Why ASD Cash Generator “Rebates” Didn’t Work – Andy Bowdoin’s Model Examined Under The Light

Posted on August 18th, 2009 by Mr. Ryz

Many ASD Cash Generator members thought Andy Bowdoin was going to get off easily and return to pay everyone. They didn’t see the real picture.

When you have a million people purchasing overpriced advertising for the sole purpose of earning returns off future participants, you’ve got a scam on your hands.

Andy Bowdoin’s team of “experts” ( HA HA HA ) may have fidgeted around with legal terms as much as possible, but the truth stands out.

Just look up the definition and practical use of a “REBATE.” It’s a return or discount from one’s own purchases.

It has nothing to do with a continuous trickle or percentage base from future community sales.

That would be considered a ROI, return on investment, or profit sharing. The Andy team can argue the rebate point, but it is what it is and the court recognized that.

A legit business requires the sale of services to consumers. It cannot be 100% composed of investors all with the primary interest of profiting from sales.

Otherwise the company just continues to gain more investors and more investors and more and more and more…

Then the business reaches a critical point of saturation, the monthly rates of new members initializing their purchase of ads begin to decrease and all members stop making money.

It’s a gradual process. Sooner or later less and less new people start purchasing ads, causing the “rebate” amounts to decrease.

The chain effect is that with rebates halting or being decreased to minimal amounts, even the earliest members stop buying ads.

And when no more people buy ads, no one makes any money. And since the vast majority of ASD Cash Generator members only bought these ads for the “rebate” potential, they will feel cheated and mislead. In their eyes, they will have lost money.

And when there is no money to be earned, people stop viewing ads. The service itself cannot even exist without new member’s purchases.

The model may be using different words, but this is really no different than an investment scheme.

Very few ASD members even bothered to examine the math behind this program. They simply trusted the mangled terms Andy’s team created. They were incapable of putting the pieces of the puzzle together because they couldn’t set their feelings aside.

Sure, some people can make a lot of money with this model. But it will only consist of those early birds and will leave far more people with less money who purchased a personally useless or unneeded service for the right to earn profits.

I’m not going to hold too much ill will toward Andy because I don’t even know if he fully knew what he created. To him it may have seemed like a good model, but even if he didn’t realize what he was doing, ignorance is not a fair excuse if you’re dealing with millions of dollars.

When you look at the long term effects, you can’t lure in a few hundred thousand investors and justify it by calling their action “purchases.” It won’t change the future problems of saturation.

I give him props for improving the Autosurf model but this goes to prove that you can’t perfect such a model. In long term view, it just cannot work. The world is only composed of so many people.

An Autosurf is and always will be an elaborate ponzi scheme, no matter which way you slice it.

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Original Post Written by: Delkin
Arranged and Edited by: Mr. Ryz

Backstory:

I originally posted an article warning all ASD Cash Generator members about the program’s true nature about 3 days before the Feds raided Bowdoin’s office and seized his assets.

Many people responded to this post even after the true ponzi scheme model was exposed.  Some former ASD members continued to ignore the ponzi scheme elements of the program and defended Andy Bowdoin’s model as a legal business paying rebates.  One of the contenders to this argument, Delkin, clearly pointed out how Andy’s “rebates” were nothing more than money laundering through deceptive terminology.

Apparently, not all former ASD members understood the truth.  Even a year later, some people are defending ASD with the same ridiculous “rebate” points.  Therefore, I thought it would be helpful to post one of the better explanations that was originally posted on my previous blog.

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- Mr. Ryz

www.PonziSchemeAlert.com

Tags: Andy Bowdoin, ASD, ASD Cash Generator, ASD members, Autosurf, Autosurf model, Delkin, Mr. Ryz, ponzi scheme, rebate

AVG Ad View Global Scam Crumbles, Many ASD Cash Generator Scam Victims Must Face Ponzi Scheme Reality For The Second Time

Posted on August 3rd, 2009 by Mr. Ryz

When I first wrote an article back in early August, 2008 about my opinions concerning Andy Bowdoin and Ad Surf Daily / ASD Cash Generator, I was surprised just how many Bowdoin praisers were absolutely shocked that I would even “dare” to consider the “possibility” that he was running a massive ponzi scheme.

Just 10 minutes of reviewing the “business” made me feel as if I was staring at a reformed version of another infamous program in Autosurf history: Charis Johnson’s 12 Daily Pro scam. The red flags sticking out of ASD seemed obvious. Yet, thousands of people had their head in the clouds only because they were being paid repeated high returns for the simple act of viewing website ads.

The popular opinion that Bowdoin was a “Saint” quickly changed after the State of Florida and United States Attorney General took a closer look at ASD related activites and then soon revealed that Andy Bowdoin’s “internet advertising business” was nothing more than a masquerade for an illegal ponzi scheme model.

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When you see these kinds of situations with major, sophisticated ponzi schemes and realize just how many people get hurt in the process, you hope that at least some people learn an important life-long lesson about responsible investing and research.  Unfortunately, it appears that many people did not learn anything at all.  Many of them held on to their “get rich quick” emotions and refused to come back to reality.

Even after the Courts and various Autosurf related blogs and websites warned about the ponzi scheme element – AND even after Judge Collyer ruled that Andy Bowdoin’s ASD Cash Generator was not a legal business and therefore operated as an illegal ponzi scheme – former members flocked to the new birth of the same treachous program: The Ad View Global Association or AVGA, also abbreviated as simply AVG.

AV Global Association was founded by a group of participants from the Andy Bowdoin / ASD ring.  Supporters of AVG often posted that it’s claim to fame was the fact that it was Andy Bowdoin’s same “genius” business concept registered offshore, and therefore, protected from the “evil U.S. government trying to ruin everyone’s fun.”  Those claims may have had even a small ounce of merit, if it weren’t for the fact that Bowdoin’s so-called “revolutionary business” with ASD Cash Generator revolved around a money pot that required a consistent increase in investments and/or members to function in the long run.

I would have hoped that the majority of people would have been able to put this basic, logical concept together- “If ASD Cash Generator’s business model was ruled an illegal ponzi scheme, and Ad View Global (AVG) essentially uses the same model, Ad View Global is also a ponzi scheme!”  Putting it in even more simple terms- “If ASD Cash Generator was a scam, then Ad View Global is a scam.”  Fairly simple, right?  Apparently, hundreds (if not thousands) of people failed to understand this.  So, before we dive into further discussion about Ad View Global (AVG)…

Let’s do a quick 30 second re-cap on WHY Bowdoin’s ASD was a ponzi scheme:

ASD Cash Generator members upgraded (or “invested”) their accounts by purchasing “advertising packages.”  This specific dollar amount of advertising packages would eventually yield a 25% ROI.  Substantial referral rewards were also offered.

The ASD business model did not have the means to earn enough outside revenue to continually pay out this high ROI and referral bonuses.  In other words, ASD was using new upgrades (or “investments”) to pay former “25% ROI” obligations and all referral incentives.

Since the ASD model relied on an exponential growth effect to continue to pay these high rewards and the world contains a limited number of people, eventually growth rates would diminish. The money pot would eventually run dry, and many people would be left with a loss. This is the very definition of a ponzi scheme.

I won’t even bother explaining the securities regulations ASD violated when it decided to construct a model based on offering these ridiculous returns.  I don’t need to.  The ponzi scheme element alone makes this model illegal and dangerous.

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Now let’s go back to Ad View Global, shall we?

The main argument for predicted long-term success I’m seeing from former, die-hard ASD supporters is:  “AVG is located offshore, and this time we will be safe.”

Oh really?  Well, before you go about believing something so absurd, you should know 2 interesting facts about ponzi schemes…(1.) They are illegal in all countries, and (2.) even if the program does play out for a considerable amount of time, eventually the money pot will still dry up and most people will LOSE money.

Members of the Ad View Global scam aren’t protected simply because business registration took place across the oceans.  A ponzi scheme is a ponzi scheme, no matter how you slice it.  People get hurt in these scams either way- If the government doesn’t step in and eventually refund small portions to victims, the pool of investor contributions will die off and the “business” will collapse on itself.

Unfortunately, once again, it looks like many former ASD Cash Generator members are going to be faced with the same hard lesson they refused to learn the first time around.  As of 2009, many AVG members were already irritated with money transfer problems.  However, during late June, Ad View Global lifted up the “grand daddy” red flag pointing to a desperate ponzi scheme on the verge of death.  AVG suspended payments to its members, only to back up their action with the excuse that rebates (i.e. “returns”) were never officially guaranteed.

In early July, AVG quickly followed up by announcing a restructured payment plan that greatly disadvantaged current members and may even prevent members from receiving their rebates altogether.  The Ad View Global forum activity grew out of control, and it was repeatedly opened and closed for member viewing.  Some angry members demanding explanations for AVG’s unfavorable changes posted their concerns in the forums only to find them erased soon after.

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Clearly, AVG is in panic mode, and the signs don’t point to a pretty sight.  For some, the “get rich quick” dream is about to crash and burn for the second time.  Let’s hope the lessons to be learned from the Ad View Global scam aren’t so carelessly discarded this time around.

ASD Cash Generator already caused enough problems; it’s a shame history had to repeat itself so quickly.

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- Mr. Ryz

www.PonziSchemeAlert.com

Tags: 12 Daily Pro, Ad View Global, Ad View Global scam, Andy Bowdoin, ASD, ASD Cash Generator, ASD Cash Generator scam, Autosurf, AVG, get rich quick, ponzi scheme