David Hernandez, the man sought by the FBI after disappearing when his Chicago sports Internet venture went bust, is in custody.
Hernandez was apprehended Monday morning in Normal, Ill., after a failed suicide attempt, the Tribune reported. Someone called the Normal Police Department around 10:50 a.m. for a well-being check on a man staying at a local hotel. Police found Hernandez in a hotel room with what they described as self-inflicted wounds. He was taken into custody and transported to an area hospital for treatment.
Hernandez disappeared after federal authorities accused him in civil court of running a Ponzi scheme that bilked more than 100 investors out of $12 million. Last week, his highly-publicized Internet radio venture with Mike North, called Chicago Sports Webio, collapsed. Payroll checks bounced. Hernandez didn't return calls. And Mike North started making noise in the media, calling Hernandez a con man.
Hernandez is accused of mail fraud.
