Just in Case You Think the Only Corrupt People are Politicians

There are business crooks, too.

And U.S. Attorney Patrick Fitzgerald has indicted two such alleged crooks today.

George Konjuch, a former LaSalle Bank first vice president in charge of security is charged with

“allegedly” accepting “$400,000 in cash and other benefits in return for steering tens of millions of dollars worth of “above market-price(d) for preventative maintenance on security equipment and other services” to Armando Navarrete and his company, Navarrete Industries, doing business as “Integrated Security Solutions” and “INS.”

From 2001 through 2006, the security firm over billed LaSalle and the bank that bought LaSalle, ABM AMRO.

When’s the last time you heard of a politician getting $400,000 in bribes?

The overcharging is said to have been $45 million.

Less than a one percent kickback, as I figure it.

There is one similarity to the charges brought against former Governor George Ryan.

Both were alleged to have received wedding presents for their children in their indictments.

You can read the entire press release here. Posted first on McHenry County Blog.

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