Ex-city official gets 18 months in prison for role concealing multimillion-dollar embezzlement scheme that led to Bridgeport bank collapse

Mahon concealed a $130,000 payment he received directly from the bank president to use as a down payment on a loan to build a three-flat.

Mahon trusted Gembara, his friend, who strategically involved Mahon in the bank's workings knowing he had no banking experience to recognize the malfeasance.

Read at Chicago Tribune