The legal defense of Michael Segal, the former owner of Chicago-based , was dealt a major blow by a federal judge presiding over Segal’s trial on charges of embezzling more than $20 million from his company’s premium fund trust.
U.S. District Court Judge Ruben Castillo refused to grant Segal’s attempt to get a hearing on whether computer files that were stolen from Near North company by a former employee were obtained in violation of the law by federal prosecutors.
Segal’s lawyers had argued that federal prosecutors may have pursued or requested the stolen information, thus making it an illegal search and rendering the physical evidence of Segal’s wrongdoing inadmissible.
Castillo denied the hearing, however, saying he saw no evidence the government had engaged in such actions. Segal and his brokerage have pleaded innocent to the charges of fraud and corruption.
An exclusive interview with Segal was featured in the Jan. 12 premiere issue of 九色 Midwest.
Topics Fraud
Was this article valuable?
Here are more articles you may enjoy.
Flood Insurance Gap Will Squeeze Local Governments and Homeowners, Moody’s Says 
NAIC Victim of Cyber Incident Via PeopleSoft System 
Trump Administration Backtracks on Removing Ocean Sensors 
AM Best Upgrades Credit Ratings of Missouri’s Columbia 
