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Tag: matrix schemes

  • UPDATE: ‘OneX,’ Mysterious Site Pushed By ASD’s Andy Bowdoin, Has Been Offline For Days

    Andy Bowdoin

    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 viewed by visitors to the OneX site have varied. The most recent message claims the site “will be available in the next 24 hours.”

    But the site has beamed that message for days. The message is signed, “OneX/Qlxchange Administration” — without naming the operators of OneX.

    Bowdoin, 77, claimed in October that God had led him to his strategy of using OneX to pay for his criminal defense.

    “I believe that God has brought us OneX to provide the necessary funds to win this case,” Bowdoin said in a conference call. Bowdoin was charged with wire fraud, securities fraud and selling unregistered securities in December 2010. His trial is scheduled for September 2012.

    OneX, which uses a domain extension assigned to the European country of Montenegro and a webserver apparently positioned in the Irish Sea nation of Isle of Man, is described in MLM-style web promos as a 4X4 matrix feeder program for a Panamanian investment firm and commodities enterprise known as QLxchange.

    Bowdoin has participated in multiple OneX pitchfests, using a presentation that appears to have been scripted heavily.

    “Tonight we’ll be talking about a financial bailout program for the average person,” Bowdoin said during an October pitchfest.

    ASD’s own site was chronically offline before the U.S. Secret Service brought Ponzi scheme allegations in 2008. When Bowdoin’s 10 personal bank accounts were seized on Aug. 1, 2008, the message on the ASD site was signed, “ASD Management.”

    During the extended outage, the OneX site has been using this strange headline: “Under A Little Maintenance.”

    A tagline below the logo for QLXchange on the site reads, “Investing To Achieve Your Dreams.”

    Screen shot: The logo for Qlxchange is appearing in a maintenance message on the OneX site. The site has been inaccessible for days.

     

  • UPDATE: MLM Pitchman Jeff Long Warned Against ‘EZ MONEY Pitches’ When He Fled DNA, Narc That Car Last Year; Long Now Promoting AutoXTen Cycler Amid Claims That Members Can ‘Turn $10 into $199,240’

    This video in which Jeff Long was driving an automobile and pitching the MLM license-plate schemes of DNA and Narc That Car was edited to insert the red balloon and annoucement from Long that he had dumped both DNA and Narc — and to warn prospects to stay away from "EZ MONEY'" MLM schemes. Long now is promoting AutoXTen amid claims the firm's matrix cycler can turn $10 into nearly $200,000 and is appropriate for "churches."

    Jeff Long, one of the purported founders of the AutoXTen matrix-cycler scheme, warned his followers last year to “Stay away from ‘EZ MONEY’ pitches and claims.”

    A year later, Long appears to be ignoring his own advice.

    The 2010 warning appeared in a YouTube video Long edited after he had led his troops into registering for the Narc That Car and Data Network Affiliates’ (DNA) license-plate MLM schemes. Long first joined Narc, but quickly abandoned it in favor of DNA. He then touted DNA online and hawked the Phil Piccolo-associated scheme in a DNA sales-hype conference call.

    Long, billed as DNA’s top recruiter,  then abandoned DNA. Both Narc and DNA came under Better Business Bureau and media scrutiny, and Long’s YouTube video became part of a Fox News local affiliate’s scam coverage. (See graphic below.)

    Eventually Long edited the video to insert an announcement in a red balloon with white type that he no longer was with either DNA or Narc and to warn about “EZ MONEY” claims.

    But Long now has emerged this year as a central figure in the AutoXTen cycler scheme.

    One promo for AutoXTen claims members can “Turn $10 into $199,240.”

    In 2010, Jeff Long's YouTube video for Narc That Car was referenced by Fox News 11 in Los Angeles as part of the station's Narc coverege. The original Narc video was repurposed by Long into a YouTube text pitch for DNA, but later edited to insert an annoucement Long had left both Narc and DNA.

    Remarks attributed to Long on the AutoXTen help desk claim that AutoXTen is appropriate for “churches.” DNA made similar claims about one of its “programs” last year. After Long pulled out of both DNA and Narc after reportedly recruiting hundreds of participants, he noted in his YouTube red balloon that he hoped affiliates would “Be Blessed!”

    Officials in Oregon yesterday announced a $345,000 penalty against cycler pitchman Kristopher K. Keeney, saying he was promoting a “pyramid scheme” and acting as an unlicensed seller of securities — while selling unregistered securities and lying to prospects of a collapsed matrix known as “InC” or “I need Cash.”

    Keeney’s Oregon fine was broken down as follows, according to the state:

    $100,000 for 221 violations of ORS 59.055 for “selling unregistered securities.”

    $15,000 for 1 violation of ORS 59.055 for “offering to sell unregistered securities in Oregon.”

    $100,000 for 221 violations of ORS 59.165(1) for “selling securities without a license.”

    $30,000 for the “untrue statements of material facts made in connection with the sale of securities” in violation of ORS 59.135(2).

    $100,000 for the “omissions of material facts in connection with the sale of securities” in violation of ORS 59.135(2).