Former NAC CEO indicted

So Aziz the Sleaze railroaded RSA?

So the RSA gave money to someone who took advantage of them.  The RSA throws money around like it means nothing to the people of Alabama who contribute to it for retirement.  In other words, Aziz took RSA for a ride and the folks of Alabama are having to pay for it.

I have wondered why this has not came to fruition already?

Ditto.  I'm also curious as to how LEOs knew Aziz would be at that Chicago airport.....

When I began working at NAC in late summer of 2009, ABI was out at the plant every week for months. Rumors of 'embezzling' and 'off-$h ore accounts' were rampant. Even then, it was common knowledge that Aziz HAD A HISTORY of bilking investors of past 'projects'.  Simply put, RSA didn't do their homework.

Aziz would be on the flight list, easily checked against fleeing wanted persons. 

It appears there was no due diligence done before RSA invested.  If the downturn hadn't happened, Aziz et al would probably have gotten way with their scam for a much longer time.  Madoff went the same route. 

This should come as no big surprise.  Others were onto Aziz the Sleaze 3 or 4 years back.

http://jimbonner2010.blogspot....ama-corporation.html

They should have had Dr. Bronner's head on a platter for this debacle.  That shows you what politics he has, even though his ROE on RSA investments is lower than many other states.

I would think Aziz' name was on a hold list as he came through U.S. Customs in Chicago.  He probably didn't even know that he had been secretly indicted.