53.9 F
Chicago
Tuesday, April 29, 2025
- Advertisement -spot_img

TAG

bank fraud

Suburban Chicago Businessman Sentenced to Three Years in Prison for Bank Fraud

Schiff, 50, of Riverwoods, Ill., pleaded guilty in 2023 to a federal bank fraud charge. In addition to the prison sentence, U.S. District Judge Mary M. Rowland on Jan. 16, 2025, ordered Schiff to pay $2,955,954 in restitution. #fraud

Two Illinois Men Sentenced for Conspiracy to Commit Bank Fraud, Bank Fraud, and Money Laundering

Both men were charged in October 2020 in a twelve-count indictment. #indictment

Former CEO of Subprime Auto Lender Indicted in $54.5 Million Bank Fraud Scheme

As a result of Collins’s false representations and material omissions regarding the line of credit and the trust, the bank lost approximately $54.5 million, the indictment states. #fbi

Latest news