Thomas A. Bowdoin Jr., 76, also known as Andy Bowdoin, of Quincy, Florida, was the founder
and operator of a business known as AdSurf Daily Inc. He was arrested December 1, 2010
following his indictment by a grand jury in U.S. District Court for the District of Columbia.
Bowdoin is accused of cheating thousands of people in an Internet-based fraud scheme that
generated more than $110 million. Charges include wire fraud, securities fraud and unlawful
sale of unregistered securities.
The indictment alleges that Bowdoin ran a Ponzi scheme disguised as an online advertising
company that drew in large numbers of investors by promising huge returns on their monies.
According to the indictment, Bowdoin operated AdSurf Daily from on or around September of
2006 until August 2008. In an earlier civil action related to Bowdoin’s fraudulent activity, and a
related scheme, the government seized about $80 million in funds from bank accounts, several
cars, water-sport equipment and two plots of land with their buildings.
The government has contracted with a claims administration firm to process claims for funds that
have been seized and forfeited in the AdSurf Daily and related matters. Information is available
at http://www.adsurfdailyremission.com or by calling 1-888-398-8214 or writing to Ad Surf
Daily Remission Administrator, P.O. Box 2353, Faribault, MN 55021-9053.
As a part of Operation Broken Trust, the task force is making the public aware of resources
available to protect against these types of fraud and how to report fraud when it occurs. To learn
more about investment scams, how to take steps to protect yourself from scams, or how to report
investment fraud if you believe you have been victimized, the task force recommends that you
visit its website, StopFraud.gov, which includes links to a wide array of task force member
resources.
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