A federal judge has ruled that jailed Illinois insurance mogul Michael “Mickey” Segal has the mental competency needed to be sentenced.
Segal was found guilty of stealing more than $30 million from a trust fund in June 2004.
After Segal was convicted, his attorneys argued that he was mentally incompetent and unable to defend himself during a sentencing hearing.
Today, Judge Ruben Castillo ruled that Segal is competent. He set Segal’s sentencing hearing for Nov. 30.
Prosecutors argued at trial that Segal looted a restricted account at his Near North Insurance Brokerage to fund a high-end lifestyle. If he were declared mentally incompetent, Segal could have been sent to a prison medical facility for treatment.
Copyright 2005 Associated Press
Topics Legislation
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