Reprinted from Illinois Leaks with permission:
Algonquin Township – Amended complaint alleges Charles Lutzow, Township Supervisor and Principal at CAL Financial Group Inc., breached Fiduciary Duty and committed Constructive Fraud
BY KIRK ALLEN ON AUGUST 7, 2019 • ( LEAVE A COMMENT )
McHenry Co. (ECWd) –
Algonquin Road District attorney Rob Hanlon filed an Amended Complaint against Charles Lutzow regarding his handling of Road District funds.
It appears there are distinct differences in this amended complaint vs. the original complaint that was dismissed without prejudice.
It now outlines the funds of the Road District were not only not in the name of the Road District, but that those funds were actually deposited into the Township’s name, a separate unit of government.
It also outlines the harm caused by the action Lutzow took.
- Road District was denied the use of its funds to satisfy the judgment granted against it.
- Additional judgments have been granted against the Road District and a possibility exists that additional judgments could enter against the Road District.
- As a direct and proximate cause of the breach of the fiduciary duty detailed above, the ROAD DISTRICT suffered an injury in that its funds are no longer in the name of the ROAD DISTRICT and that it was not able to satisfy a judgment taken against it.
We believe Lutzow has 30 days to answer the amended complaint. We will update the article when that answer is provided.
A copy of the complaint can be downloaded from the above link or viewed here.
Oh good, more legal fees.
Welcome back my friends to the show that never ends. Won’t you come on in, step inside step inside.
Just when I thought it was over, they pull me back in.
Algonquin Township, the gift that keeps on giving.
We will be right even if we have to bankrupt this township to prove it.
Good, for Hanlon and the rule of law.
These township supervisors like to spend, spend, spend.
Finally somebody stood up to the township theft schema.
Bravo to Hanlon.
Lutzow was a pension pig who got scalded, and then folded when the heat got turned up.
Yay!
Another township mess.
But that’s what happens when your have a bad State’s Attorney!
Could it be the crooked township trustees and Lutzow wanted Lutzow’s wife to stand in for him (due to health reasons) because he’s hiding out and doesn’t want an interim Supervisor to see records and find something nefarious?
Like what happened in the infamous Rita Crundwell case in Dixon IL ?
All too incestuous to look legit!
i.e. If a mayor has a health issue does his spouse take over?
NO!
That’s an elected position.
The public should be up in arms over this! Pokorney, how many township meetings have you been to?
Yup, Nob sent me, you’re on target.
Has Lutzow ever been examined by an independent doctor?
Rachel Lawrence is the biggest problem here. Well, besides crooked Kelly.
What about Anna miller and her
stealing 🇨🇦🇨🇦 While David Robert Rebecca ect reaped the benefits joke on East Main Cary Illinois