Judy J Wischer

A Superior Court judge agreed Friday to separate the criminal trials of former Lincoln Savings & Loan owner Charles H. Keating Jr. and his onetime top aide, Judy J. Wischer. Acting on the recommendations of both defense attorneys and the prosecutors, Judge Lance A. Ito ordered that Wischer's trial follow Keating's.

The star prosecution witness in the federal fraud trial of former Lincoln Savings & Loan operator Charles H. Keating Jr. won a court order Monday that frees her from repaying the government $3.5 million. Judith J. Wischer, an accountant who became president of the Irvine thrift's parent company, American Continental Corp. in Phoenix, had been ordered to pay the restitution as part of her sentence after pleading guilty to bank and securities fraud in a plea bargain.

Federal judge in Los Angeles Monday sentenced Judy J. Wischer, once the top aide to former Lincoln Savings & Loan operator Charles H. Keating Jr.,--to three years of probation and ordered her to pay $3.5 million in restitution for her role in Lincoln's collapse. Wischer's sentencing ends the long investigation and court proceedings against those responsible for the thrift industry's most notorious failure during the go-go 1980s. Lincoln's failure in 1989 is expected to cost taxpayers $3.

Judy J. Wischer, once the top aide to former Lincoln Savings & Loan operator Charles H. Keating Jr., was put on probation Monday for three years and ordered to pay $3.5 million in restitution for her role in the 1989 collapse of the Irvine thrift. Wischer's sentencing--lenient because of her cooperation with authorities--ends the long investigation and the trial court proceedings against those responsible for the thrift industry's most notorious failure.

Judy J. Wischer, a onetime close associate of Charles H. Keating Jr., pleaded guilty Tuesday in a Los Angeles federal court to bank and securities fraud and has agreed to testify against the former owner of failed Lincoln Savings & Loan. Wischer, the former president of American Continental Corp., the parent company of Irvine-based Lincoln, is the highest-ranking official in the Keating empire to plead guilty in the three-year criminal investigation of the thrift's collapse.

Keating Loses Motion: A federal judge rejected arguments that a restitution hearing against former Lincoln Savings & Loan owner Charles H. Keating Jr. and his top aide, Judy J. Wischer, infringed on their constitutional rights to a fair trial in a criminal case set to begin next month. U.S. District Judge Stephen V. Wilson said there was "nothing to justify" a halt in the "important civil proceedings" brought by the Office of Thrift Supervision.

Keating Aide Details Phony Deals: Charles H. Keating Jr.'s former top aide testified about how the former Lincoln Savings & Loan owner set up phony land sales, creating sham profits that helped him sell junk bonds to investors. Judy J. Wischer, former president of Keating's American Continental Corp., described 11 sham deals that supposedly generated $124 million worth of gains.

Keating's Co-Defendant, Wischer, Out on Bail: Judy J. Wischer, indicted with Charles H. Keating Jr. on federal racketeering and fraud charges stemming from Lincoln Savings' collapse, was released on $300,000 bail. The 43-year-old former president of Keating's American Continental Corp., which owned Lincoln, was released late Thursday. Wischer's mother and a business associate pledged property to cover the bail, said her attorney, Donald C. Randolph.

Three of the four defendants in the Lincoln Savings & Loan fraud case have been bailed out of jail, leaving only Charles H. Keating Jr. in custody, Los Angeles County sheriff's officials said Saturday. Judy J. Wischer, 42, Keating's former top aide at Lincoln's parent company, American Continental, was freed on $200,000 bond at 10 p.m. Friday, Sgt. Bob Olmsted said. Robin S. Symes, 37, and Ray C.

A federal judge rejected arguments Wednesday that a restitution hearing against former Lincoln Savings & Loan owner Charles H. Keating Jr. and his top aide infringed on their constitutional rights to a fair trial in a criminal case set to begin next month. U.S. District Judge Stephen V. Wilson said there was "nothing to justify" a halt in the "important civil proceedings" brought by the Office of Thrift Supervision. Wilson said Keating and former top aide Judy J.

Federal judge in Los Angeles Monday sentenced Judy J. Wischer, once the top aide to former Lincoln Savings & Loan operator Charles H. Keating Jr.,--to three years of probation and ordered her to pay $3.5 million in restitution for her role in Lincoln's collapse. Wischer's sentencing ends the long investigation and court proceedings against those responsible for the thrift industry's most notorious failure during the go-go 1980s. Lincoln's failure in 1989 is expected to cost taxpayers $3.

Judy J. Wischer, the former top aide to imprisoned Lincoln Savings & Loan defrauder Charles H. Keating Jr., will be sentenced Monday in federal court for her role in the 1989 failure of the Irvine thrift. Federal prosecutors won't say yet what kind of sentence they are recommending for Wischer, but her attorney, Donald C. Randolph, who is seeking probation for her, said that he was pleased with the prosecution's recommendation. He said she provided "extraordinary cooperation" to the U.S.

A sentencing date for a top aide to imprisoned Arizona businessman Charles H. Keating Jr. was delayed Monday as she continues to help prosecutors in the ongoing investigation into the collapse of Lincoln Savings & Loan, the nation's costliest S&L failure. Judy J. Wischer, the former president of the Irvine thrift's parent company, American Continental Corp., is scheduled to return to court March 7, when the date of her sentencing will be set.

Keating Aide Details Phony Deals: Charles H. Keating Jr.'s former top aide testified about how the former Lincoln Savings & Loan owner set up phony land sales, creating sham profits that helped him sell junk bonds to investors. Judy J. Wischer, former president of Keating's American Continental Corp., described 11 sham deals that supposedly generated $124 million worth of gains.

Two of Charles H. Keating Jr.'s sons-in-law and two other associates in Lincoln Savings & Loan have agreed to pay a record restitution of $75 million to settle civil charges relating to the thrift's failure, regulators said Tuesday. The money may never be collected, however, because the four say they're broke. Any funds collected will go to the Resolution Trust Corp., the government's S&L cleanup agency, to partially compensate taxpayers for their losses in bailing out Lincoln.

Former Keating Aide Expected to Change Plea: Judy Wischer, who pleaded guilty to federal fraud and agreed to testify against former boss Charles Keating Jr., is expected to enter a similar plea bargain in state court, a prosecutor said Friday. Wischer is one of several Keating aides and relatives to acknowledge crimes connected with the collapse of Keating's Lincoln Savings.

A sentencing date for a top aide to imprisoned Arizona businessman Charles H. Keating Jr. was delayed Monday as she continues to help prosecutors in the ongoing investigation into the collapse of Lincoln Savings & Loan, the nation's costliest S&L failure. Judy J. Wischer, the former president of the Irvine thrift's parent company, American Continental Corp., is scheduled to return to court March 7, when the date of her sentencing will be set.

Judy J. Wischer, a onetime close associate of Charles H. Keating Jr., pleaded guilty Tuesday in federal court to bank and securities fraud and has agreed to testify against the former owner of the failed Lincoln Savings & Loan. Wischer, the former president of American Continental Corp., the parent company of Lincoln, is the highest-ranking official in the Keating empire to plead guilty in the three-year criminal investigation of the thrift's collapse.