I noted in July, I am passing the hat reluctantly — but pass it I must. These posts always are the hardest to write. Although the Blog is highly relevant in the…

Sep 22, 2011
URGENT >> BULLETIN >> MOVING: AdSurfDaily Remissions Distributions Are Beginning

URGENT >> BULLETIN >> MOVING: UPDATED 5:21 P.M. EDT (U.S.A.) Remissions payments to AdSurfDaily members fleeced in an alleged global Ponzi scheme are beginning, a source tells the PP Blog. It was not immediately clear how Minnesota-based Rust Consulting Inc. — the government-approved claims administrator — would roll out the compensation plan and how long…

Sep 21, 2011
EDITORIAL: An Intriguing Question Raised By The Full Tilt Poker Allegations: What Is Real Online — And What Is Not?

In Manhattan yesterday, U.S. Attorney Preet Bharara accused the online company Full Tilt Poker of operating a massive Ponzi scheme on a global scale. The prosecution of Full Tilt began in April. The case includes multiple online poker companies as defendants. As the investigation evolved, the Full Tilt Ponzi scheme was detected, prosecutors said. It…

Sep 21, 2011
URGENT >> BULLETIN >> MOVING: Full Tilt Poker Was ‘Global Ponzi Scheme’ That Gathered ‘Hundreds Of Millions Of Dollars,’ Feds Say

URGENT >> BULLETIN >> MOVING: Federal prosecutors in New York say that Full Tilt Poker was a “global Ponzi scheme” that raked in “hundreds of millions of dollars” — while defrauding players and lining the pockets of insiders who used offshore bank accounts. Snippet from an amended complaint filed in the Southern District of New…

Sep 20, 2011
Accused Ponzi Scheme Felon Andy Bowdoin Launches Facebook Page, Asks Members To ‘Like’ Him And ‘Share’ Link To Defense Fundraising Site ‘Right Away’

After weeks of delays, a Facebook “Fan” page for accused Ponzi schemer Thomas Anderson “Andy” Bowdoin finally has launched. The site includes a link to “Andy’s Fundraising Army,” the web venue at which Bowdoin’s bid to raise $500,000 to pay for criminal lawyers has fallen 95 percent short of its goal. Bowdoin, 76, was arrested…

Sep 19, 2011
BULLETIN: Club Asteria Reconfigures E-Magazine, Removes All Content Related To Will Smith; Famed Entertainer’s Likeness Appeared Above ‘JOIN NOW’ Button

BULLETIN: UPDATED 11:04 P.M. EDT (U.S.A.) Club Asteria’s September 2011 e-magazine has been reconfigured, wiping out an entire page of content on entertainment icon Will Smith that created the appearance that the actor and rapper had endorsed the company and was serving as a spokesman. The reason for the removal and the precise time at…

Sep 18, 2011
BULLETIN: Man Whose Invesment License Was Revoked 6 Years Ago Arrested In California; Janamjot Singh Sodhi Suspected Of Hatching Swindle That Gathered At Least $2.4 Million, Feds Say

BULLETIN: A California man whose license to deal in investments was revoked in 2005 and was the subject of a desist-and-refrain order four years later has been arrested on charges be was operating a fraud scheme, federal prosecutors said. Janamjot Singh Sodhi, also known as Jimmy Singh, was arrested yesterday and will make a court…

Sep 16, 2011

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