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 advice from an entity known as “Pro Advocate Group.”
Pro Advocate Group is associated with Karl Dahlstrom. In 1997, Dahlstrom was sentenced to 78 months in federal prison for his participation in a securities scheme.
Dahlstrom and others “were indicted for their involvement in a nationwide solicitation campaign for the purpose of selling unregistered shares” of Inferno Snuffers Inc. (ISI), and Inferno Engineering and Consulting Inc. (IEC), the SEC said.
AdSurfDaily, under fire for selling unregistered securities amid allegations of wire fraud, money-laundering and running a $100 million Ponzi scheme, is led by Andy Bowdoin, himself a convicted felon from a 1990s securities scheme. Prosecutors seized part of ASD’s assets in an August forfeiture complaint.
George Harris, Bowdoin’s stepson, is listed as a trustee for AVG. In December, about a week after AVG started being talked about in online forums, federal prosecutors seized additional assets linked to ASD, filing a second forfeiture complaint. Among the assets seized was a Tallahassee home owned by George Harris and his wife, Judy Harris.
Under Dahlstrom’s direction, the SEC said, ISI and IEC “were marketing ‘Uni-Snuff,’ a product claimed to be useful in extinguishing and suppressing fires, and the ‘Snuffer System,’ a method of dispensing Uni-Snuff.”
The website for Pro Advocate Group lists “Clara Dahlstrom” as the administrator. Clara Dahlstrom is Karl Dahlstrom’s wife. In court documents in a tax case, Karl Dahlstrom is described as having “been in the abusive trust business for many years.”
AVG announced its association with Pro Advocate Group in a members’ conference call earlier this week. A Mod at the Pro-AdSurfDaily “Surf’s Up” forum introduced listeners to Gary Talbert, a former ASD executive now listed as the chief executive officer of AVG.
Talbert, in turn, introduced listeners to Pro Advocate Group and a man identified as “Carl,” who delivered remarks.
“He discussed why AVG decided to establish a 1st and 14th Amendment Private Membership Association,†a source said.
Like ASD, Pro Advocates Group uses religion in its sales pitch.
“We are proud of our Christian moral values and feel that we stand alone in a sea full of Master Deceivers in the world of Asset Protection,” the group says on its website. “Let us help you find the proper legal solution for your problem and peace of mind. We are founded upon legal principles that are backed by book, chapter and verse of legal rulings, regulations and Supreme Court interpretation of the U.S. Constitution. We teach and support the inherent rights of DUE PROCESS and EQUAL PROTECTION under the law.”
Read the indictment against Karl Dahlstrom, Karla Dahlstrom (his daughter), Hubert Leopard and Richard Lopez. Some of the allegations read like the allegations against ASD.
