Why Household International Liked Illinois

Why Household International Liked Illinois

Why did William F. Aldinger like Illinois as headquarters for Household International - a leader in predatory lending? Read on.

CHICAGO — Former Gov. George Ryan was convicted of racketeering and fraud Monday (April 17, 2006) in a corruption scandal that ended his political career in 2003. Ryan faces up to 20 years in prison for racketeering conspiracy charge alone, the most serious against him in the 22-count indictment. The jury found him guilty of all counts, including fraud, obstructing the Internal Revenue Service and lying to the FBI.

Co-defendant Larry Warner, a Chicago businessman and Ryan friend, was found guilty of racketeering conspiracy, mail fraud, attempted extortion, illegally structuring bank withdrawals and money laundering.

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