Saturday, October 05, 2013

Ex-CBOT chief accused of fleeing country to keep millions from ex-wife

The Chicago Sun-Times reports:
Former Chicago Board of Trade Chairman Patrick Arbor, one of this town’s leading movers and shakers for three decades, is subject to arrest should he ever set foot here again.

Given the lengths to which Arbor has gone to leave Chicago behind, allegedly fleeing to Europe to shield tens of millions of dollars in assets from his wife in their divorce, it is reasonable to conclude he does not intend to return.

A Cook County judge issued a new bench warrant on Tuesday for Arbor, 76, a pal of many politicians including former Mayor Richard M. Daley, as well as a business and civic fixture still listed as a trustee at Loyola University.