Barnes & Thornburg White Collar Crime partner Larry Mackey represented John Bales, President and founder of Venture Real Estate Services, in his full acquittal in a 13-count federal mail, wire, and bank fraud trial in the U.S. District Court for the Northern District of Indiana.
Mackey represented Bales since near the start of the investigation, through indictment, and at trial. Bales, and Venture's general counsel William "Bill" Spencer, were accused of defrauding the State of Indiana and Huntington Bank.
Venture served as the State's tenant representative and helped place various state agencies in 160 private offices throughout Indiana. Bales and Spencer were accused of obtaining an ownership interest in one of the buildings leased to the Indiana Department of Child Services and then concealing that interest from the State and Huntington Bank officials in violation of Venture's contract with the State and loan documents signed by the building's landlord.
The three-year long investigation was conducted by the FBI and the trial lasted nearly two weeks with more than 700 trial exhibits. The trial was covered extensively by the Indianapolis Business Journal and included the testimony of several high-ranking former officials in the State administration. The jury deliberated eight hours and found both Bales and Spencer not guilty of all charges.
Barnes & Thornburg attorneys Mark Stuaan, Brian Weir-Harden, Meredith Rieger, Joe Wendt, George Horn, Dennis Stolle, Christina Studebaker and David Bartholomew assisted in preparation for the trial. Wendy Asbury and Glenn de Roziere provided critical staff support before and during trial.
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