Life on the lam to end in Chicago courtroom for ex- CBOT chairman
Former Chicago Board of Trade Chairman Patrick Arbor is expected to be returned Friday to a Chicago courtroom in the custody of Cook County sheriff ’s deputies after five years as a fugitive — from a divorce judgment.
Arbor, 81, was detained Wednesday night by U. S. Customs agents at Boston’s Logan International Airport as he attempted to board a flight to Rome.
It was the second arrest this week in Boston for Arbor in connection with a civil warrant out of Cook County stemming from his divorce from Antoinette Vigilante, who is trying to collect from him on an $ 18 million divorce judgment.
Arbor was first arrested Monday by Mas- sachusetts State Police while attending his grandson’s college graduation. But the Cook County sheriff ’s office declined to extradite Arbor — citing confusion over the warrant — and he was quickly released.
Lawyers for Vigilante then tweaked the warrant to satisfy the sheriff ’s concerns and entered it into the National Crime Information Center database.
This time, the sheriff ’s office said two members of its Fugitive Apprehension Unit will be in East Boston Municipal Court at 9 a. m. Friday to take custody of Arbor and transport him to Chicago.
If all goes as planned, Arbor should be brought before a judge at the Daley Center on Friday afternoon, where he would be required to post a $ 288,983 cash bond — equaling an amount he was ordered to pay his exwife that initially resulted in him fleeing the country in protest.
Lawrence Byrne, a lawyer for Vigilante, said he will additionally ask the court to require Arbor to relinquish his passport to keep him from leaving the country again.
Arbor told Massachusetts authorities he is now a resident of Switzerland. In recent years, he also has identified himself as a resident of Italy. Byrne wants Arbor to sit for a legal proceeding called a “citation to discover assets” in an effort to force the longtime commodities trader to disclose how much money he has and where he is keeping it. Arbor is believed to have transferred much of his fortune into Swiss bank and other offshore accounts before leaving the country.
In court in Boston on Thursday, Arbor initially argued he should not be extradited to Illinois because the case involved civil, not criminal, matters.
But when the Boston judge ordered Arbor held without bail on the Cook County warrant pending an extradition hearing, Arbor waived extradition and agreed to be brought back to Chicago.
Arbor, who chaired the Board of Trade from 1993 to 1999, was regarded as one of Chicago’s most prominent citizens over several decades — a player in political, civic and philanthropic affairs.