Chicago Sports Webio Backer Taken Into Custody
June 23, 2009 at 5:25 AM (PT)
SPECTRUM ENTERTAINMENT head and CHICAGO SPORTS WEBIO backer DAVID HERNANDEZ has been taken into custody after a week on the lam from federal fraud charges. HERNANDEZ was found in a hotel room in NORMAL, IL suffering from a drug overdose; he was taken to a hospital by FBI officials.
HERNANDEZ was charged last week with mail fraud for allegedly diverting investors' money to fund Internet Sports Talk station CHICAGO SPORTS WEBIO and for personal use; he was reported missing by his wife on JUNE 15th, triggering a nationwide manhunt. The station closed last week after initially firing three executives, including principal MIKE NORTH, the former CBS RADIO Sports WSCR-A (670 THE SCORE)/CHICAGO morning host.