Former Myth nightclub owner gets 6-month sentence
- December 7, 2011 - 7:29 PM
The former owner of the Myth nightclub in Maplewood on Wednesday was sentenced to six months in the workhouse for falsely obtaining a $600,000 loan.
Michael Ogren, 44, of Roseville had pleaded guilty in Anoka County District Court to felony theft by swindle over $35,000 for obtaining a $600,000 loan in 2008 using Myth stock as security. He told the bank he had not previously pledged the stock as security, but it was later found that the stock had been pledged as security twice.
Myth was closed in 2009 under Ogren and was reopened under different management.
Besides the workhouse sentence, he was ordered to pay restitution of $688,333 and can't hold any position of fiduciary responsibility unless approved by the corrections department. He also was placed on 20 years' probation.
Last month, Ogren was sentenced in Ramsey County to 30 days in the workhouse for buying beer from a Wisconsin retailer for resale at a White Bear Lake bar. According to charges, Ogren, as well as employees of the Stadium Bar, which Ogren owned at the time, bought beer kegs and liquor last year from a store in Hudson, Wis. The alcohol was then resold at the bar, which Ogren no longer owns.
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