BCI Defense Makes Final Acquittal Bid In $50M Fraud Trial

Law360, Chicago (February 29, 2012, 7:38 PM EST) -- An attorney for BCI Aircraft Leasing Inc. and its CEO told Illinois federal jurors Wednesday that prosecutors failed to prove her clients had any intent to defraud investors and lenders in an alleged $50 million scheme, making one last push for acquittal before deliberations begin.

The government addressed the jury as well Wednesday before the second and final day of closing arguments wrapped up in the criminal trial of BCI, its founder and CEO Brian Hollnagel and its current managing director and one-time Chief Financial Officer...
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