Tag: Gerald Castor

  • Surf’s Up Mods Have High Positions In AdViewGlobal

    Four moderators at the Pro-AdSurfDaily Surf’s Up forum hold high positions in the AdViewGlobal autosurf or have a spouse who does, according to AVG’s website.

    AVG launched in the aftermath of the seizure of tens of millions of dollars last year from ASD, a Florida company federal prosecutors said was engaged in wire fraud, money-laundering and the sale of unregistered securities while operating a Ponzi scheme.

    Larry Alford, the husband of Surf’s Up Mod Barb Alford, holds position 11; Mod Terralynn Hoy holds position 12; Mod Laura Pont holds position 14; and Mod Kathryn Milner holds position 15.

    Whether the Mods are still associated with AVG is unclear. Also unclear is whether Alford, Hoy and Pont continue to play an active role at Surf’s Up.

    Other members with high positions include David Meade (9); Mindy Bales (19); and Nate Boyd (20). Bales helped organize rallies for ASD in Iowa, and Boyd is a former ASD compliance officer, members said.

    The No. 5 position in AVG is held by unnamed “AVG Executives.” Gerald Castor, an AVG compliance officer who was sued twice last year for violations of federal labor law, is AVG member No. 59, according to the website.

    ASD gave Surf’s Up its official endorsement Nov. 27, 2008, eight days after a federal judge ruled that ASD had not demonstrated at an evidentiary hearing that it was a legal business and not a Ponzi scheme.

    AVG insisted for weeks prior to its February launch that it had no affiliation with ASD or ASD President Andy Bowdoin, whom members now say was the silent head of AVG. On Jan. 31, AVG’s graphics appeared in an ASD-controlled webroom, but AVG said the development was an “operational coincidence.”

    Former ASD executive Gary Talbert holds the No. 1 position in AVG, which purports to be headquartered in Uruguay but also filed papers in Florida.

    In March, AVG advised members its bank account had been suspended. The surf blamed members in its announcement. Regardless, AVG embarked on a 200-percent, matching-bonus program for both members and their sponsors. One email promotion after the announcement of the account suspension claimed $5,000 spent with AVG turned into $15,000 “instantly!”

    The March email bore the name of Shad Foss, a promoter associated with the CEP Ponzi scheme. ASD once advertised that it accepted CEP Trust, the failed payment processor associated with CEP, which was dismantled in 2007 by the Securities and Exchange Commission.

    By June 25, AVG announced it was suspending member cashouts and conducting an audit of itself.

    In April, federal prosecutors announced in court filings that ASD President Andy Bowdoin had signed a proffer letter in the ASD forfeiture case and acknowledged the company was operating illegally. The date Bowdoin signed the proffer letter is not publicly known. It is possible Bowdoin signed the letter weeks before the launch of AVG.

    What is known is that Bowdoin signed the letter before Jan. 13, 2009. AVG was in prelaunch at the time and launched fully in early February.

    It is not publicly known if others have signed proffer letters. Federal prosecutors say ASD is a criminal enterprise, and private attorneys have accused ASD and Bowdoin of racketeering.

    During the spring and summer, AVG authored a series of bizarre announcements to explain developments, blaming members for a decision to disable a forum and threatening them with copyright-infringement lawsuits for sharing news. The surf also threatened to contact the ISPs of members who asked questions.

    Another AVG forum run by some of the Surf’s Up Mods and members also closed in the aftermath of the surf’s decision to suspend cashouts. Surf’s Up itself deleted some AVG-related content.

    Both Surf’s Up and the AVG forum operated by some of its Mods declared Curtis Richmond a “hero” earlier this year, after Richmond accused a federal judge and the ASD prosecutors of crimes in a pro se court filing.

    Richmond is associated with a Utah “Indian” tribe a federal judge ruled a complete “sham” in a racketeering case in which it was alleged that the tribe had harassed public officials by placing enormous financial judgments against them, including one for $250 million against a county prosecutor and one for $300,000 against a family-services worker.

    Richmond signed the fraudulent award against the family-services worker, and also sought to have judges and litigation opponents jailed, according to court filings. In one case, the tribe contrived its own “Supreme Court,” using the address of a Utah doughnut shop, and issued bogus arrest warrants. The U.S. Marshals Service refused to serve the warrants, which called for the arrests of judges, bankers and attorneys representing bankers.

    An unofficial total of 57 pro se pleadings by Richmond and other ASD members followed after Richmond’s initial filing in February, including a recent spate of 41. A federal judge has rejected all of the claims. The most recent claims accused the government of “reckless action and reckless disregard of the law.”

    Pro se claims by Andy Bowdoin have not been fully addressed by the judge because Bowdoin did not follow up on his initial claims. Bowdoin’s attorney announced last month that he is negotiating with federal prosecutors. Bowdoin has been ordered by the court to show cause by Monday why his pro se motion to undo the decision he made to submit to the forfeiture in January should not be denied.

    Bowdoin submitted to the forfeiture while employing paid counsel Jan. 13. The first of his pro se pleadings to reverse his forfeiture decision was dated Feb. 25. On the previous day, Feb. 24, reports circulated that the U.S. Secret Service had seized the individual bank accounts of some ASD members, including at least one account owned by an AVG member.

    On Feb. 26, AVG announced it was switching to an “association” structure after consulting with Pro Advocate Group, a firm associated with Karl Dahlstrom, a felon convicted of securities fraud in the 1990s and sentenced to 78 months in federal prison.

    Surf’s Up also endorsed a letter-writing campaign by “Professor” Patrick Moriarty, now under indictment for federal tax fraud. In 2006, Moriarty started a nonprofit corporation for a man accused of murdering a Missouri woman in cold blood, shooting a police officer four times — and another man eight times.

  • DEVELOPING STORY: AdViewGlobal ‘Compliance’ Employee Sued Twice Last Year For Noncompliance With Federal Law

    A Florida man identified as a “Compliance” employee of the AdViewGlobal (AVG) autosurf was sued twice last year for not complying with federal laws in a business he owns.

    Gerald Castor and his company, 1st Credit Solutions LLC of Bradenton, Fla., settled one of the cases last month. The lawsuit was brought in June 2008 by an employee who accused Castor of federal labor-law violations, alleging that workers were not paid wages at “time and one-half” for work in excess of 40 hours per week.

    In a joint dismissal motion April 6 by the plaintiff and the defendants, the parties said the plaintiff had received “payment in full for all of her claims, including claims for overtime, liquidated damages and attorney’s fees and costs.”

    The payment amount and the date of the payment were not disclosed. Mediation for the case had been set for June and was canceled. A judge did not review the settlement because the plaintiff acknowledged it was not a result of a compromise and that “all” of her claims had been met.

    A second labor-law complaint against Castor and 1st Credit Solutions filed by a different employee was dismissed by a federal judge in March when the plaintiff did not follow up on the claim.

    On March 23, AVG announced in a statement signed “The AVG Management Team” that its bank account had been suspended because too many members had wired transactions in excess of $9,500.

    In a March 25 announcement under Castor’s name as a member of AVG’s “Compliance” department, the surf reported its banking problem was on the way to being “rectified” without explaining how the company intended to fix the problem.

    Regardless, the company used a three-exclamation point headline — “AVGA Breaking News: Thanks and Good News!!!” — to report sales were brisk despite the problem.

    “Tuesday member purchases continued to be good thanks to those purchases made with cash balances,” Castor’s announcement said.  “We appreciate your continued cooperation and purchases through cash balances through the end of the week.”

    The company then cited unspecified banking regulations, claiming changes in the regulations limited online purchases to $2,500.

    Castor owns another Florida company — Living Legacy One LLC. Court records show that a process-server in the lawsuit against 1st Credit Solutions initially had trouble serving Castor, but eventually located him at the Bradenton building that serves as headquarters for both 1st Credit Solutions and Living Legacy One LLC.

    On May 4, AVG announced its banking problems had ended as a result of a deal that would enable customers to wire money to an offshore bank to pay for AVG “advertising” purchases. Three days later, however, one of the companies AVG named as a facilitator of the transfers issued a public denial that it had any business relationship with AVG.

    The company, KINGZ Capital Management Corp., said it had discussed business matters with Living Legacy One — but not AVG — and that it believed it had been targeted in a scam. AVG did not inform members about the denial. Rather, the surf said the sudden absence of a wire facility it had just announced came as a result of “negotiations” that had failed.

    See an October 2008 court record from a federal lawsuit against Castor and 1st Credit Solutions in which a process-server reported initial trouble locating Castor, but later found him at the building that serves as headquarters for 1st Credit Solutions and Living Legacy One LLC, according to records in Florida.

    See our March 25 story in which AVG, which purports to be headquartered in Uruguay, identifies Gerald Castor as a member of the “Compliance” department.

    See April 6 stipulated dismissal of lawsuit against Castor and 1st Credit Solutions in which the plaintiff acknowledged she had received payment in full on her claims on an unspecified date.

    See the annual reports of both 1st Credit Solutions and Living Legacy One LLC that were filed with the Florida Department of State by Castor on the same day — April 29, 2009.

    See May 5 report on AVG’s May 4 announcement that it had a deal by which customers could pay for “advertising” purchases by wiring money to an offshore bank. The surf announced the deal on the same day the Obama administration announced it was cracking down on offshore fraud.

    See May 7 report in which KINGZ Capital Management, a company AVG announced was involved in wire transactions for AVG “advertising” purchases, denied it had any business relationship with AVG. KINGZ said it believed it had been targeted in a scam, noting it had discussed business with Living Legacy One, not AVG.

    KINGZ said it acted immediately to ensure no money would get to AVG via wire transfer.

  • BREAKING NEWS: KINGZ Capital Management Corp. Denies Any Ties To AdViewGlobal Autosurf, Launches Investigation Into AVG Wire Claim; Says Attorneys Are Monitoring Situation

    UPDATED 2:59 P.M. EDT (U.S.A.) Claims by the AdViewGlobal (AVG) autosurf that KINGZ Capital Management Corp. is aiding AVG in offshore wire transfers are false, and KINGZ has launched an investigation, the company’s top executive said in an interview this morning.

    “Nothing has ever been accepted from [AVG], nothing has been — and nothing will be,” said Michael P. Krywenky, president and chief executive officer of KINGZ. “We are very shocked, and we’re appalled [by the AVG claims].”

    Krywenky said the company was “astounded” when it received a call from Europe about the AVG claims.

    “KINGZ Capital Management Corporation nor any of its affiliates have any relationship with AdViewGlobal,” Krywenky said. “Also, I have already confirmed with our bank in Barbados that we are NOT accepting any funds from anyone at, or any clients of, AdViewGlobal.”

    Krywenky said KINGZ believed that a scam of some sort was under way. He noted that KINGZ had discussed services with a firm known as Living Legacy One LLC, but said he did not have details about the company at his immediate disposal.

    A corporation by that name was registered in Florida April 18, 2008, and filed an annual report on April 29, 2009. Living Legacy One LLC lists Gerald Castor as its managing member.

    Gerald Castor has been identified in AVG announcements as an employee of AVG’s “Compliance” department.

    No money would make its way to the autosurf firm from KINGZ, Krywenky said.

    “It’s extremely bizarre,” he said. “I am absolutely astounded.”

    On Monday, AVG announced in a forum set up by Mods and members of the embattled AdSurfDaily (ASD) autosurf that AVG had secured a deal for members to wire money offshore to pay for “advertising.”

    KINGZ was mentioned in the AVG announcement as one of the companies that would be involved in the transfers. AVG provided a KINGZ account number in its announcement, along with instructions for members to facilitate wire transfers.

    “We’re in discussion with our lawyers,” Krywenky said.

    AVG’s announcement came on the same day that the Obama administration announced it was cracking down on offshore tax cheats.

    AVG has close ties to ASD. The U.S. Secret Service seized tens of millions of dollars from ASD President Andy Bowdoin in August, amid allegations of wire fraud, money-laundering, engaging in the sale of unregistered securities and operating a Ponzi scheme from Florida.

    AVG purports to be headquartered in Uruguay. Gary Talbert, AVG’s chief executive officer and a former ASD executive, resigned suddenly on March 20.

    In a March 23 announcement signed by “The AVG Management Team,” AVG said its bank account had been “suspended.” It blamed customers, saying they had sent too many wire transactions in excess of $9,500.

    On March 25, an AVG announcement signed by Gerald Castor said AVG’s banking problems were being rectified.

    Problems with an Arizona-based, money-service business known as eWalletPlus followed. Servers for eWalletPlus now resolve to Panama. Like AVG, the company claims now to be headquartered in Uruguay.

    Promoters made AVG’s purported offshore location a big selling point since its inception a few months after the seizure of ASD’s assets.

    AVG, which had been promoting a 200-percent, matching bonus offer — an offer that caused one promoter to exclaim that $5,000 turned into $15,000 “instantly!” — said it was working to rectify its banking problem.

    The solution AVG said it had found — wiring money to an offshore bank — was not going to work, said Krywenky of KINGZ.

    “I think that we may be victims of a scam here,” he said.

    AVG also is known as the AV Global Association.

  • In Vague Claim, AVG Says Bank Problem Being ‘Rectified’

    In yet another vague claim, AdViewGlobal (AVG) said a problem that resulted in the suspension of its bank account is being “rectified.”

    AVG did not describe how the problem was being solved. Nor did it provide a date by which it expected the problem to be solved. Instead, under a three-exclamation point headline of, “AVGA Breaking News: Thanks and Good News!!!,” the company said sales were brisk.

    “Tuesday member purchases continued to be good thanks to those purchases made with cash balances,” AVG said.  “We appreciate your continued cooperation and purchases through cash balances through the end of the week.

    “If you have had difficulty making purchases through the bank, you will be happy to know that the difficulty is being rectified.”

    The company then cited unspecified banking regulations, claiming changes in the regulations limited online purchases to $2,500.

    AVG previously blamed its bank-account suspension on members who wired too many transactions in excess of $9,500.

    “Changes in banking regulations require that you limit online purchases to $2500 plus the processing fee of $9.00,” AVG said.  “Strict banking regulations require that we eliminate bank wires and ACH transactions. We will continue to take all money orders and cashier/bank checks. To speed up the cash out process, we are eliminating all manual cash out transactions which includes checks and bank wires. We will use the debit card, Strict Pay and Solid Trust Pay. All three methods are automated.”

    Unlike previous announcements about its banking problem, AVG this time included the name of the employee making the announcement: Gerald Castor.

    Castor was said to be employed in AVG “Compliance.”

    See this previous AVG story.

    Also, see this one.

    AVG has been running a 200-percent, matching-bonus program. The company has close ties to AdSurfDaily Inc., a Florida firm federal prosecutors said was operating a $100 million Ponzi scheme.

    Gary Talbert, AVG’s chief exeutive officer, suddenly resigned last week. Talbert is a former ASD executive.

    The resignation was announced Friday. On Monday, the banking problem was announced. Members have not been told whether the two events are connected. AVG has not said when the banking suspension occurred.