Tag: Andy Bowdoin
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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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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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RICO Lawsuit Against Bowdoin, Busby, Garner Makes Veiled Reference To ’80-20′ Rule; Signals That ‘Surf’ Promoters Run Risk Of Being Named Defendants In Racketeering Actions
A racketeering lawsuit against ASD President Andy Bowdoin, ASD attorney Robert Garner and Golden Panda Ad Builder President Clarence Busby makes a veiled reference to what autosurf participants refer to as the “80-20” rule. The reference signals that both private litigants and the government are wise to methods autosurf promoters use to stem the outflow…
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BREAKING NEWS: Plaintiffs In RICO Action Say AdSurfDaily Hired Bank Of America Employees, Paid Them More Than Others Doing The Same Work; Accuse Bank Of Turning A Blind Eye To Ponzi Scheme Involving Tens Of Millions Of Dollars
Lawyers for three plaintiffs who accuse AdSurfDaily President Andy Bowdoin, ASD attorney Robert Garner and Golden Panda Ad Builder President Clarence Busby of racketeering have filed an amended complaint that accuses Bank of America of turning a blind eye to a Ponzi scheme. Bank of America is not named a RICO defendant in the amended…
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AVG Forum Warns Members Not To Call Purchases An ‘Investment’; Posts Citing ‘Return’ Or ‘ROI’ Will Be Deleted
UPDATED 5:44 P.M. EDT (U.S.A.) A Mod at an AdViewGlobal forum set up by Mods and members of AdSurfDaily has warned AVG members not to refer to their purchases as “investments.” Rather, the Mod said, AVG members purchase “advertising” and are not “investing” or “investors.” Posts that used the terminology of investments would be deleted,…
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Bowdoin’s Proffer Talk Of The Autosurf World
In the end, prosecutors saved their best for last. Ordered by a federal judge April 3 to respond to a series of pro se motions filed by ASD President Andy Bowdoin in a federal forfeiture case involving tens of millions of dollars, prosecutors first addressed Bowdoin’s motion to dismiss the case for lack of fair…
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PROSECUTION BOMBSHELL: Bowdoin Signed Proffer Letter Prior To Submitting To Forfeiture And Told Investigators That Government’s Material Allegations Were ‘All True’
Prior to submitting to the forfeiture of tens of millions of dollars in January, AdSurfDaily President Andy Bowdoin signed a proffer letter and told investigators that the government’s material allegations all were true, federal prosecutors said late this afternoon. The explosive revelation came in the form of a memorandum filed in response to a pro…
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BREAKING NEWS: Curtis Richmond Files Motion To Intervene; Says AdSurfDaily Prosecutors Guilty Of Fraud Upon The Court
Never mind that AdSurfDaily President Andy Bowdoin himself says ASD was operating illegally when the U.S. Secret Service seized tens of millions of dollars last summer amid allegations of wire fraud, money-laundering, engaging in the sale of unregistered securities and operating a Ponzi scheme. And never mind that Bowdoin — who initially insisted ASD was…
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BREAKING NEWS: Prosecution Answers Bowdoin’s Claim D.C. Court Lacks Jurisdiction; Says ASD President’s Claim Has ‘No Reasonable Basis’ In Law And That ‘Serial’ Filings Could Result In Sanctions
In what could be a day of multiple filings by the government in the AdSurfDaily case, federal prosecutors said in a memorandum that pro se claims by ASD President Andy Bowdoin that U.S. District Court for the District of Columbia has no jurisdiction over him in a civil forfeiture case have “no reasonable basis” in…
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Judge Grant’s Garner’s Motion To Extend Time
A federal judge has granted attorney Robert Garner’s pro se motion to respond to a racketeering lawsuit filed against him by members of AdSurfDaily Inc. As he requested, Garner will be given until May 22 to respond to the complaint. U.S. District Judge Rosemary Collyer issued the order, although a proposed order by Garner appeared…