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Father, Son Use Gems To Post Bond In School Fraud Case

Thu, 08 May 2014 10:05:00 CDT
By: AP

Two education company executives whose companies run four elementary schools in Peoria paid for their freedom, in part, with diamonds and rubies. Jowhar Soultanali and his 34-year-old son, Kabir Kassam were recently accused in a $33 million fraud. The US attorney's office in Chicago says that included bribing school officials with strip club visits and other benefits. The men agreed to turn over property worth $500,000 to pay their bond. That included diamond and ruby rings, as well three luxury vehicles. The pair pleaded not guilty to fraud and bribery charges. Their companies are Niles-based Brilliance Academy Incorporated, and Babbage Net School Incorporated. Prosecutors say they paid bribes to education officials in Texas and New Mexico. Those officials have also been charged.

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