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AdViewGlobal Ignores Express Public Denial By KINGZ That Business Relationship Existed; Surf Firm Sidesteps Wire Issue
After announcing Monday that it had a deal for members to purchase “advertising” beginning Tuesday through international wire transfers, the AdViewGlobal (AVG) autosurf now says it had no such deal. Rather, the surf said in a note signed “AVGA Management,” negotiations were “ultimately unsuccessful.” AVG did not explain how a deal described as completed —…
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SPECIAL REPORT: The Largely Unknown Bowdoin ‘Surf’
“But they that will be rich fall into temptation and a snare, and into many foolish and hurtful lusts, which drown men in destruction and perdition. For the love of money is the root of all evil.” — From 1 Timothy 6:9-10 He was hailed a Christian “genius,” and AdSurfDaily President Andy Bowdoin often invoked…
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BREAKING NEWS: KINGZ Capital Management Corp. Denies Any Ties To AdViewGlobal Autosurf, Launches Investigation Into AVG Wire Claim; Says Attorneys Are Monitoring Situation
UPDATED 2:59 P.M. EDT (U.S.A.) Claims by the AdViewGlobal (AVG) autosurf that KINGZ Capital Management Corp. is aiding AVG in offshore wire transfers are false, and KINGZ has launched an investigation, the company’s top executive said in an interview this morning. “Nothing has ever been accepted from [AVG], nothing has been — and nothing will…
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BREAKING NEWS: ASD’s New Attorney Seeks To Withdraw Bowdoin’s Pro Se Motion To Rescind His Decision To Submit To Forfeiture And File Anew: Will Case Slow To A Crawl?
On Feb. 27, ASD President Andy Bowdoin — acting as his own attorney — filed a motion to rescind a decision he made in January to submit to the forfeiture of tens of millions of dollars and real estate seized by the government in a wire fraud, money-laundering and Ponzi scheme investigation. Federal prosecutors, on…
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PRICELESS: AdViewGlobal Announces Wire Deal With Offshore Bank On Day White House And Treasury Department Announce Plan To Crackdown On Offshore Tax Havens
UPDATED 12:43 P.M. EDT (May 7, U.S.A.) As often is the case in the tin-eared autosurf world, the timing was impeccable: On the day the Obama administration announced a crackdown on U.S. corporations and citizens who use offshore tax havens to hide income, autosurf company AdViewGlobal (AVG) announced it had a deal with an offshore…
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Purported Transcript: Bowdoin Pushed ASD ‘Stock’ In 2007; Other Records Show Bowdoin Gave Campaign Donations In Names Of Two Firms
UPDATED 2:26 P.M. EDT (U.S.A.) A purported transcript of remarks in March 2007 by AdSurfDaily President Andy Bowdoin paints a picture of a startup company with serious problems Bowdoin tried to solve by offering “stock” in the firm. The “minimum purchase” of the stock was set at “$10,000,” and the the money would be used…
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AdSurfDaily: Revisiting Our Early Coverage
It is the story that won’t go away, driven as much by the personalities and people who support AdSurfDaily as it is by the legal issues that put the company in the national spotlight. On Aug. 1, 2008, an ambiguous note appeared on ASD’s website. The note suggested a government investigation was under way. In…
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Against Lawyer’s Advice, Man Takes Witness Stand . . .
A Pittsburgh man ignored his lawyer’s advice, took the witness stand — and sealed his conviction on a first-degree murder charge, the Pittsburgh Post-Gazette reports. This story is worth a read. The newspaper reports that Timothy Lee Williams engaged in bizarre braggadocio on the witness stand, “swiftly torpedoed” his lawyer’s defense strategy and then blamed…
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Plaintiffs, Bank of America Ask Judge For More Time; Golden Panda’s Clarence Busby Updates Motion To Dismiss
UPDATED 5:28 P.M. EDT (U.S.A.) Attorneys for three plaintiffs who accused ASD President Andy Bowdoin, ASD attorney Robert Garner and Golden Panda Ad Builder President Clarence Busby of racketeering have asked a federal judge for more time to prepare. The plaintiffs were joined in the motion by Bank of America, a non-RICO defendant in the…
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DISCUSSION: SEC: HYIP Defendant ‘Absconded’
Editor’s Note: This thread is designed to promote discussion on the practical value of the “rebates aren’t guaranteed” argument as applied by AdSurfDaily and other autosurfs. Does the argument hold any water? And could it be applied — and have a prayer of succeeding — in other situations in which federal agencies brought allegations of…
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Iowa Woman Who Filed Motion To Set Aside Forfeiture In ASD Case Is Listed As A ‘Founder’ Of Golden Panda Ad Builder
UPDATED 9:10 P.M. EDT (U.S.A.) Joyce Haws, an Iowa woman who filed a motion last week to set aside the forfeiture in the AdSurfDaily case, is listed in court documents as a “founder” of Golden Panda Ad Builder. Haws and “her spouse” are listed on a roster of 34 Golden Panda “founders” who provided start-up…
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