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McNall Partners Face Indictment : Kings: Federal government accuses former owner’s business associates of bribery, fraud, other charges.

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TIMES STAFF WRITER

The government’s probe into the banking operations of former King owner Bruce McNall continued with a 35-count, 50-page federal indictment on Thursday against three more of his business associates--lawyers Steven H. Nesenblatt and Mark H. Eastman, as well as Dennis Pagola, a former vice president and manager with Bank of America.

Additionally, Suzan A. Waks, who was chief financial officer for McNall Sports and Entertainment, entered a guilty plea to single counts of bank fraud, conspiracy and tax evasion. She will be sentenced on April 25, and it appears that McNall will receive yet another postponement, according to Assistant U.S. Atty. Peter S. Spivack. McNall had been scheduled for sentencing on Jan. 18.

Thursday’s indictments brings the total to 14 employees charged with involvement in the wide-ranging scheme. Nesenblatt, Eastman and Pagola are charged with conspiracy, bank fraud, making false statements in loan applications, bank bribery, wire fraud, money laundering and making a false oath. They are scheduled to be arraigned Monday before a federal magistrate, but Nesenblatt posted bond of $250,000 on Thursday.

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Nesenblatt, 40, a former president of McNall Sports and Entertainment, faces a maximum sentence of 465 years in prison, a $14.75-million fine and supervised release of five years.

Eastman, 38, was president of a company that had been formed to sell the Kings. He could face a maximum of 425 years imprisonment, a fine of $14.25 million and supervised release of five years.

Pagola, 43, allegedly was bribed with approximately $100,000 by Nesenblatt and others in 1991 to provide inside information from Bank of America to help McNall’s efforts to secure loans. He later joined McNall’s companies as a consultant. Pagola faces a maximum of 120 years in prison, a fine of $4 million, and supervised release of five years.

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