Chicago Attorney Acquitted on Wire Fraud Charges in New Trial

A former Freeborn & Peters LLP lawyer accused of a scheme to defraud his client’s creditors was found not guilty at his second trial, the court said.

Prosecutors in 2019 said Chicago lawyer Edward Filer created a sham secured creditor with a senior lien on assets of Barsanti Woodwork Corp. in order to fraudulently shield the bankrupt company’s assets from legitimate creditors

• Filer was convicted on wire fraud charges at his first trial before winning a judgment of acquittal from the presiding judge, but the Seventh Circuit later ordered a new trial
• Jurors in the US District Court for ...