CEO And CFO Of Schaumburg Firm Facing Federal Fraud ChargesThe CEO and CFO of a consulting firm based in northwest suburban Schaumburg are facing federal fraud charges for misrepresenting the company’s financial condition and lying to regulators.
Attorneys For Aaron Schock Ask Judge To Postpone ArraignmentIn a request made Tuesday to U.S. District Judge Sue E. Myerscough, Schock's lawyers say a Nov. 21 arraignment will interfere with a planned international business trip by the Peoria Republican.
Grand Jury Indicts Aaron Schock On Wire Fraud, Theft CountsThe Illinois congressman who resigned amid scrutiny of lavish spending -- including remodeling his Capitol Hill office in the style of the television series "Downton Abbey" -- expects to be indicted by a federal grand jury, his defense team said Thursday.
British Trader Pleads Guilty To Fraud Tied To 2010 "Flash Crash"Navinder Singh Sarao, 37, now faces a maximum of 30 years in prison after admitting to wire fraud and “spoofing.”
Woman Charged With Setting Up Phony Ticket SchemeA Chicago woman is facing federal charges for operating a fraudulent multi-million-dollar concert and sporting event ticket scheme, authorities said.
Mastermind Of CPS Contract-Rigging Scandal Pleads GuiltyGary Solomon pleaded guilty Tuesday to one count of honest services wire fraud in the courtroom of U.S. District Judge Edmond Chang.
Willowbrook Businesswoman Guilty In Sham Contractor TrialWillowbrook businesswoman Elizabeth Perino was found guilty of fraud for her role in a scam to exploit a city set-aside program for woman-owned businesses.
Ex-LAZ Parking Exec Pleads Guilty To Kickback SchemeA former parking firm executive charged with steering a $22 million contract for Chicago’s parking meters to a favored company and collecting $90,000 in kickbacks has pleaded guilty to wire fraud, court records show.
Former LAZ Executive To Plead Guilty In Parking Meter Kickback SchemeA former parking firm executive charged with steering a $22 million contract for Chicago’s parking meters to a favored company and collecting $90,000 in kickbacks plans to plead guilty, court records show.
Financial Firm CEO Arraigned On Fraud ChargesThe CEO of a Florida financial firm was arraigned in federal court in Chicago Thursday amid charges of selling $179 million in fraudulent loans to a Milwaukee investment company.
Ex-CPS Chief Barbara Byrd-Bennett Pleads Guilty To Kickback SchemeFormer Chicago Public Schools CEO Barbara Byrd-Bennett has pleaded guilty to a bribery scheme to steer more than $23 million in no-bid contracts to a former employer for $2.3 million in bribes and kickbacks.
Feds: Ex-CPS CEO Barbara Byrd-Bennett To Plead Guilty To Corruption ChargesThe indictment alleges she steered no-bid contracts to SUPES for kickbacks and bribes. Byrd-Bennett, 66, of Solon, Ohio, is charged with 15 counts of mail fraud and five counts of wire fraud in the indictment.