• Two Friday Bank Failures Will Cost FDIC $212.5 Million

    Some of our readers have been following the AdSurfDaily case, which involved the seizure of nearly $100 million by the U.S. Secret Service amid allegations that ASD was running a Ponzi scheme while calling itself an advertising company. One of the roles of the Secret Service is to protect U.S. economic health and the health…

  • A Note To Readers

    Dear Readers, It had been our plan all along to convert from Blogger to WordPress in 2009. We made the conversion earlier than planned because of significant problems we began to experience with databases and website functions earlier this week. Part of the plan also was to port hosting. We ended up carrying out both…

  • Giant Wall Street ‘Ponzi Scheme’ Collapses; Potential Losses In Madoff Fraud Pegged at $50 Billion Amid ‘One Big Lie’

    And you thought AdSurfDaily members had problems, having been told their money was part of a $100 million Ponzi scheme. Former Nasdaq Chairman Bernard Madoff has been accused of running a monumental Ponzi scheme that sustained itself for years based on his reputation. Socialites from Palm Beach, New York’s celebrity elite, endowments, European banks and…

  • Transition Progresses: No ASD Court Updates Yesterday

    We checked Judge Rosemary Collyer’s docket in the AdSurfDaily case several times yesterday. The most recent entry was the Dec. 3 denial of “Leave to File” directed at an unnamed party. The party who was denied had attempted to file a motion to void judgment. On Nov. 20, Judge Collyer issued a separate denial of…

  • Transition Update: Some Glitches, But Not Bad So Far

    Update on website porting . . . There have been spot outages and mismatch issues as the domain propagates anew. We’re in the process of porting files and reconstituting the site. We noticed our friends at scam.com missed our picture. Here’s hoping this will suffice for now. :-)

  • AdSurfDaily Readers: We’re In Transition

    Dear Readers, A good number of you have been following our coverage of AdSurfDaily and the forefeiture complaint filed by federal prosecutors. The URL for the “old” PP Blog should be redirecting here now. We are converting to WordPress and will be using a magazine-style theme to discuss writing, marketing, branding and topics of interest…

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