Boots’ broker gets five

By Geert De Lombaerde Posted on October 9, 2009 at 7:51 am

A federal judge has sentenced David Cacchione to five years in prison for his role in the investment fraud led by Preds co-owner William “Boots” Del Biaggio.

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Tags: California, David 'Scott' Cacchione, fraud, investment management, Nashville Predators, National Hockey League, sports business, white-collar crime, William J. 'Boots' Del Biaggio III  

SEC charges Del Biaggio broker

By Geert De Lombaerde Posted on March 24, 2009 at 1:55 pm

The feds say Scott Cacchione was key to helping Boots Del Biaggio secure much of the money he needed to buy his stake in Preds.

Using the doctored statements, Del Biaggio was able to obtain $45 million in personal loans from banks and private lenders (part of which he used to purchase an interest in a professional hockey team). According to the SEC, Cacchione furthered the deception by signing documents falsely confirming that Del Biaggio owned the assets in the innocent customers’ accounts.

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Tags: banking, David 'Scott' Cacchione, financial regulation, litigation, Merriman Curhan Ford & Co., Nashville Predators, white-collar crime, William J. 'Boots' Del Biaggio III