BULLETIN: Andy Bowdoin Trial Date Set For Late September Of 2012; Both Sides In Case Have Nearly A Year To Prepare Before Jury Will Hear Ponzi Testimony
A status hearing on the case was held in the District of Columbia Friday. U.S. District Judge Rosemary Collyer presided.
Bowdoin is charged with wire fraud, securities fraud and selling unregistered securities. He was arrested in December 2010 and freed on bail.
Collyer laid out the following schedule, the Blog has learned:
Pretrial motions are due by Aug. 1, 2012. Responses are due two weeks later, on Aug. 15, 2012. A pretrial conference is scheduled a week after that, on Aug. 22, 2012. The actual trial is slated to begin a little more than a month later, on Sept. 24, 2012.
How many days or weeks the trial is expected to last was not immediately clear. Bowdoin, 76, claimed in court filings to have more than 100 witnesses. How many witnesses he’ll actually call is unclear.
Prosecutors have claimed to be in possession of hundreds of thousands of pages of evidentiary material.
Depending on when the trial ends next year, Bowdoin may be 78 before he hears a jury verdict.
In August 2008 — in the earliest days of the ASD case — some analysts predicted that the litigation could consume three or more years. The trial date, as it stands, reflects that the ASD-related litigation will have entered its fifth year when a jury is impaneled. The seizures of ASD-related assets began on Aug. 1, 2008, a date parts of the Northern Hemisphere were experiencing a total eclipse of the sun.
By coincidence, the date for pretrial motions — Aug. 1, 2012 — is the fourth anniversary of the seizures. When that date passes, the litigation will enter its fifth year.
Some ASD members claimed in August 2008 that ASD would be cleared and that matters would be settled by the Wednesday following the Friday seizures. Just days after the quick-settlement claims were made, Bowdoin described federal prosecutors and the U.S. Secret Service as “Satan.”
The ASD case has featured many bizarre claims.