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Ex-Isles owner (and we use that term loosely) pleads guilty to forgery

John Spano

John Spano


From the Associated Press:

The man who conned the National Hockey League into thinking he was a wealthy entrepreneur well-qualified to buy one of the league’s most storied franchises has been convicted on fraud-related charges in Ohio.

John Spano Jr. pleaded guilty Monday to 16 counts of forgery for what authorities say was a scam that saw him collect nearly $70,000 in sales commissions on fraudulent accounts that he created. The 50-year-old Spano faces as many as 16 years in prison when sentenced in a Lake County courtroom next month. He remains free on bond.

In 2000, Spano was sentenced to 71 months in prison for bank fraud, related to his infamous agreement to purchase the New York Islanders.

Not long after his release, he was sentenced to an additional 51 months for another fraud he committed.

And now this.

It’s almost like this guy is kind of deceitful.