Friday, February 26, 2010

Skull and Bones Member Pleads Guilty to Fleecing Investors

The Daily Herald reports:
Forrest David Laidley - the builder of a prominent Lincolnshire mall and former board member of a publicly traded company - has admitted fleecing investors and financial institutions.

Although federal prosecutors say Laidley fraudulently obtained more than $10 million, his attorney has filed documents contending the amount is overstated. His defense attorney, Kenneth Cunniff, couldn't be reached for comment Friday.
There's more:
Laidley graduated from Yale University in 1966. He played linebacker on Yale's football team and belonged to the prestigious Class of '66 Skull and Bones Society, which included Democratic U.S. Sen. John Kerry.
No word yet on whether John Kerry still supports his fellow "patriarch".