A press release from the U.S. Attorney’s Office about one of the borrowers who helped destroy Amcore Bank: BANKRUPT DEVELOPER OF ALGONQUIN PROJECT SENTENCED TO 15 MONTHS IN FEDERAL PRISON FOR $1 MILLION BANK FRAUD CHICAGO — The former owner … Continue reading
Category Archives: Sunil Harjani
A press release from the U.S. Attorney’s Office: SUBURBAN INVESTMENT ADVISOR INDICTED FOR ALLEGEDLY DEFRAUDING AT LEAST 10 INVESTORS OF $2.9 MILLION CHICAGO — A west suburban investment advisor was indicted on federal charges alleging that he fraudulently obtained approximately … Continue reading
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
A press release from the U.S. Attorney’s Office: NORTH SUBURBAN MAN SENTENCED TO 10 YEARS IN PRISON FOR $4 MILLION FRAUD OF 50 INVESTORS IN SLEEP DISORDER BUSINESSES CHICAGO — A north suburban man with a history of multiple bankruptcies, … Continue reading
A press release from the U.S. Attorney’s Office: OWNER OF BANKRUPT HOME BUILDING COMPANY INDICTED ON FEDERAL BANK FRAUD CHARGES RELATED TO COLLAPSE OF ALGONQUIN PROJECT CHICAGO — The former owner of an area home building company that went bankrupt … Continue reading
A press release from the U.S. Attorney’s Office: FOREX TRADER SENTENCED TO THREE YEARS IN PRISON FOR DEFRAUDING 47 INVESTORS OF $2.3 MILLION OVER TWO YEARS CHICAGO — A former floor trader at the Chicago Mercantile Exchange who later conducted … Continue reading
A press release from the U.S. Attorney’s Office: WILL COUNTY COUPLE SENTENCED TO FEDERAL PRISON TERMS FOR INVESTMENT FRAUD SCHEME THAT SWINDLED 40 VICTIMS OF $1 MILLION CHICAGO — A Will County couple has been sentenced to federal prison terms … Continue reading
A press release from the U.S. Attorney’s Officeabout cigarette bootlegging offenses before the tax is increase another $1 a pack: U.S. INDICTS 10 DEFENDANTS ARRESTED FOR ALLEGEDLY TRAFFICKING MILLIONS OF UNSTAMPED, UNTAXED CIGARETTES IN UNDERCOVER STING CHICAGO — At an … Continue reading
This press releases hit close to home, since I have sleep apnea: NORTH SUBURBAN MAN INDICTED IN ALLEGED FRAUD SCHEME INVOLVING $4 MILLION RAISED FROM 50 INVESTORS IN SLEEP DISORDER BUSINESSES CHICAGO — A north suburban man was indicted on … Continue reading
A press release from the U.S. Attorney’s Office: TWO SUBURBAN MEN ALLEGEDLY OBTAINED $16 MILLION FROM 300 INVESTORS IN FRAUDULENT REAL ESTATE INVESTMENT SCHEME CHICAGO — Two businessmen who operated a defunct northwest suburban real estate investment company were charged … Continue reading
Three Chicago banks got defrauded out of millions of dollars financed by a Ponzi scheme that cheated hundreds the U.S. Attorney’s Office charged today. The press release follows: THREE OWNERS OF BANKRUPT SUNRISE EQUITIES ACCUSED OF CHEATING HUNDREDS OF INVESTORS … Continue reading
The guy’s name this time is Frank Castaldi. The U.S. Attorney’s press release follows: SUBURBAN MAN SENTENCED TO 23 YEARS IN PRISON AFTER HUNDREDS OF VICTIMS LOST MORE THAN $30 MILLION IN 22-YEAR “PONZI” SCHEME CHICAGO — A Ponzi scheme … Continue reading
The U.S. Attorney’s Office has issued the following press release about another alleged Ponzi scheme in Chicagoland: FRANK A. CASTALDI CHARGED WITH ALLEGEDLY SWINDLING MORE THAN 450 INVESTORS IN $77 MILLION PONZI-SCHEME CHICAGO – A suburban businessman who offered and … Continue reading