Law360, New York (August 19, 2011, 5:49 PM ET) -- 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.
U.S. District Judge Amy St. Eve said that 10 wire counts related to the investment scheme weren't duplicitous because they were all part of a unitary, overarching scheme in which the defendants all had the same goal of obtaining financing for BCI and lining their...
BCI Wire Fraud Part Of Single $50M Scheme: Judge
To view the full article, take a free trial now.
