John Spano

January 13, 2024
Businessman

Quick Facts

John Spano
Full Name John Spano
Date Of Birth May 31, 1964(1964-05-31)
Age 60
Birthplace New York
Country United States
Horoscope Gemini

John Spano Biography

Birthday May 31
Birth Year 1964

John Spano is one of the most popular and richest Businessman who was born on May 31, 1964 in New York, United States.

Spano was originally from Greenwich Village (Manhattan, in New York City), but spent most of his life in Madison, Ohio, a suburb of Cleveland, and graduated from Ashtabula St. John High School. He graduated from Duquesne University with a degree in business administration in 1986. After working several sales jobs in Pittsburgh and Dallas, he founded the Bison Group in 1990. It was a Dallas-based company that primarily leased aircraft.

Prosecutors obtained evidence that Spano had forged numerous letters from bank officials in his business dealings from 1995 onward. After Spano bounced the $17 million check, Comerica reportedly sent a letter to Pickett’s attorneys saying he had funds to cover the overdraft. However, the executive who purportedly signed it denied ever writing it. Moreover, the letter was written in two different fonts, one on the body and another on the signature block. A postal inspector found that the fax machine mark at the top of the page was an exact match to the one used by Spano’s Bison Group. The fax machine mark on a letter purportedly from Donaldson, Lufkin & Jenrette that claimed Spano owned Treasury bills worth $27 million was also an exact match to the one used by Bison Group.

John Angelo Spano Jr. (born May 31, 1964) is an American businessman and admitted fraudster. He is best known for briefly buying control of the New York Islanders franchise of the National Hockey League (NHL) in 1996, before it emerged that he did not have nearly enough assets to buy the team. He subsequently pleaded guilty to bank and wire fraud and served a federal prison sentence.

As of December 11, 2023, John has a net worth approximately $5 Million.

John Spano Net Worth

Net Worth $5 Million
Source Of Income Businessman
House Living in own house.

John is one of the richest Businessman from United States. According to our analysis, Wikipedia, Forbes & Business Insider, John Spano 's net worth $5 Million. (Last Update: January 13, 2024)

Height, Weight & Body Measurements

John Spano height Not available right now. John weight Not Known & body measurements will update soon.

Who is John Spano Dating?

According to our records, John Spano married to Shelby Hansen. As of January 13, 2024, John Spano’s is not dating anyone.

Relationships Record : We have no records of past relationships for John Spano. You may help us to build the dating records for John Spano!

The plea deal called for him to plead guilty to bank fraud charges in Boston a week later, but several deadlines came and went, and Spano began making noises in late November about withdrawing his plea. As a result, a Boston grand jury indicted him for bank fraud, and federal prosecutors there made plans to file a superseding indictment that could have sent him to prison for 60 years. However, Spano’s new attorneys resigned out of fears they wouldn’t be paid, and Spano had no choice but to accept the original offer. He pleaded guilty to bank fraud on January 13, 1998.

Facts & Trivia

John Ranked on the list of most popular Businessman. Also ranked in the elit list of famous people born in United States. John Spano celebrates birthday on May 31 of every year.

On January 28, 2000, he was sentenced to 71 months in federal prison and ordered to pay restitution of $11.9 million to his victims, including the Islanders ($3.4 million), two Dallas businesses ($4.4 million), and Mario Lemieux ($1.25 million).

How long did Spano own the Islanders?

As his world began to fall apart and the Long Island paper Newsday starting publishing stories about his real finances, he agreed to give the team back. He “owned” the team for four months , and got halfway to closing the $165 million on the strength of fraud.

Who tried to buy the Islanders?

John Spano , hustler who once tried to buy New York Islanders, gets 10 years.

How much are the Islanders worth?

This graph depicts the value of the New York Islanders franchise of the National Hockey League from 2006 to 2021. In 2021, the franchise had an estimated value of 950 million U.S. dollars.

Who is the owner of the New York Islanders?

New York Islanders
Media| MSG Plus MSG Network WEPN-FM WRHU Audacy WADO WRCN
Owner(s)| New York Islanders Hockey Club, L.P. (Scott D. Malkin, governor)
General manager| Lou Lamoriello
Head coach| Lane Lambert

Who bought the New York Islanders with no money?

In 1996, the once-dominant New York Islanders were in serious trouble. Lousy performance and poor management were driving away the hockey franchise’s loyal fan base. The team hit bottom. Then along came a Dallas businessman named John Spano , who swooped in and agreed to buy the team for 165 million dollars.

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