Overstock.com Hatchet Man Judd Bagley’s Downward Spiral: Junkie, Confessed Criminal, Admitted Adulterer by, Sam E. Antar, White Collar Fraud

In the years that I’ve written extensively about Overstock.com, I have always been amazed about its bizarre CEO Patrick Byrne and the gang of misfits he has surrounded himself with. By far, the worst was a real loser named Judd Bagley. He dredged up that character from the bowels of the Internet, hiring him as a kind of all-purpose stalker and cybercriminal, harassing and intimidating certain investigative reporters and critics of Overstock.

Overstock.com Hatchet Man Judd Bagley's Downward Spiral: Junkie, Confessed Criminal, Admitted AdultererAs a criminal myself, in my many years managing the Crazy Eddie fraud, I learned to be careful about employing people with mental problems or substance abuse issues. Byrne himself, of course, was completely unhinged, with his paranoid rants and sometimes anti-Semitic and misogynist comments, making him a laughingstock. In January 2013, Byrne was arrested for having a handgun concealed in his luggage as he tried to board a commercial flight at Salt Lake City airport, and he told police he sleeps with a gun. He hired paid goons like Bagley (currently employed as the Director of Communications at Overstock.com) to stalk his real and imagined adversaries and to write lengthy conspiracy theories on the Internet.

Over the years, as Byrne lied to investors, used illegal accounting tactics to overstate profits, defrauded consumers, and viciously attacked his critics, he used Bagley as a kind mafia hitman to assassinate the reputations of critics and journalists who questioned in actions, a role that Bagley clearly relished.

Though Byrne managed to charm a tiny number of idiots in the media, mostly members of the Utah press corps, it was plain to me from the start that Bagley clearly had “issues.” His obsessions and the vicious hatred that he exhibited in his online postings, combined with his protestations of purity and phony “piously religious family man” image, raised alarm bells. But only recently have I been able to learn what an absolute horror show, hypocrite and creep this Byrne employee was, and is.

It turns out that Judd Bagley is an admitted criminal and adulterer according to publicly filed court documents I’ve obtained [State of Utah vs. Judson Montgomery Bagley and Plaintiff Husband vs. Judson Montgomery Bagley]. (Note: Bagley, Byrne and Overstock.com are enmeshed in a libel suit brought by one of the targets of his “Deep Capture” website, but I emphasize that I was initially tipped off about Bagley’s crime by an Internet sleuth, not the people suing him. During my research, I discovered another court case involving his adulterous affair. I obtained the court documents from both cases on my own.)

Meanwhile, Overstock.com’s former President and current Board Chairman, Jonathan Johnson is planning on running for Governor in Utah, while Judd Bagley remains on the payroll as its chief spokesman to the media and investors.

How Judd Bagley Stalked Critics

A bit of background first.

Overstock.com Hatchet Man Judd Bagley's Downward Spiral: Junkie, Confessed Criminal, Admitted Adulterer

In 2005, Patrick Byrne made obscene and misogynistic comments to a female reporter suggesting that she gave “blowjobs” to Goldman Sachs traders after she published an article that he disliked. Two years later, investigative journalist Roddy Boyd from the New York Post reported that Patrick Byrne used Judd Bagley to secretly stalk and conduct a smear campaign against critics on the web. Bagley used anonymous aliases on stock chat boards to attack critics of Byrne. He hacked into the accounts of stock chat board posters and implanted spyware in emails to improperly gain personal information on critics. Bagley retaliated by attempting to blackmail the tech savvy blogger who initially exposed his activities. Then in 2009, Patrick Byrne used Judd Bagley to pretext journalists and critics (including me) to gather information about their family members (including minor children) and friends by setting up a phony profile on Facebook under the name Larry Bergman. That resulted in a spate of bad publicity and got Bagley kicked off Facebook.

In February 2009, I exposed certain violations of accounting rules by Overstock.com that allowed it to fabricate a Q4 2008 profit rather than properly report a loss in that quarter and overstate its reported income in later quarters. Patrick Byrne retaliated by personally attacking me on a stock market chat board, during various earnings calls, and in the press in an effort to discredit me. During that time, Judd Bagley injected himself into divorce proceedings by contacting my former spouse who ignored him. Bagley used illegal pretexting tactics to “friend” my children and relatives on Facebook using his phony account. Bagley’s illegal actions was a clear retaliation for my pointing out the company’s accounting violations. My work was vindicated when at my request the Securities and Exchange Commission investigated Overstock.com and forced it to restate its financial reports to correct its illegal accounting practices.

Judd Bagley: Admitted Forger, Drug Addict and Adulterer

Judd Bagley should have been thrown in jail a long time ago for violating a host of federal laws. But our captured regulators have generally ignored Overstock’s serial law violations. Eventually, though, the drug-addicted misfit wound up behind bars.

On April 1, 2013, Judd Bagley was charged with eight felony counts of “Obtaining a Prescription Under False Pretenses, a Third Degree Felony, in violation of Utah Code Ann § 58-37-8(3)(a)(ii)….” According to Court Documents, Bagley altered the same prescription nine times by forging the dates and altering the names of substances he was looking to obtain illegally:

  1. Kirkham, Lehi Police Department, having probable cause to believe a crime was committed, submitted evidence in support of the filing of this Information: On May 4, August 30, October 29, and December 11, 2012, the defendant presented a script for controlled substances (Lortab and Adderall) at the Macey’s Pharmacy in Lehi. The script had originally been written in December, 2010, to be used one time. The defendant had altered the dates and/or the substance in order to receive the substances fraudulently. He did the same thing with the same original script, filling prescriptions for Lortab and Adderall on June 4 and August 30, 2012 and January 2 and January 31, 2013 at the WalMart pharmacy in American Fork. He presented the script again in February, 2013, but the pharmacy refused to fill it. Defendant admitted his conduct when interviewed by police. [Emphasis added.]

On April 4, 2013, Judd Bagley was ordered to report to Utah County Jail for arrest and to have his mugshot and fingerprints taken by the police. On June 4, 2013, Bagley pleaded guilty to three Class A criminal misdemeanors. He was ordered to wear a GPS tracking device in lieu of spending time in jail before his sentencing.

Judd Bagley Confession
</p srcset=

1, 2  - View Full Page