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McLain Faces Indictment in Laundering

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Associated Press

Denny McLain, who won 31 games for the Detroit Tigers in 1968, bought a condominium in Puerto Rico and covered expenses for his private plane with money stolen from a meat company pension plan, a federal indictment released Thursday alleges.

McLain and two business partners are accused of transferring more than $12 million of pension plan money from Peet Packing Co. in Chesaning to Michigan National Bank, then converting $3 million of it for personal and Peet Packing use.

McLain, 52, of Brighton, who already has served 2 1/2 years in prison on racketeering, extortion and drug charges, was charged with five counts of conspiracy, theft of pension plan money, mail fraud and money laundering.

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Also charged were Roger Smigiel, 44, of Rochester Hills; and Jeffrey Egan, 35, of Bloomfield Hills.

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