Dundee Man Gets 7 1/2 Years in Ponzi Scheme, Losses Set at $18 Million

A press release from the U.S. Attorney’s Office: FOUR DEFENDANTS SENTENCED TO PRISON TERMS BETWEEN FIVE AND 10 YEARS IN THREE INVESTMENT FRAUD SCHEMES CHICAGO — Four defendants who swindled investors out of millions of dollars in three separate Ponzi … Continue reading

U.S. Attorney’s Office on a Roll Against Investment Defrauders

A press release from the U.S. Attorney’s Office: CHICAGO MAN INDICTED FOR ALLEGEDLY CAUSING 15 INVESTORS TO LOSE APPROXIMATELY $600,000 IN PONZI-TYPE FRAUD SCHEME CHICAGO — A Chicago man who operated an investment trading pool allegedly fraudulently obtained approximately $1.4 … Continue reading