Another Fraud Case In Minnesota: Renee Marie Brown Accused By SEC Of Starting ‘Sham’ Investment Fund Known As ‘X’
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UPDATED 7:52 A.M. EDT (April 13, U.S.A.) On the very day Tom Petters was sentenced in Minnesota to 50 years in prison for operating a colossal Ponzi scheme, a federal judge froze the assets of Renee Marie Brown after the SEC accused her of ripping off clients by persuading them to invest in a mysterious […]
REPORT: Feds Open Inquiry Into Allen Stanford’s Political Donations; Committee To Which Andy Bowdoin Donated Money Again Makes News In Ponzi Probe
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The Justice Department has opened a probe into the political donations of R. Allen Stanford, according to the Miami Herald. Stanford is jailed in Texas amid allegations he presided over a $7 billion Ponzi scheme on the Caribbean island nation of Antigua. Among the first names to surface were the names of the National Republican […]
SPECIAL REPORT: The Largely Unknown Bowdoin ‘Surf’
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“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 […]
Purported Transcript: Bowdoin Pushed ASD ‘Stock’ In 2007; Other Records Show Bowdoin Gave Campaign Donations In Names Of Two Firms
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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 […]