Dennis W. Haggerty Jr., who swindled more than $2.5 million from hospitals in Chicago and Iowa, was sentenced to 57 months in prison Monday.
According to federal court documents, both hospitals agreed to buy more than $3 million worth of N95 face masks from Haggerty’s newly formed medical supply company in March 2020 during the pandemic. Two years later, the former Burr Ridge businessman admitted to transferring the money to personal accounts and spending the stolen funds on Maseratis and other personal expenses.
