In 2005, Bachman founded Tatto Media, an internet marketing company, while still an undergraduate at Babson College. The company reached annual revenue figures of $100 million. In 2007, BusinessWeek named Bachman and his co-founders among the "Top 25 Best Young Entrepreneurs of 2007" After the sale of Tatto to Ozura World for $60 million in 2011, Bachman went on to found Scambook.com, a company that links consumers with consumer attorneys to address various types of scams.
In April, 2012, Bachman became the president of Game Plan Holdings, Inc. In March 2013, Bachman was elected as both the Chief Executive Officer and Chairman of the Board of Directors of the company, and in April was also appointed to the position of Chief Financial Officer. Game Plan Holdings is a publicly traded company under the ticker GPLH.
In 2012, Bachman became the youngest Babson alumni to fund a $50,000 scholarship, however Babson has rescinded the sponsorship when in December 2013, the Federal Trade Commission instituted legal proceedings in Federal District Court (California-Central District) naming Bachman as a defendant in a case of Mobile Cramming, a type of fraud that relies on the fact that consumers often don’t closely examine their monthly statements, or many assume that charges are legitimate. A temporary restraining order with an asset freeze was granted against the defendants including Andrew Bachman on Dec. 5, 2013.
Andrew is an avid speaker, philanthropist, fitness junky, and accused scammer.
|Aug 5, 2014||The Next Web - Mobile Cramming Operator Surrenders $1.2 Million to FTC|
|Jun 15, 2014||Bost.com - Boston Man Who Runs Anti-Scam Site To Pay Millions in Scam Settlement|
|Jan 7, 2014||law360.com - FTC Wins Bid To Shut Down Alleged Text Scammers - Law360|
|Dec 16, 2013||ftc.gov - FTC Moves Against Massive Mobile Cramming Operation That Heaped Millions in Unwanted Charges on Consumers’ Bills|
|Dec 16, 2013||blogs.denverpost.com - Huge cell-phone cramming operation crushed by FTC|
|Nov 14, 2013||bostonglobe.com - Boston tech goes over to the buff side - Business - The Boston Globe|
|Jul 23, 2013||nbcchicago.com - Is Scambook.com a Scam?|
|Nov 24, 2011||TechCrunch - Presentify.me Turns Unused Groupons Into Gifts|