Neal Goyal, 33, was charged Wednesday with one count of wire fraud. He was the founder and manager of Blue Horizon Asset Management and Caldera Advisors, both of which were unregistered investment advisors.
Federal authorities gave long-time government mole John Thomas a Good Friday surprise, arresting him at his home early Friday morning, the Sun-Times is reporting.
U.S. District Judge Amy St. Eve said the 51-month sentence “will send a message to the public that corruption does not pay and that there are significant consequences,”
Darius Thompson, 32, was charged with multiple counts of felony theft, loan fraud, money-laundering, wire fraud and forgery for his alleged role in a plot to falsify mortgage applications during his previous employment as a loan processor and originator
They were paid to maintain hundreds of automated teller machines, but the feds say three South Side men instead used them as their personal piggy banks.
Former Chicago Ald. Ambrosio Medrano pleaded guilty Tuesday to wire fraud, and prosecutors want to send him to prison for about 20 years.
Kathleen Niew, who operated Niew Legal Partners in Oak Brook, was arrested Thursday at her office and charged with 10 counts of wire fraud,
Former Country Club Hills Police Chief Regina Evans pleaded guilty Monday to fraud and money laundering charges related to the misuse of a $1.25 million state grant to a non-profit organization she ran with her husband, Ronald Evans Jr.
A former Chicago lawyer who now hosts a national radio talk show was indicted on federal charges for two mortgage fraud schemes that defrauded lenders out of nearly $10 million.
Former Dixon comptroller Rita Crundwell will plead guilty on Wednesday to a federal charge tied to allegations she embezzled $53 million from the city over the last 22 years.
Scores of horses purchased by a government official who’s accused of absconding with millions of dollars can now be yours, if you have the cash.
The head of a now defunct sports auction house has been indicted, along with two other executives, for scamming customers into buying high-priced items that weren’t authentic, or otherwise less valuable than advertised.
The former comptroller and treasurer for the western Illinois town of Dixon has pleaded not guilty to charges she stole more than $50 million from the town.
Federal marshals are now caring for more than 300 champion horses owned by the indicted former longtime comptroller and treasurer for the town of Dixon, Ill.
The day after deposed Gov. Rod Blagojevich began his 14-year prison sentence, his former chief of staff, John Harris, is learning his fate.
A certified public accountant from Vernon Hills stands charged with bilking his clients and a bank out of more than $2 million.
An Ohio man has been indicted for swindling more than $300,000 from several churches and small businesses, including three churches in Chicago.
Federal prosecutors are accusing a Carol Stream man of scamming more than $4 million from clients to use in risky investments.
Executives at a non-profit arts program in Uptown have been accused of stealing a large amount of federal tax money.
Federal authorities say a Glencoe man led investors to believe their money was going into a sleep disorder business, but he actually used it to buy a mansion, run a tattoo parlor, and live a lavish lifestyle.