teetime.com TeeTime Golf Gift Cards Company sold gift cards, and company knowingly went out of business. Rolling Meadows, Illinois

In December 2009 I received 2 $25.00 gift cards from may manager as a Christmas Gift. Tried to use these in Phoenix last November (2010) and the course stated that I needed to call them. I did so and the number was disconnected. I did not have a computer with me, so I paid full green fees that day.
I came home and tried to use them again, and same results, and unable to contact on internet or web site.
How do I tell my manager that both him and myself have been duped? $50 down the drain and an embarrassment to all, with worthless plastic.