BCI Exec Convicted In $50M Fraud Cops To False Tax Filing

Law360, Chicago (March 11, 2013, 5:41 PM EDT) -- The founder of BCI Aircraft Leasing Inc. pled guilty to filing a false income tax return on Monday, nearly a year after an Illinois federal jury convicted him and his company of running a fraud that prosecutors said raked in more than $50 million from investors and lenders.

Brian Hollnagel, 39, copped to the charge under a plea agreement with prosecutors, and is currently set to be sentenced in July on that count as well as the six counts of wire fraud and one count of...
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Case Information

Case Title

USA v. Hollnagel et al

Case Number



Illinois Northern

Nature of Suit

Date Filed

March 9, 2010

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