Probe Into BCI Investments Leads To More Charges

Law360, New York (September 9, 2010, 6:18 PM EDT) -- Prosecutors have filed new fraud, obstruction and bribery charges against grounded BCI Aircraft Leasing Inc. CEO Brian Hollnagel, accusing him and others of participating in a $50 million fraudulent investment scheme and jamming up the U.S. Securities and Exchange Commission’s inquiry into their alleged wrongdoing.

U.S. Attorney for the Northern District of Illinois Patrick Fitzgerald, Robert D. Grant of the FBI's Chicago Office and Alvin Patton of the Internal Revenue Service announced the expanded 21-count indictment Thursday, seeking to recoup some $50 million in ill-gotten gains,...
To view the full article, register now.