Ex-Chicago Rush owner pleads guilty to fraud

 
 
Posted4/6/2016 3:48 PM

Former Chicago Rush owner David Staral finally pleaded guilty Wednesday to federal fraud charges leveled against him more than a year ago in connection with his doomed purchase of the Arena Football League team.

The 36-year-old Waukegan native appeared before U.S. District Judge Ronald Guzman during an afternoon hearing and admitted to one count of bankruptcy fraud and one count of wire fraud. He spoke in a weak voice and wrung his hands when the hearing ended. Afterward, he quickly left the Dirksen Federal Courthouse without commenting.

 

He faces a maximum of 25 years in prison at his sentencing hearing, which is set for July 11.

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