Here is the latest situation with the ASD case.  Andy Bowdoin filed an appeal of Judge Collyer’s rulings approving all the Forfeiture in Rem actions.  Specifically he has appealed the ruling regarding the seizure of the cash in his bank accounts. 

The Appellate court should be making a ruling within the next 4-6 weeks.  Until Andy exhausts all his appellate motions, refunds to the true victims of ASD cannot go forward.  Nothing can be done until the property and cash are in the hands of the US Treasury Department.  The sale of the houses, cars, boats, water toys, and business building cannot be done until the government has title to the property.  It is projected that it will take up to a year before refunds can commence to the victims of ASD.  The more Andy appeals, the longer this process will take.

There have been 3 Grand Jury’s impaneled, and the results have been sealed.  It is expected the criminal side of this case will be filed within the next couple of months.  It remains to be seen just who all will be indicted in the ASD case.  The criminal charges can be brought at any time. It is not contingent on the civil case to be completed before criminal charges can be filed.  We have reason to believe the delay is being caused by the number of criminal indictments that will be issued.

When criminal charges are filed, we will post all the information here under our ASD link.