Former CEO of Wood Dale company acquitted of all charges
Posted September 21, 2021 1:00 am
A former executive of a Wood Dale manufacturing company has been acquitted in a federal case that accused him of inflating revenue reports by $24 million.
Following a four-week bench trial, U.S. District Judge Robert Gettleman on Monday cleared Gary Winemaster of all counts.
Winemaster, the former CEO of Power Solutions International Inc., was charged in 2019 with 10 counts of wire fraud, as well as counts of securities fraud, making false statements and failing to certify financial reports.
• For the full story, visit chicago.suntimes.com.
Article Comments
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked.
If a comment violates these standards or our terms of service, click the "flag" link in the lower-right corner of the comment box. To find our more, read our FAQ.