South Side Ald. Willie Cochran Pleads Guilty To Federal Fraud ChargeSouth Side Ald. Willie Cochran pleaded guilty Thursday to a felony charge of wire fraud for misusing his campaign funds for gambling and other personal expenses, including tuition for his daughter.
Prosecutors To Drop Case Against Ex-Rep. Aaron SchockSchock, a once rising star of the Republican party, resigned from Congress in 2015 amid scrutiny of his spending, including redecorating his office in the style of the "Downton Abbey" TV series.
After Turning Down Earlier Deal, Ald. Willie Cochran Scheduled To Plead Guilty To Federal ChargesFour months after rejecting a plea deal that his attorney said would have resulted in minimal jail time, and opting to go to trial on fraud and bribery charges, Ald. Willie Cochran (20th) again is scheduled to plead guilty in federal court.
Chicago Federal Jury Convicts Investment Manager Of FraudProsecutors allege he told victims their cash would be placed in the stock market and used in other investments, but that he instead pocketed the money for personal use. Prosecutors say he sent investors bogus account statements.
Accountant Charged With Embezzling $55 Million From Wealthy Chicago Family To Fund Lavish LifestyleFederal prosecutors said Sultan Issa, 45, used his position as chief financial officer for a wealthy Chicago area family to embezzle more than $55 million.
Plea Deal Breaks Down In Corruption Case, So Ald. Willie Cochran Plans To Go To TrialAld. Willie Cochran pleaded not guilty in 2016 to a 15-count indictment charging him with wire fraud, bribery, and extortion, but had been negotiating a deal with federal prosecutors before rejecting a change of plea.
FTC Legal Team Honored For Uncovering Wire Fraud Scams"We think billions of dollars were flowing through Western Union since about 2004 to scammers. International scammers."
Chicago Alderman To Change Plea In Federal Bribery CaseA prominent Chicago alderman who pleaded not guilty to bribery and wire fraud two years ago is changing his plea.
Chicago Alderman To Change Plea In Federal Bribery CaseA judge posted a brief order Thursday in Chicago federal court setting Willie B. Cochran's change-of-plea hearing for Nov. 28.
Ald. Willie Cochran In Talks To Plead Guilty To Corruption ChargesAld. Willie Cochran (20th) and his attorneys are negotiating a potential plea deal with federal prosecutors, amid allegations he shook down businessmen in his ward for bribes, and looted money from a charity he ran.
Ex-Treasurer Of Illinois Town Gets 4-Year Sentence For TheftRyan Thorpe was indicted by a federal grand jury on wire fraud and embezzlement from a local government charges, accused of stealing more than $315,000 from the city of Ziegler.