Former Rush Owner Sentenced to Prison for Fraud

Former Rush Owner Sentenced to Prison for Fraud

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Source:nbcchicago.com.
The one-time owner of the Chicago Rush Thursday was sentenced to more than three years in prison for defrauding investors in the failed Arena Football team.Prosecutors said David Staral was a serial fraudster who lied to Arena Football League owners four years ago when he bought the struggling Chicago franchise, claiming to the league he was a successful investor even as he was drowning in debts that included fines for another scam, the Chicago Sun-Times is reporting.U.S. District Judge Ronald Guzman said Staral presented a “a unique case,” noting that Staral had lied even on his bankruptcy paperwork and to a bankruptcy judge working out of the same federal courthouse where Staral now faced sentencing.

Goto Original Post: http://www.nbcchicago.com/news/sports/former-chicago-rush-owner-sentenced-to-more-than-three-years-in-prison-422056343.html?_osource=SocialFlowTwt_CHBrand

Author: SunTimes

Published: Thu May 11 2017 20:45:23 GMT-0400 (EDT)

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