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http://www.freerepublic.com/focus/news/2469973/posts?page=5

Broadway Bank, owned by U.S. Senate nominee Alexi Giannoulias’ family, was defrauded in an alleged check-kiting scheme by the owners of a popular Chicago restaurant, Boston Blackies.

Nick Giannis and his son, Chris, are charged with stealing nearly $2 million.

Chris posted bond and was released Friday from Cook County Jail. His father Nick remains jailed in Detroit.

Alexi Giannoulias said Friday in a statement he was “shocked and appalled” at the arrests Thursday of principals in the Boston Blackies restaurant chain.

Thirty-eight year-old suspects Chris Giannis and Andy Bakopoulos were picked up in Chicago while Blackies founder 62-year-old Nick Giannis was detained in Detroit allegedly trying to leave the country.

Giannoulias reportedly has known the elder Giannis and son for decades. Not only has Nick Giannis donated $119,000 to Giannoulias’ campaigns for treasurer and the U.S. Senate, the Giannoulias family’s troubled Broadway Bank has made business loans to the Boston Blackies chain.

(Excerpt) Read more at abclocal.go.com ...


611 posted on 03/12/2010 6:29:25 PM PST by hoosiermama (ONLY DEAD FISH GO WITH THE FLOW.......I am swimming with Sarahcudah! Sarah has read the tealeaves.)
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Catherine H on FOX news/ Specialreport/ bret baier stated this evening that Patrick Fitagerald was meeting with the CIA and that the case he had been working on with them had been closed for some time.


612 posted on 03/15/2010 3:58:26 PM PDT by hoosiermama (ONLY DEAD FISH GO WITH THE FLOW.......I am swimming with Sarahcudah! Sarah has read the tealeaves.)
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