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Arcturis Wins Judgment Against Hotel Developer

5 months ago
From St. Louis Business Journal:  St. Louis architecture firm Arcturis has been awarded a $58,570 judgment in a lawsuit filed against a developer who proposed a new hotel downtown. Arcturis, in the suit, filed Nov. 13 in St. Louis Circuit Court, alleged it is owed more than $50,000 for work it provided toward redevelopment of the […]
Tom Finan

Otherwise Objectionable: How The Communications Decency Act Fell Apart

5 months ago
Last week, we told the story of how the Communications Decency Act came to be. On this week’s episode of Otherwise Objectionable, we look at how it quickly went down in flames — except, of course, for the all-important Section 230. Episode 5: Blowback, and the Dust Settles Just four months after being signed into […]
Mike Masnick

Former Bank Of O'Fallon Executive Indicted In $2 Million Fraud Case

5 months ago
EAST ST. LOUIS – Andrew P. Blassie, the former Executive Vice President of the Bank of O’Fallon, has been indicted by a federal grand jury on charges of bank fraud and interstate transportation of funds obtained by fraud, totaling more than $2 million. The indictment alleges that Blassie, 69, engaged in a check kiting scheme during his tenure at the bank, which lasted from September 2023 to September 2024. According to the charges, Blassie is accused of inflating the balance of his personal checking account by depositing checks from accounts with insufficient funds at other banks and a credit union. This fraudulent activity reportedly allowed him to misappropriate nearly $2.7 million for personal expenses, using funds that belonged to the Bank of O’Fallon. U.S. Attorney Steven D. Weinhoeft emphasized the importance of fiduciary responsibility among bank officials, and said, “Senior bank officials must act as fiduciaries, not felons — they must serve th

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