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Continued: Jury finds Twin Cities lawyer liable in real estate swindle

  • Article by: JENNIFER BJORHUS , Star Tribune
  • Last update: October 23, 2013 - 9:16 PM

He was also the former chairman of First Commercial Bank in Bloomington, but the Federal Deposit Insurance Corp. barred Voigt from banking last year after he allegedly approved bank loans to Hennessey without disclosing his relationship to it.

Voigt’s solicitations for Hennessey Financial have also landed him in federal court with former Vikings teammate and friend Ron Yary, a football Hall of Famer now living in California.

Yary and others sued Voigt in 2011 for securities fraud related to Voigt’s fundraising for Hennessey Financial as a “risk-free” investment. The swindle cost an 82-year-old ticket taker at a Twin Cities movie theater his entire savings, according to the complaint.

That trial is slated to start in December in federal court in Minneapolis.

 

Jennifer Bjorhus • 612-673-4683

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