Living It Up At Near North
By Rachelle Bowden in News on May 28, 2004 12:41PM
Mickey Segal is one of those guys that just about everyone in Chicago politics has brushed shoulders with at some time or another. And for that reason, the little federal trial focusing on his operation of Near North Insurance Brokerage, and what happened to about $20 million of state regulated company receipts (those insurance types have lots of rules they have to follow) is kind of a big deal. How come? Well, it seems that rather than charging a regulated full price for various insurance premiums (again, those rules), Mickey allegedly charged less-than-full-price for a bunch of people, including Aldermen and Members of Congress. The funny thing about the discounts is that apparently he didnt always tell people that they were getting a discount. Oh, and he forgot to pay his taxes too. But what we really like is the $220,000 Segal allegedly channeled from company premiums into prostitute bills, $3,000 for a young, lady friends Lasik eye surgery, and some other plane tickets from Florida for some other young, lady friends.