One of the country’s largest gold buyers has shut down, and is now under investigation by state and federal agencies.
The communications chief for former Cook County President Todd Stroger was indicted on Thursday, accused of steering county business to friends.
A dozen principals and assistant principals have been removed for allegedly scheming to obtain free or reduced-price school lunches for their own children.
Do some popular Metra tickets actually qualify as gift certificates under Illinois law? That’s what one man is arguing in a class-action fraud lawsuit filed Tuesday against the commuter rail agency he calls a “profiteer,” claiming the tickets’ one-year expiration dates are therefore unlawful.
A former executive at a company that administers employee pensions has been indicted for allegedly defrauding benefit plans of more than $8.5 million.
Media mogul Conrad Black has been released from prison, having completed about three of his 6 1/2–year sentence for defrauding investors.
Guards at Menard prison downstate may have committed millions of dollars’ worth of fraud stemming from workers’ compensation payments, the state Department of Corrections has told lawmakers.
Multiple felony charges are expected Wednesday against a 40-year-old man accused of stealing thousands of dollars from a Little League team in northwest Indiana.
Four contractors are being sued by the Illinois Attorney General for ripping off local homeowners, and one of the operations was first exposed by CBS 2′s Dave Savini during a hidden-camera investigation last year.
A Chicago woman says she forked over $1,800 to a company that kept the money instead of paying off her debt. CBS 2′s Mike Parker reports.
As the Tuesday midnight tax filing deadline looms, many people are turning to tax preparers who promise rapid returns. But as CBS 2′s Mai Martinez reports, the Better Business Bureau has a warning about those services, and one in particular doing business in the Chicago area.
An Aurora woman is charged with computer fraud and theft, after she allegedly created fake retirees and collected their pension checks.
The Illinois Department of Human Services is being blasted for funneling over $1 million to a suspect company.
Federal prosecutors have set their sights on one of the biggest fish ever, a huge and well-known construction firm with plenty of clout.
On the official Illinois holiday honoring President Abraham Lincoln’s birthday, word of a famous painting of his First Lady is being called a fraud.
The inspector general of the Chicago Public Schools has issued a devastating report on financial and other abuses in the public school system.
Federal prosecutors are accusing a Carol Stream man of scamming more than $4 million from clients to use in risky investments.
The western suburb of Bellwood is suing its former comptroller, claiming he mishandled the village’s money to benefit himself and other employees.
A federal judge in Chicago has sentenced Tony Rezko to 7 1/2 years in prison for a fraud conviction, but will allow him to serve it at the same time as his longer sentence in a separate case.
Going without health insurance is unfortunate, but paying for a bogus policy can be worse.