Day: May 11, 2009
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BREAKING NEWS: Government Seeks Golden Panda Default
As anticipated, the government has filed papers to finalize the forfeiture of more than $14 million seized from Bank of America accounts controlled by Golden Panda Ad Builder President Clarence Busby and his daughter, Dawn Stowers. Busby surrendered claims to the funds in September. Earlier today the government set the official total of funds seized…
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BREAKING NEWS: Government Seized $65.8 Million From Bowdoin Accounts, $14 Million From Busby Accounts
UPDATED 5:13 P.M. EDT (U.S.A.) Federal prosecutors have filed papers that formalize the official total of deposits seized from Bank of America accounts held by AdSurfDaily President Andy Bowdoin and Golden Panda President Clarence Busby. The amounts appear to be significantly higher than believed initially and take into account “credits, and net of offsets that…