Feds: Chicago Sports Webio Founder David Hernandez Faked Cancer To Stall Sentencing
August 27, 2010 at 2:38 PM (PT)
The financier who backed Internet sports radio start-up CHICAGO SPORTS WEBIO and was later convicted of running a Ponzi scheme is being accused of faking cancer to delay his sentencing. The CHICAGO TRIBUNE reports that prosecutors are asking a federal judge to revoke the bond of DAVID HERNANDEZ, who pleaded guilty in JANUARY to fraud charges, because HERNANDEZ, they claim, submitted a fake doctor's letter claiming he would undergo cancer treatment, including chemotherapy, surgery, and radiation, in order to stall the proceedings.
HERNANDEZ also failed to show up for an AUGUST 19th hearing, with his wife telling the court he had suffered a stroke; while HERNANDEZ did go to the hospital, test results were negative.
HERNANDEZ was arrested THURSDAY and was allowed to return home with a tracking device through SEPTEMBER 1st, when a bond hearing will be held. He faces 14 years in prison for the scheme. HERNANDEZ' CHICAGO SPORTS WEBIO, the online Sports/Talk station launched in early 2009 by former CBS RADIO Sports WSCR-A (670 THE SCORE)/CHICAGO host MIKE NORTH (now joining FOX SPORTS RADIO), briefly operated with a lineup of prominent former local Sports/Talkers before the operation folded due to nonpayment of salaries.