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Kimmel expected to do 25 months

  • Price drops again on last of Kimmel condos

30-Nov-08 – Gary Kimmel’s attorney believes the recently-sentenced Marina City resident will be eligible for work release after serving 25 months of his 37-month sentence.

Kimmel was sentenced to prison on November 20 for money laundering in connection with a nationwide prostitution ring. He’ll have two years of supervised release after that, but the judge waived any fine. It’s not yet known where Kimmel will serve his time, but he must surrender on January 16.

The sentence is at the low end of a preliminary, non-binding guideline range of 37 to 46 months, agreed to in a plea agreement filed on May 29. According to Randall Samborn, Public Information Officer for the United States Attorney’s Office, the government agreed to recommend a sentence within the range without specifying a number – leaving it up to the judge.

Later, a pre-sentence report calculated a higher guideline range of 78 to 97 months, but this was rejected by the judge, who lowered the guideline back to the original 37-46 month range.

Attorney Joseph Lopez was trying to get a sentence for his client that was below minimum guidelines, based on Kimmel’s cooperation with the investigation and other factors.

Joseph Lopez “As far as sentence imposed, I was hoping to get it lower,” says Lopez (photo at left), “but the doc’s education hurt him to an extent.”

Kimmel graduated from Northwestern University Dental School. He was a licensed dentist from 1978 until shortly after his arrest in November 2005. At sentencing, Judge Blanche M. Manning told Kimmel he “should have better common sense than to get involved with this activity.”

The amount of restitution was reduced from $405,000 to $342,000 – and could be reduced further. The judge agreed with defense that a Supreme Court ruling, five days after Kimmel’s plea agreement, requires restitution in cases of money laundering be determined based on profits, not just gross receipts. While the $342,000 represents money paid to Kimmel by the prostitution ring, both sides agree Kimmel lost money on the deal.

Arguments are expected shortly from Lopez and Assistant U.S. Attorney Julie Ruder. In the meantime, Lopez says Kimmel has voluntarily sold the condominium units at Marina City that were subject to forfeiture, and paid the government $344,247 in restitution.

Kimmel condo price lowered again

The list price for the last of Kimmel’s condominium units at Marina City has been lowered again. The asking price for the three connected units on the 56th floor of the east residential tower is now $874,500.

That is $10,000 less than the asking price in early November and $20,000 less than the asking price when the units went on the market in mid-October.

The units were not subject to a forfeiture order filed in U.S. District Court on September 3, as long as Kimmel paid restitution.

(Below) Photographs by VHT Visual Marketing Services show living and dining areas with hardwood floors, one of three bedrooms, and a bathroom with whirlpool bath.
VHT Visual Marketing Services
VHT Visual Marketing Services
VHT Visual Marketing Services

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