BREAKING NEWS: Judge Grants Bowdoin Request For More Time, As AdSurfDaily Negotiates With Prosecutors

A federal judge has granted Andy Bowdoin more time to respond to an order to show cause.

Judge Rosemary Collyer said Bowdoin and AdSurfDaily Inc. could have until Aug. 28 to show cause why its motion to reverse Bowdoin’s decision to forfeit tens of millions of dollars to the government should not be denied.

The original deadline was Aug. 7. Bowdoin is the president of ASD. Prosecutors seized at least $65 million from Bowdoin bank accounts last year, records show.

“It is hereby ORDERED that Claimants shall file a response to . . . [the] Order to Show Cause no later than August 28, 2009,” Collyer wrote in a minute order late this afternoon.

ASD revealed in court filings yesterday that it had entered into negotiations with federal prosecutors.

Charles A. Murray, Bowdoin’s attorney, advised Collyer yesterday that the negotiations “could result in an agreement resolving the matters in dispute either in part or whole.”

A firm with a close family, membership and promotional ties to ASD — AdViewGlobal (AVG) — announced this morning that it had filed a theft report with state and federal authorities, saying $2.7 million had been embezzled from the firm.

AVG identified two suspects, saying they once were affiliated with the eWalletPlus payment processor.

In other news, the government announced it had perfected the forfeiture of more than $14 million from Golden Panda Ad Builder, another firm associated with ASD. Prosecutors said they intended to implement a restitution program for members who certified under oath that they were victims of a crime.

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6 Responses to “BREAKING NEWS: Judge Grants Bowdoin Request For More Time, As AdSurfDaily Negotiates With Prosecutors”

  1. I think if I was one of the big “winners and promoter’s” of ASD I would be very, very afraid. Sounds like Uncle Andy, the man who was too honest to testify, may just be singing like a canary. I don’t think Uncle Andy wants to die in prison, and that is bad news for “players” in ASD. Kind of explains why Andy has not been seen or heard from all this time.

    It sure is going to make the “news” by the 28th worth reading.

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  2. Oh Yaeh! ;-)

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  3. Lynndel Edgington: may just be singing like a canary.

    He may be singing, but what has he got to say that would turn the forfeiture round?

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  4. Tony H:

    Lynndel Edgington: may just be singing like a canary.

    He may be singing, but what has he got to say that would turn the forfeiture round?

    It’s not the forfeiture that is in question, but his requirement “to show cause” that is in question from his Pro Se filing. At least that is my take on it.

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  5. As far “showing case” is concerned, the only plausible reason that I can think of is that someone put a gun to him head (and I dont think that the Secret Service needed to go that far).

    The reason for Andy Bowdoin’s motion to withdraw his submission to the forfeiture might well be that someone put a gun to his head, but that’s another story.

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