Con Relinquishes Condé Nast’s Money

NEW YORK—The enterprising man who managed to lure Condé Nast into depositing nearly $8 million into his bank account under the guise that he represented printer Quad/Graphics, has relinquished his claim to the money, Forbes reported.

Andy Surface, of Alvin, TX, waived claim to the money and agreed not to dispute the seizure, but the waiver he signed in Manhattan federal court also stated that it not "be deemed an admission of culpability, liability or guilt." It was not immediately known whether criminal charges will be levied against Surface for the theft and posing as a representative for Sussex, WI-based Quad/Graphics.