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BREAKING NEWS: Bowdoin, Acting As Own Attorney, Files Motion To Dismiss AdSurfDaily Forfeiture Case
UPDATE 4:13 P.M. EST (U.S.A.) Andy Bowdoin, acting as his own attorney, has filed a motion to dismiss the AdSurfDaily forfeiture case. At the same time, Bowdoin appears to have filed a motion to reverse his earlier decision to submit to the forfeiture of certain property seized by the government. Bowdoin’s filing, however, does not…
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Sign Of The Apocalypse? Ning.com Surf Sites Removed
Ning.com sites by David Courtney that promoted autosurfs have been taken offline without explanation. It is unclear if the removal is permanent, but sites for MegaLido, AdGateWorld and BizAdSplash went offline last night and remain offline this morning. “This social network has been taken offline by its owner,” each site said. “It’s likely that the…
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Purported Joe Shoop ASD Letter Was On Website Registered To Litigant Who Sued Chase Bank By Posting Bond Of ‘Twenty-One Dollars In Silver Coinage’
UPDATE 8:14 P.M. EST (U.S.A.) With each passing day the AdSurfDaily case reveals new and strange details about a subculture that appears to have firm roots in the organization. It is a subculture of rants against the government for perceived injustices, underground business “associations” that purport to permit nonlawyers and nondoctors to practice law and…
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BREAKING NEWS: Obama To Sponsor Plan To Curb International Tax Scheming, Treasury Secretary Tells Panel
The Obama administration said today that it will crack down on international tax cheats and people using tax havens to evade U.S. regulators. In testimony before the House Ways and Means Committee, Treasury Secretary Tim Geithner said Obama will propose new rules to curtail international scheming. “The budget also seeks to close the ‘tax gap’…
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More Pension Funds Frozen In Westridge Capital Management Case; San Diego County Was Pulling Out Of Fund As University of Pittsburgh Was Increasing Stake
Westridge Capital Management (WCM) and affiliate WG Trading appear to have been trolling for cash to sustain the deception until the bitter end. Even as one public retirement system was pulling out and demanding a return of invested funds, another one was increasing its stake. In January, just weeks before the firms were exposed as…
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Shush! AdViewGlobal Promoters Get Tongue-Tied
Here’s how one AdViewGlobal (AVG) promoter put it in a message to his list: “Ad View Global is now known as AV Global Association. AV Global Association is a private membership association. To help protect the members of this private association, I will no longer discuss AVG in my Newsletter.” He did not mention that…
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Our Surprise Visit From ‘The White Nationalist Community’
Given that people hawking private medical associations that enable unlicensed members to practice medicine are playing an increasingly vocal role in the AdSurfDaily case — and that “Sovereigns” and conspiracy theorists are, too — it shouldn’t come as a surprise that one of our visitors yesterday arrived at the Blog from a hate site. But…
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Stanford Ponzi Scheme Is Affecting Autosurf Trade
When the Securities and Exchange Commission charged R. Allen Stanford Feb. 17 with operating a multibillion-dollar fraud scheme through his bank in Antigua, the news created banking pandemonium on the tiny Caribbean island and also in Panama. In the days that followed, a surf known as BizAdSplash referenced the banking situation in Panama without referencing…
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Garner Advertised In ‘Escape Artist’ Publication
An attorney accused of racketeering in a lawsuit by members of AdSurfDaily and accused by prosecutors of shilling for ASD President Andy Bowdoin once advertised his services in “Escape From America Magazine.” The magazine is part of a website known as EscapeArtist.com. Robert F. Garner identified himself a “[f]ormer General Counsel for major Miami-based securities…
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BREAKING NEWS: AdViewGlobal Aligned With Second Felon?
UPDATEÂ 9:16 P.M. EST (U.S.A.) The indictment against Karl Dahlstrom is available in PDF format at the bottom of this post. Here, below, our earlier post . . . In a desperate bid to hide itself underground after its management structure was exposed, the controversial autosurf AdViewGlobal has formed a private association and is taking…
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Aggero Investment Surf In Slow-Mo Tank On Heels Of Earlier Failure Of Premium Ads Club: Bad Week For ‘Industry’
Earlier this week we reported on the failure of Premium Ads Club (PAC). Now a surf with close ties to PAC is in its death spiral. Aggero Investment says tomorrow will be its last day, absent a miracle that will prevent a run on the bank as investors race to collect returns advertised at 60…
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