A former Chicago White Sox scout, Jorge Oquendo Rivera, was sentenced to a year and a day in prison for his role in a scheme to take kickbacks from signing bonuses paid by the team to Latin American prospects.
Latham & Watkins LLP’s Zachary Fardon was nominated by President Obama to be U.S. Attorney for the Northern District of Illinois in Chicago. He would replace Patrick Fitzgerald, who left last June and joined Skadden Arps Slate Meagher & Flom LLP.
A Taiwanese man with ties to North Korea who the U.S. called a proliferator of weapons of mass destruction in 2009 and his Chicago-area son were charged with trying to evade federal laws curbing the spread of such weapons, prosecutors said.
Former MF Global Holdings Ltd. Chairman and Chief Executive Officer Jon S. Corzine helped accelerate the futures brokerage’s demise with risky business strategies and mismanagement, according to a report by bankruptcy trustee Louis Freeh.