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Thursday, December 15, 2011

Ind. Courts - "Real estate deal leads to charges: Broker, 2 attorneys are indicted on multiple fraud counts"

That is the headline to the story in today's Indianapolis Star, reported by Jon Murray.

But the giant photo leading the story in the online version is of the head of "Former Prosecutor Carl Brizzi [who] had ties to the deal, but he was not mentioned in the indictment." From the beginning of the story itself:

An Indianapolis real estate broker and two area attorneys have been indicted by a federal grand jury on allegations they defrauded a bank and the state in a real estate deal.

John M. Bales II, 44, and Paul J. Page, 47, both of Indianapolis, and William E. Spencer, 44, Carmel, were charged with one count of conspiracy to defraud, one count of bank fraud, three counts of mail fraud and eight counts of wire fraud. Page also was charged with one count of making false statements to the bank.

The U.S. attorney's Hammond office handled the case and announced the indictments Wednesday.

The indictments center on an Elkhart real estate deal involving a state agency that leased office space for 10 years in a building that is co-owned by Page and former Marion County Prosecutor Carl Brizzi.

Brizzi received a 50 percent stake in the building without putting up any money. But he has not been indicted, and his name was absent from court documents issued Wednesday.

Posted by Marcia Oddi on December 15, 2011 01:35 PM
Posted to Indiana Courts