U.S. Appellate Court Decision Gives First Amendment Rights of Newspapers to Blogs

Since the following court decision expands protections for bloggers, such as McHenry County Blog, it is being reprinted in full.  My thanks for an alert Friend of McHenry County Blog for telling me about it.  Highlighting and additional paragraphing has … Continue reading

Former CHA Risk Manager Who Cheated Pension Fund of $15 Million among Ponzi Comic Book, Film Scammers

A press release from the U.S. Attorney’s Office: THREE FRAUD DEFENDANTS WHO MET IN PRISON SENT BACK TO SERVE NEW SENTENCES IN $3.6 MILLION PONZI SCHEME CHICAGO — Three serial fraud defendants who met while incarcerated for unrelated crimes at … Continue reading

Feds Crack Another Ponzi Scheme – $28 Million in Forfeiture Sought

A press release from the U.S. Attorney’s Office: TWO WEST SUBURBAN MEN TO BE ARRAIGNED ON FEDERAL CHARGES IN $28 MILLION INVESTMENT FRAUD SCHEME CHICAGO — Two west suburban men are scheduled to be arraigned Thursday on federal charges alleging … Continue reading

Woodstock Man Sentenced in $9 Million Ponzi Scheme

Woodstock’s Francis X. Sanchez has been sentenced to 11 and a third years in Rockford Federal Court fraudulently obtaining $7 million from investors in his InvestForClosures business. Sanchez admitted wrong-doing, which can be read in the press release from the … 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

Woodstock’s Francis Sanchez Cops Plea in $7 Million Ponzi Scheme

A press release from the U.S. Attorney’s Office: McHENRY COUNTY BUSINESSMAN PLEADS GUILTY TO $7 MILLION FRAUD ROCKFORD — A Woodstock, Ill., man pleaded guilty today in federal court in Rockford to conducting a $7 million mail fraud scheme. Francis … Continue reading