Golden Panda and ASD Cash Generator Under Investigation

Last week it was announced that the Golden Panda Ad Builder and the ASD Cash Generator programs are temporarily closed because they are being investigated by the Attorney General's office. As of this writing, both websites have been taken down, with the Golden Panda website updating a news update post. All assets have been frozen; no funds can be moved in or out of any accounts.

The Golden Panda website is posting a news update and it appears they are trying to hold conference calls with members to advise them of current events. ASD Cash Generator had sent out an e-mail the other day advising members the reason for the investigation. They report that a member had filed a complaint with the Attorney General's office as they had not received their payment as quickly as they would have liked. They go on to advise that business will resume once the investigation has been completed and do not anticipate a prolonged downtime.

The Golden Panda Ad Builder program has only been in business for 2 weeks. It has had high activity prior to launching, which potential participants waiting to obtain memberships with money in hand. I believe the Attorney General's office has investigated the ASD Cash Generator before and did not see any problems as far as I know. I would rather have these programs investigated now versus later before more and more people begin depositing funds. I am hopeful both programs will be without problems and will have their doors open for business once again shortly.