Posted by Don on February 26, 2009 at 12:28:49:
Anyone who is or has been involved in Chicago radio is familiar with the wheeling and dealing of Chris and Bruce. Chris Devine used to own The Blaze, WWBZ.
But now the latest news is that they were defrauding an old man out of $70 million!:
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$70 Million Scam on Old Man Alleged
CENTRAL ISLIP, N.Y. (COURTHOUSENEWS) - Christopher Devine and Bruce Buzil preyed upon a lonely, frail and elderly man to defraud him of nearly $70 million for their company, Superior Broadcasting, which, contrary to their promises, never owned or bought a single radio station, the man's court-appointed guardian claims in Federal Court.
The guardian for C. Robert Allen III says Devine and Buzil funneled Allen's money through Superior to a slew of other LLCs they controlled. The guardian claims the men did this in a series of predatory moves, beginning in around 2000. Devine and Buzil both lived and worked in Chicago, the guardian says.
Here are the defendants: Christopher Divine, Bruce Buzil, Lakeshore Media LLC, Millcreek Broadcasting LLC, College Creek Media LLC, Marathon Media Group LLC, 3 Point Media Salt Lake City LLC, 3 Point Media Delta LLC, 3 Point Media Utah LLC, 3 Point Media Franklin LLC, 3 Point Media Franklin LLC, 3 Point Media Prescott Valley LLC, 3 Point Media Coalville LLC, 3 Point Media Arizona LLC, 3 Point Media Florida LLC, 3 Point Media Kansas LLC, 3 Point Media Ogden LLC, 3 Point Media San Francisco LLC, Midvalley Radio Partners LLC, D&B Towers LLC, Superior Broadcasting of Nevada LLC, Superior Broadcasting of Denver LLC, Wackenburg Associates LLC, Portland Broadcasting LLC, Desert Sky Media LLC, and Sky Media LLC.
Allen and his guardian are represented by Lawrence Gresser with Cohen & Gresser of Manhattan.