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Boston Blackie's Owners Arrested For Alleged Fraud

March 15, 2010
Total Loss: $1.8 million
Not even one month after Holiday Club owner Timothy Juliusson was arrested for cheating on his taxes, Boston Blackie's owners Chris and Nick Giannis have been arrested with employee Andy Bakopoulos while fleeing for Canada in an alleged $1.8 million check kiting scheme. The family-owned corporation has remained open despite recently filing for Chapter 11 bankruptcy in December, with $6.4 million in debt for their eight locations. No word on what this means for the restaurant quite yet, but we recommend paying in cash in the meantime.
Source: NBC Chicago
Posted in: Check Fraud
Tags: checkover 1m