Shadowjoe
Administrateur/Administrator
Number of posts : 9815
Age : 45
Registration date : 2006-10-28
 | Subject: NHL owner Del Biaggio gets over eight years in prison  Tue 8 Sep - 16:48 | |
| A federal judge has sentenced a Silicon Valley financier to more than eight years in prison for bilking banks and investors out of millions of dollars in an attempt to buy an NHL team and finance a lavish lifestyle.
William (Boots) Del Biaggio III was sentenced Tuesday in San Francisco. He pleaded guilty earlier this year to a felony charge of forging financial documents to obtain US$110 million in loans from several banks and two NHL owners.
He used the money to buy an interest in the NHL's Nashville Predators and to pay personal expenses that included $4 million in gambling debts.
The judge also ordered him to pay more than $67.4 million in restitution. His interest in the hockey team will be sold and the proceeds distributed to his victims.If Phoenix doesn't end to Balsillie, Nashville will be is second shot  | |
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Calixte
Prospect au repêchage/Draft prospect
Number of posts : 2
Age : 48
Registration date : 2010-05-26
| | Subject: Re: NHL owner Del Biaggio gets over eight years in prison Thu 27 May - 4:02 | |
| he sure deserved this  | |
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