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Wednesday P.M. Report

New Hecker indictment shakes up charges, Lakes Entertainment cashes out on Ohio casino projects, Scooops Kid Spa coming to Mall of America, Big Lake man gets five years in embezzlement case.

New Hecker indictment shakes up charges: A federal grand jury today returned a second amended indictment against former Twin Cities auto mogul Denny Hecker, replacing old charges and highlighting co-defendent Steven Leach’s role in the alleged fraud. Hecker now faces 26 felony charges, ranging from wire fraud, transferring and concealing assets in bankruptcy to conspiracy. The newest indictment adds a number of new counts, including one that alleges Hecker hid money to get him through his bankruptcy. But prosecutors dropped other charges, including one for money laundering. Read full story

Lakes Entertainment cashes out on Ohio casino projects: Lakes Entertainment Inc. has cashed out of two Ohio casino projects it invested in with a Pennsylvania gaming company, the two companies said today. Lakes sold its stake in Penn National Gaming casino developments in Columbus and Toledo for $25 million, the Minnetonka casino developer and manager said. Read full story

Scooops Kid Spa coming to Mall of America: Great Wolf Resort., the nation’s largest operator of indoor waterpark resorts, announced today it will open a Scooops Kid Spa at the Mall of America next month. Scooops Kid Spa offers ice cream-themed manicures, pedicures and hair treatments designed for children ages 4 to 15. It has party rooms for birthday celebrations. Great Wolf Resorts operates 11 other Scooops Kid Spa locations nationwide, but the Mall of America location will be the first located outside of the company’s resorts. Read full story

Big Lake man gets five years for embezzling $6 million: A Big Lake man was sentenced Tuesday to more than five years in prison and ordered to repay $6.3 million in funds embezzled from his employer. Chad Wilfred Jurgens, 39, in April pleaded guilty to a count of felony wire fraud in connection with acheme to place fake orders for Seagate Technology. Per his plea agreement with Minnesota’s U.S. Attorney’s Office, Jurgens admitted setting up a sham company to sell chemicals to his employer, Haas TCM, between 2002 and 2008. Read full story