USA v. Hollnagel et al

  1. February 01, 2012

    BCI's Alleged Lies Would Have Killed $3M Loan: Witness

    A former Bridgeview Bank employee told an Illinois jury Wednesday that he would have tried to block the bank's $2.85 million loan to BCI Aircraft Leasing Inc., which now faces fraud charges, if he knew about alleged misrepresentations in the company's application documents.

  2. January 31, 2012

    Witness Says BCI's Alleged Lie Led To His Investment

    A former BCI Aircraft Leasing Inc. investor testified Tuesday that while he profited from investing with BCI, which now faces fraud charges, he never would have done so if he knew his money was not directly linked to specific assets as allegedly promised.

  3. January 25, 2012

    Ex-Broker Says BCI President Aided SEC Obstruction

    A former investment broker for BCI Aircraft Leasing Inc. told an Illinois federal jury Wednesday that BCI's president, who faces fraud charges, helped him lie to the U.S. Securities Exchange Commission, but also admitted that he couldn't be certain the BCI executive actually saw the allegedly sham document at issue.

  4. January 23, 2012

    Ex-Aviation Co. Exec Says BCI Bribes Backed Solid Deals

    A former AAR Corp. executive who copped to accepting more than $400,000 from the owner of BCI Aircraft Leasing Inc. to facilitate transactions between the companies told an Illinois federal jury Monday it was in his ex-employer's best interest to deal with BCI.

  5. January 20, 2012

    Witness Says BCI Owner Paid Him To Cinch Plane Deals

    A former executive at aviation leasing company AAR Corp. told an Illinois federal jury on Friday that the owner of BCI Aircraft Leasing Inc. funneled him more than $400,000 in exchange for his help cinching two major transactions between the companies.

  6. September 21, 2011

    BCI Aircraft CEO's Bid To Squelch Evidence Rebuffed

    An Illinois federal judge on Tuesday closed the door on an effort by BCI Aircraft Leasing Inc.'s CEO to toss out evidence gained from a search warrant in a criminal case accusing him of helping to rig a $50 million investment scheme.

  7. August 19, 2011

    BCI Wire Fraud Part Of Single $50M Scheme: Judge

    An Illinois federal judge refused Friday to toss wire fraud allegations in an indictment accusing BCI Aircraft Leasing Inc. and many of its executives of fraudulently raising $50 million from investors, ruling the counts were all part of a single scheme.

  8. August 08, 2011

    Judge Won't Hold Separate Trials In $50M BCI Fraud Case

    A federal judge in Illinois on Friday largely refused to hold separate criminal trials for BCI Aircraft Leasing Inc.'s CEO and the numerous associates implicated in a fraudulent $50 million investment scheme, but agreed to set aside charges for tax violations.

  9. May 13, 2011

    Zuckerman Spaeder Atty Fights To Stay On BCI Fraud Case

    Zuckerman Spaeder LLP tax and white collar partner Paula Junghans and her defense team on Thursday blasted prosecutors' bid to oust her from defending BCI Aircraft Leasing Inc. and CEO Brian Hollnagel in a criminal securities fraud case in Illinois.

  10. April 01, 2011

    DOJ Tries To Oust Zuckerman Atty From BCI Fraud Suit

    The Zuckerman Spaeder LLP attorney defending BCI Aircraft Leasing Inc. and its CEO in a criminal investment fraud and obstruction of justice suit in Illinois must be disqualified because of potential conflicts of interest, prosecutors said Thursday.