Posted by Blue on June 23, 2009 at 10:29:50:
In Reply to: Trib: Hernandez rose swiftly, fell rapidly posted by Blue on June 23, 2009 at 10:29:10:
From Ed Sherman's blog last night....
Statement from Mike North on David Hernandez's arrest
Posted by Ed S.
at 6/22/2009 7:06 PM CDT on Chicago Business
Mike North and his wife Be-Be issued a statement following the arrest of David Hernandez Monday.
"Many people have reached out to us since the capture of Hernandez. We are pleased he has been apprehended, and we hope he is appropriately punished. Our hearts are concerned about the number of people he hurt, including his own family. We have no further comment at this time."
Mr. North and his wife helped found Chicagosportswebio with Mr. Hernandez. The Internet sports talk station was shut down after Mr. Hernandez was charged last week with running a Ponzi scheme, bilking investors out of $11 million. He used some of the funds to launch Webio.
He was taken into custody Monday.