U.S. Cellular Field Hosting Rare Concert Harden, Farrell Star In Foot Locker Ads Fox, NHL Finalize Streaming Deal Associated Bank Re-signs Nelson, Cobb Jordan Speaks Out On Police Violence NFL Clears Peyton Manning Of PED Use NBCSN Down Slightly For Brickyard 400 Louisiana Gov. To Talk ASG With Silver Eagles Make Toyota First Auto Sponsor Since '08 Twitter To Stream Live MLB, NHL Games
SBD/21/Law PoliticsPrint All
Robert Houston, a former accountant for L.A. Kings President Bruce McNall, has agreed to plead guilty to three criminal counts for his role preparing false tax returns and financial statements so that McNall could get more than $150M in loans to "shore up his deteriorating business and financial situation." The plea is expected to be entered within two weeks. Houston was accused in court papers of being part of a group of McNall officials "who for the last eight years fraudulently obtained loans by inflating McNall's income, overstating his assets and understating or omitting previous loans." Houston is the second McNall executive to agree to plead guilty within the last month and about a dozen former McNall associates are known to be negotiating pleas (Bates & Dillman, L.A. TIMES, 9/21).