UPDATE: 4:59 P.M. EST (U.S.A.) The Surf’s Up Forum now says the government has seized or frozen two bank accounts of ASD members. It did not provide the source, and it encouraged members not to identify the owners of the accounts. Here, below, our earlier post . . .
EDITOR’S NOTE: It’s getting harder and harder to write about the levels of absurdity surrounding the AdSurfDaily case. Along those lines, it’s getting harder and harder to track all the conspiracy theories. The madness of all things ASD is on full display for all the world to see, and there’s no sense trying to sugarcoat it. It is what it is. Make sure you read the caption under the second screen shot below.
Here, below, our main post . . .
Let’s start with some autosurf news — or, more precisely, the lack of autosurf news.
Yesterday a poster at the Pro-AdSurfDaily “Surf’s Up” forum said the government was in the process of seizing bank accounts from individual ASD participants. Surf’s Up, at first, appeared to confirm the reports — and then a Mod quickly deleted the post. The issue was re-posted, and was deleted again. It got posted a third time as an entry in a separate thread, and Surf’s Up then said it was checking on the reports because it didn’t want to spread a panic by publishing unverifiable information. It then got posted again as a separate thread, and again was deleted.
Our longtime readers might want to laugh out loud or perhaps even hurl right now at the thought that Surf’s Up didn’t want to publish unverifiable information. It’s enough to make you want to call Letterman or Leno, considering that Surf’s Up routinely publishes unverifiable information, accepts paid advertising from unverifiable surf programs, and openly promotes AdViewGlobal (AVG), which is desperately trying to keep its ownership structure a secret.

It’s already too late for AVG should the government wish to make an example of it. The surf exposed itself out of the gate because greedy racketeers are in charge and because people who admire greedy racketeers are doing their bidding. AVG couldn’t get this genie back in the bottle if it tried — and it has tried — thus opening itself up to even more civil and criminal charges.

One thing the owners could do — if they get boxed in by investigators — is to rat out fellow insiders. It is obvious that AVG and ASD have common ties and common management. It’s so right-in-plain-sight obvious that it wouldn’t surprise us at all if the government itself is simply waiting to find the rat of highest value or already is dangling the cheese.
Perhaps by coincidence, Surf’s Up also deleted information a reader had posted from this Blog — a story we had done about the failure of the Premium Ads Club autosurf. Surf’s Up management doesn’t like this Blog and accuses it of bias against ASD.
Our bias is in favor of all the people ASD President Andy Bowdoin ripped off by using a Ponzi scheme model to sell unregistered securities and drafting participants into a conspiracy to commit money-laundering, wire fraud and racketeering — while invoking God to sanitize the “opportunity.”
Surf’s Up is doing the same thing. It’s basically just Bowdoin’s alter ego, perhaps with a degree of separation, but not one that will save the Mods from prosecution should the government decide to reduce the surf “industry” — man, how it pains us to use the word “industry” to describe this criminal business — to its constituent electrons.
In any event, we were unable to confirm the reports that the government was seizing additional bank accounts from ASD members. Given that Surf’s Up at first appeared to confirm the reports and then shifted gears, it is possible that something like this is going on behind the scenes.
It would make sense for the government to do that — and, in January, the government filed reams of additional paperwork in the e-Gold case. Prosecutors appear to be in the process of liquidating ill-gotten gains linked to e-Gold though HYIPs and autosurfs. Nine separate e-Gold actions were filed on Jan. 8 and Jan. 9. They were the prosecutorial equivalent of a clawback.
ASD once used used e-Gold, which was indicted and convicted of facilitating money-laundering — by the very same prosecution team involved in the ASD case, along with other prosecutors. A Secret Service agent in the ASD case is playing a prominent role in the clawback cases and has demonstrated exceptional investigative skills. He clearly knows how to follow the money and has help from people equally skilled in reverse-engineering financial schemes.
“Shortly after publicity surrounding the government’s investigation into e-Gold appeared, ASD discontinued using the e-Gold system as a means for receiving member funds,” prosecutors said in the August forfeiture complaint against assets tied to ASD.
AVG is toast. It will fail even if the government doesn’t take it down. At a minimum, it is conducting customer service for an illegal enterprise from the United States. Wires that run through the United States are being employed to conduct business, and the business model itself is illegal. The only question is when the failure will occur. AVG is running a promotion right now in a bid to collect cash to sustain itself, but it is at the precipice.
So is BizAdSplash, which is no more legal and makes up new rules whenever it sees fit. Like AVG, it fundamentally is drafting customers into a conspiracy to commit wire fraud, money-laundering and racketeering.
The operators underestimated the level of anger non-crackpot members of ASD have at Bowdoin. And they made their market even more narrow by peddling their non-product to the antigovernment crowd, which is a small crowd despite the noise it makes.
Indeed, the ASD case never was about the abuse of government power or politics. Claims to the contrary are smokescreens by people who need to find a scapegoat other than Andy Bowdoin or themselves.
Very few members of the public have any tolerance for Ponzi schemes in these post-Madoff days, and potential participants are seeing themselves on the evening newscast, perhaps wearing handcuffs or being chased by reporters and camera crews. It’s harder to sell Ponzis in this environment. Besides, people are angry at Bowdoin for using God to sanitize theft on a grand scale.
The new surfs can’t collect the type of money Bowdoin collected in this environment, and they can’t prevent panic among members. Panic leads to a run on the bank. The new surfs are trolling for cash in particular odious ways, and you can bet your bottom dollar that the operators are going to take their cut before they worry about sustainability issues.
They’ll do just what Andy Bowdoin did — and what Surf’s Up wants you to do. At this very moment Surf’s Up is trying to rally the troops by telling them to “Expect The Unexpected!”
When Surf’s Up says things such as that, you can bet that something criminally stupid is certain to follow or that ASD will declare an impossibly tortured victory of some sort.
