Accused Web site investor is missing
June 16, 2009 3:03 PM | No Comments
David Hernandez, the investor in a Chicago Internet radio station who was accused Monday by federal regulators of operating a Ponzi scheme, is missing, according to the Downers Grove police.

Hernandez's wife, Gina, reported him missing after he did not return home from work Monday evening, police said. The couple live in Downers Grove.

Hernandez, 48, was last seen driving an olive-colored 2005 Ford Explorer, police said. He was wearing a burgundy shirt and khaki pants.

Hernandez bilked more than 100 investors in at least 12 states out of $11 million by guaranteeing fixed rates of return as high as 16 percent, the Securities and Exchange Commission said in a civil action filed Monday in federal court in Chicago.

Hernandez told investors that their money would fund a payday lending business but instead he used the cash for personal expenses and other business ventures. One was Chicago Sports Webio, an online site that broadcasts sports-talk shows featuring Mike North, Dan Jiggetts, Chet Coppock and other radio personalities, the SEC said.

Any person with information in regards to his whereabouts should contact the Downers Grove Police Department immediately at 630-434-5600.

asachdev@tribune.com

Hope they find this prick with a bullet in his head.

_________________
"Nobody ever went broke underestimating the taste of the American public." ~ H.L. Mencken

the high-roller drives a 2005 olive colored ford explorer??

_________________
Reality is your friend, not your enemy. -- Seacrest

Are you crazy? He may deserve it, but we don't have the chance to see what was really going on and who, if anyone, was also involved. Now if one of Pappy's buds happens to be the one that sent him for a long walk off the short pier, then we might have more board fodder.

did he take the piano too?

I bet ya MUrph is hiding him in Abbey's old drawers.

I'd like to know the expected turnaround time on this investment, because if we're talking 12 months, then these "investors" had "sucker" written all over them. That's roughly double the average S&P return, and with zero risk to boot.

Is Nort really connected to anyone who could pull this off? Isn't suicide a much more likely option?

I think Bebe North killed him.

OB had him whacked.

_________________
Reality is your friend, not your enemy. -- Seacrest

My sentiments exactly!

_________________
Proud to be UNVERIFIED.

Wonder if it has chrome spinners.

_________________
"It's not exactly a rocket surgery." D.J.

He might be hiding on the Webio. No one will ever find him there!

_________________
Proud to be UNVERIFIED.

Maybe it had mahogany interior? Real plush!

I just saw him running through Daley Plaza on his way toward the St. Patty's Day parade route!








Seriously though, is this really a surprise? Of course he made a run for it, what else was he going to do?

_________________

Im sure this is what happened to Hernandez.

http://www.youtube.com/watch?v=ThQFPJpVtK8

_________________
"lET ME , Worry about Luca Brasi"

was he wearing a sombrero?

_________________
Frank Coztansa wrote:
Please die in a fire.

Dammit!

What's the name of the little town in Mexico where Andy Dufresne disappeared to?

_________________
O judgment! Thou art fled to brutish beasts,
And men have lost their reason.

Zihuatanejo.

Maybe that fat fuck "KNUCKLES" finally lived up to his name.

..or perhaps Fritzy showed him a night on the town.

Or the WISEGUYS poured some scolding hot Stewarts WISEGUYS coffee down his gullet and into his orbital sockets.

This story keeps getting better imho...

_________________
Disclaimer: Most of my posts are not suitable for work or home viewing.

The name's Rockmore. Beef Rockmore

What's the latest? Where is he?

He's free to go. He hasn't been criminally charged. I sure he's out of the United States.

In Vegas playing some of the Don't Raid Me Dot Com picks.

_________________
"It's not exactly a rocket surgery." D.J.

The only thing that could possibly make this whole thing even more awesome is if it is later discovered that North murdered Hernandez last night and then North goes to jail for the rest of his life.


Oh to dream.....

_________________

Ok, that's not really all that funny, man. Hernandez might be a scumbag, North too; but let's not go putting out stuff that it would be "awesome" to see one guy kill another guy.

North might be a first class ass; but I *hope* he's not THAT stupid.

Yeah. Delete that now Shakes. That's terrible. Frontman, Delete your quote of that.

Well, you have your idea of what is awesome and I have mine. I won't apologize for wanting one scumbag to die so the other scumbag can go to jail for the rest of his life just so I can get a good chuckle out of it. No sir, I will not apologize for that.

_________________

Classic.

_________________
There goes one over the fence..Tru Link Fence..Beauty, Privacy Security....Call Tru Link.
Murph's Union 76 Truck Stop....A great Thanksgiving Tradition!!!!

WOO LIFE!!!!