1/30/2024 0 Comments Islanders point blankAmong the "laughable" excuses Spano offered were that he needed a copy of a written agreement with the team's top minor league affiliate, the Kalamazoo Wings and to have his South African partners meet with Stars officials. Despite Spano's claimed wealth, Lites said the house was unfurnished. Years later, Jim Lites, the Stars' president at the time, recalled visiting Spano's mansion in the Dallas suburb of University Park. Green backed out of the deal in November, eventually selling the team to Tom Hicks. In September 1995, he reached a tentative agreement to buy a 50 percent interest in the Dallas Stars, but the date for the closing was pushed back several times, during which Spano began making what owner Norman Green called unreasonable demands. After working several sales jobs in Pittsburgh and Dallas, he founded the Bison Group in 1990, a Dallas-based company that primarily leased aircraft. He graduated from Duquesne University with a degree in business administration in 1986. John he was a classmate and a high school football teammate of Urban Meyer. Spano was born in New York City but spent most of his life in Madison, Ohio, and graduated from Ashtabula St. Spano was convicted of 16 counts of forgery in Ohio in 2015 and is currently incarcerated in Grafton Correctional Institution with a scheduled release date of November 2024. He subsequently pleaded guilty to bank and wire fraud and served a federal prison sentence. He is best known for briefly buying control of the New York Islanders franchise of the National Hockey League (NHL) in 1996, before it emerged that he did not have nearly enough assets to buy the team. (born May 31, 1964) is an American businessman and admitted fraudster. Combined $12.193 million in fines and restitution.2014: Theft and forgery charges in Ohio.1997: Various charges of bank fraud, wire fraud, and forgery in New York, Massachusetts, and Texas, including fraud to gain control of the New York Islanders.Businessman, former owner of Bison Group and Commercial Financial Group
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