Veteran Chicago air personality Mancow Muller filed a lawsuit in Cook County Circuit Court last week claiming a North Carolina man defrauded him out of $50,000 that was supposed to be used to purchase radio stations, reports the Chicago Tribune. The acquisitions did not happen and the suit alleges Rodney Rainey and his company, Maverick Radio Partners, used the funds for purposes other than station purchases.
There's more at the link. Sounds like Mancow really did get hosed on this one.