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Crooks and scoundrels: Judd Bagley (a/k/a Judson Bagley), Overstock.com Bitcoin Chief, Confesses to Forgery, March 19, 2013
Crooks and scoundrels Published on Oct 4, 2015 Judd Bagley of Overstock.com confesses to forging prescriptions for addictive drugs on March 19, 2013. Bagley was Overstock's director of communications and its founding "cryptocurrency [bitcoin] group general manager. " He was charged with multiple felony counts and pleaded guilty to reduced charges. This video was obtained from the Lehi (Utah) Police Department by journalist Gary Weiss under the Freedom of Information Act. It has been edited to remove personally identifiable information. Bagley received widespread press attention as a top offiicial at Overstock.com and a key aide to CEO Patrick M. Byrne. Publicity concerning Bagley included a profile in the New York Observer ("Shooting the Naked Messengers" by Max Abelson, Jan. 13, 2010, youtube.com, The New York Times ("Flames Flare Over Naked Shorts" by Dan Mitchell, Jan. 20, 2007 youtube.com and The Register (UK). His criminal conviction was featured in an article in The Daily Beast ("Gold-Hoarding Boss Wants To Be Governor" by M.L. Nestel, Nov. 28, 2015, youtube.com He subsequently left Overstock.com and has become a leading spokesman for artificial intelligence, and was quoted on that subject in the New York Times ("Why A.I. Researchers at Google Got Desks Next to the Boss" by Cade Metz, The New York Times, Feb. 19, 2018 youtube.com ). This video is interesting on several levels, especially since bitcoin has been wracked by controversy over its use as a medium for drug trafficking, money laundering, and other criminal acts. Bagley inaugurated Overstock's Bitcoin effort as well as Byrne's self-described "jihad" against the news media and short sellers. At 32:00, the officer coaxes Bagley to identify himself in a surveillance photo showing him at Wal-Mart, forging a prescription in the company of his seven-year-old daughter, thus validating key evidence. At 48:15, after Bagley tells the officer that images of forged prescriptions are contained on a thumb drive, he admits that the drive is with him. The officer seizes on this unexpected gold mine, and he induces Bagley to voluntarily surrender both that thumb drive and another one containing work-related material. No lawyer would have consented to such a disclosure at this stage. To prepare for any future arrests,, Bagley might be well advised to watch a popular lecture by a law professor: "Don't Talk to the Police." youtube.com Further information is available at youtube.com
