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dragurd;1904668; said:Obviously Art is at fault but after a certain point people should think maybe I shouldn't give this man any money considering his history of fraud and gambling. Simply put no one should be giving money to this man for business endeavor ever.
Judge sets $1 million bond for Art Schlichter
Friday, April 8, 2011
By Jeb Phillips
The Columbus Dispatch
Tom Dodge | Dispatch
Art Schlichter appears in court this week.
A Franklin County judge set bond today at $1 million for Art Schlichter, the former Ohio State quarterback accused of stealing a Dublin widow's life savings.
That means he would have to produce $100,000 to get out of jail.
On Thursday, Schlichter asked Franklin County Common Pleas Judge David W. Fais to set bail that could allow him to get out of jail. Prosecutor Ron O'Brien urged the judge to set "a substantial bond" that would prevent Schlichter's release while state and federal officials continue to investigate the case.
Today, O'Brien said he doesn't believe Schlichter has the money to post bond.
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O'Brien said Schlichter's lengthy history of defrauding others to provide funds for a gambling addiction makes him a risk to the public even if he were placed on electronic monitoring. He still would have access to a telephone, which he has used for some of his fraudulent activities, the prosecutor said.
Defense attorney Sam Shamansky said his client, who plans to reach a plea agreement with prosecutors, wants to be released while awaiting the resolution of his case so he can seek treatment for his addiction and spend time with his family. He said Schlichter is indigent but has supporters who are prepared to post an "appropriate" bond.
Schlichter, 50, would live with his mother in Washington Court House in Fayette County and wants to seek treatment at the Lindner Center of Hope near Cincinnati, Shamansky said.
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dragurd;1904668; said:Obviously Art is at fault but after a certain point people should think maybe I shouldn't give this man any money considering his history of fraud and gambling. Simply put no one should be giving money to this man for business endeavor ever.
Schlichter indicted on 13 felony counts
Friday, April 29, 2011
By Mike Wagner
The Columbus Dispatch
Art Schlichter, the former Ohio State quarterback and one of the nation's most notorious compulsive gamblers, was indicted today on 13 felony counts in connection with the ticket-selling scheme that swindled people out of more than $1 million.
A grand jury handed up the indictment to the Franklin County Prosecutor's office after Schlichter and Prosecutor Ron O'Brien failed to reach a plea agreement since Schlichter surrendered to authorities more than two months ago.
The most serious charge filed against Schlichter includes one rooted in the Racketeer Influenced and Corrupt Organizations Act, which alleges a pattern of corrupt activity and is typically used to prosecute organized crime. The RICO charge involves Schlichter and five associates, who are not named in the indictment, and accuses them of scamming people out of their financial assets beginning in 2009 and continuing for more than 18 months. In some cases, the schemes involved cash accounts, credit cards, loans and other investments.
Schlichter, 50, an All-American at OSU more than 30 years ago, continues to be held in the Franklin County jail. If convicted on the charges, Schlichter could face a maximum of 30 years in prison.
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Buckskin86;1914261; said:
Schlichter, 50, an All-American at OSU more than 30 years ago, continues to be held in the Franklin County jail. If convicted on the charges, Schlichter could face a maximum of 30 years in prison.