ASD

BULLETIN: A Florida jury found that TD Bank assisted now-disbarred and imprisoned attorney Scott Rothstein in his epic Ponzi scheme and has found the bank liable for $67 million in damages. Read a story in the Sun Sentinel about the federal-court verdict that went against TD Bank. The victorious attorney in the civil case is […]

On Nov. 22, 2011, AdSurfDaily figure and purported “sovereign citizen” Kenneth Wayne Leaming was arrested by the FBI in Washington state on charges he filed bogus liens against at least five public officials involved in the ASD Ponzi case. Some ASD members apparently have relied on Leaming for legal advice, even though he is not […]

EDITOR’S NOTE: Our first reference to JSS Tripler 2 (T2), which is trading on the name of an obvious fraud scheme known as JSS Tripler, is here. JSS Tripler is part of a larger fraud scheme known as JustBeenPaid, which was pushed by members of the alleged AdSurfDaily Ponzi scheme and any number of Ponzi-forum […]

UPDATED 6:31 P.M. ET (U.S.A.) A website collecting money through PayPal for the criminal defense of accused Ponzi schemer Andy Bowdoin of AdSurfDaily appears to have lost its ability to gather funds designated for an attorney’s “trust account.” This message (next paragraph) appears if would-be Bowdoin sympathizers click on any of a number of payment […]

Online huckster “Ken Russo,” also known as “DRdave,” appears once again to have backed an HYIP fraud scheme and recruited a downline into a Ponzi morass. This one is known as JSS Tripler 2 — T2 for shorthand — and the backstory is just plain bizarre. Several cross-border crimes punishable by jail time already may […]

EDITOR’S NOTE: This post contains links to recommended reading on Barry Minkow and Travis Wright — the former a classic narcissist and con man doing his second stint in federal prison after having played the redemption circuit for years, the latter a man who used other people’s money to ensconce himself in the lap of […]

EDITOR’S NOTE: If you’re keeping a Bubba Blue notebook on how to have a Ponzi scheme as opposed to shrimp, here is an entry: an alleged “merchant portfolio” Ponzi scheme. Ponzi and fraud schemes often use impressive-sounding terminology to separate people from their money. Schemes typically mushroom to consume millions of dollars when investors — […]

UPDATED 6:59 A.M. ET (DEC.29, U.S.A.): The OneX site now is resolving to a server, although the site still appears to be down. (UPDATE 6:25 P.M. ET DEC. 29: The OneX site now appears to be back online after an absence of days. Whether is is fully functional is unclear.) Web data now suggest OneX […]

UPDATE: “OneX,” the mysterious “program” AdSurfDaily President Andy Bowdoin claimed in October would pay for his criminal defense and help former ASD members “earn $99,000 very quickly,” has been offline for days. The reason for the extended outage, which coincided with the run-up to the holidays and now has extended beyond Christmas, is unclear. Messages […]

EDITOR’S NOTE: This story originally was published Dec. 22, 2011, 10:41 a.m. It was updated at 8:11 a.m. on Dec. 23, 2011. The PP Blog temporarily “unpublished” the story on March 23, 2012. Explanation of why it was taken offline temporarily is here. On March 23, 2012, the PP Blog’s security software recorded a “mass […]

EDITOR’S NOTE: Any number of ventures have tied themselves to claims of remarkable returns made possible by purchasing “advertising” products and services or agreeing to watch or receive “advertisements” in a closed environment. Longtime readers will recall that AdViewGlobal (AVG) came out of the gate in late 2008 and early 2009 by claiming what it […]