Crooked Workers Comp Lawyer Turns Himself in After 6 Years on the Lam in Mexico

A press release from the U.S. Attorney’s Office: DISBARRED CHICAGO LAWYER SURRENDERS AFTER MORE THAN SIX YEARS ON THE RUN; ALLEGEDLY SKIPPED PRISON TERM CHICAGO — A disbarred Chicago lawyer was indicted in a new federal case for allegedly failing … Continue reading

Aircraft Dealers Convicted of Fraud and Obstruction of Justice in $50 Million Sheme

A  press release from the U.S. Attorney’s Offcie: BCI AIRCRAFT LEASING, INC., AND ITS OWNER, BRIAN HOLLNAGEL, CONVICTED IN $50 MILLION FRAUDULENT FINANCING SCHEME CHICAGO — A federal jury today convicted the owner of an aircraft leasing company and his … Continue reading

Hedge Fund Crook Gets 20 Years for Defrauding 900 for $294 Million

While the Occupy Wall Street folks were confronting New York City Police, one of the people they are demonstrating against was standing before Chicago Federal Judge John Darrah and getting sentenced to 20 years in the pen. FORMER LAKE SHORE … Continue reading

Hedge Fund Defrauder Got 900 for $924 Million in Ponzi Scheme

A press release from the U.S. Attorney’s Office: DIRECTOR OF DEFUNCT LAKE SHORE ASSET MANAGEMENT PLEADS GUILTY TO DEFRAUDING 900 INVESTORS IN $294 MILLION FRAUD SCHEME CHICAGO — The former managing director of a hedge fund that was forced into … Continue reading

Fifth Third Bank Takes $17 Million Fraud Hit from Computer World Solution

Ever wonder why big banks have problems? The press release below from U.S. Attorney Patrick Fitzgerald’s office outlines one reason for troubles at Fifth Third Bank. It uses the word “swindle.” Bankrupt Computer World Solution’s Chief Operating Officer Kevin Gore … Continue reading