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Hakkins pleads guilty to lesser fraud charge
South suburban developer Michael Hakkias, 65, Palos Park, pleaded guilty to one financial institution fraud count in Lansing land deal. The government dropped nine heavier charges including mail and wire fraud, conspiracy and perjury. Sentencing set for July 16 with four to six months in prison and a $10,000 fine plus $1.5 million restitution. Co-defendants remain on trial.
MENTIONED IN THIS ARTICLE
Star
Lansing
Hakkins
Wabick
David Heyes
David Roth
New World Music Theatre
Tinley Park
Halikias
United States
Greece
Canada
Concordia Federal
Inter-Continental Real Estate and Development
Anothe
Connaught
Ziebell Water Service
Tant
U.S
Chicago
Monica
Martin
Monico
Ikias