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Neal Goyal, 33, was charged Wednesday with one count of wire fraud. He was the founder and manager of Blue Horizon Asset Management and Caldera Advisors, both of which were unregistered investment advisors.
Two north suburban companies and the father and son who own them defrauded hundreds of public school districts in 19 states, including Illinois, of more than $33 million, federal prosecutors charged Monday.
Many of the charged cheated Social Security by using false identities, according to a statement from the U.S. Attorney's office. They applied for benefits under multiple names, or worked under one name and applied for benefits using another name.
A Ukrainian billionaire businessman with close ties to the recently ousted Ukrainian president has been indicted in Chicago's federal court with bribing Indian government officials in a major international sting.
One of the largest fraud cases ever tried in Chicago has ended with Sentinel Management Group CEO Eric Bloom's conviction on all 19 counts.
The letter begs one federal judge to intercede with another in order to reduce the sentence Trudeau is scheduled to receive Monday.
If convicted liar Kevin Trudeau pitched his supposed miracle weight-loss book to readers by telling them the truth, it would have sold slightly more than zero copies, federal prosecutors said.
First American Bank says it has traced hundreds of devious charges to customer cards just after they're swiped in cabs. CBS 2's Chris Martinez reports.
Even in prison, convicted fraudster and TV pitchman Kevin Trudeau has something to sell.
On Wednesday, as one of the biggest financial fraud trials in Chicago history began, federal prosecutors pointed the finger of blame at Sentinel Management Group's CEO Eric Bloom, who they said "cheated and defrauded" his clients for years.
Seth Gillman, 45 and part owner of Lisle-based Passages Hospice, LLC, would reprimand and even fire workers who dared raise red flags about the policies, according to the criminal complaint.
A Chicago man and three south suburban accomplices are facing federal charges for taking out dozens of fraudulent automobile loans worth more than $1.4 million, prosecutors say.
Target has warned customers as many as 40 million credit and debit card accounts might have been exposed to identity theft, due to a data breach that began at the start of the Black Friday shopping weekend.
For lunch and dinner, she said, Trudeau's devotees may have a "handful" of vegetables and organic grass-fed meat weighing 100 grams raw -- roughly the size of a deck of cards.
The government is asking a federal judge to give the former Crestwood police chief and a former water department operator up to 21 and 27 months in prison, respectively, for their roles in a scheme to use polluted well water in the village's water supply for more than two decades.
He wouldn't talk, so it's back to jail for TV pitchman Kevin Trudeau for refusing to reveal where he's hidden millions in ill-gotten gains.
A former fundraiser for ex-Gov. Rod Blagojevich and former Congressman Jesse Jackson Jr. has agreed to plead guilty to health care fraud charges unrelated to his ties to the two disgraced politicians.
He's a highly-educated 49-year-old man accused of running a classic government kickback scam, but to Eugene Mullins' attorney, he's still "Little Geno," the 7-year-old South Side boy who "loved sports" and "defended other kids from bullies."
The boss of a Chicago-based healthcare firm is a fraudster who oversaw a massive scam to overbill for doctors' house calls in six states, federal authorities alleged Tuesday.
Two women from far northwest suburban Harvard are accused of working with a large-scale Nigerian-based scam.
Former Country Club Hills Police Chief Regina Evans pleaded guilty Monday to fraud and money laundering charges related to the misuse of a $1.25 million state grant to a non-profit organization she ran with her husband, Ronald Evans Jr.
Park Ridge police were asking for the public's health in a fraud investigation against a man they said has been using a fake identity to fleece people in at least four states.
Three con men who met behind bars were headed back to prison for a $3.5 million Ponzi scheme involving comic books, movies and collectibles.
Authorities were warning Chicago area residents about scammers using skimming devices on ATMS to steal money from people's bank accounts.
A man was found dead of an apparent self-inflicted gunshot wound after firing shots at an Indiana State Police trooper and fleeing the scene on Friday afternoon in rural LaPorte County.
Jose Trevino lined a two-run single to right field with the bases loaded in the seventh inning and the Cincinnati Reds rallied for a 6-4 victory over the Chicago Cubs.
With heavy rain in the forecast on Saturday night, the White Sox have moved up their game against the Detroit Tigers.
Construction is set to begin on a new air traffic control tower at Gary Chicago International Airport in northwest Indiana.
A Chicago police officer who survived a shooting at Swedish Hospital earlier this year made his first public appearance on Friday evening at a fundraiser to support his recovery.
Fuel prices continue to climb across the country, and that has U.S. Sen. Dick Durbin (D-Illinois) pointing the finger at President Trump.
Americans are optimistic about scientific advances in AI, but concerned that AI may take jobs.
The vice president headlines a Council Bluffs rally Friday, his second Iowa stop this year. He's been one of the GOP's most visible midterm surrogates, with trips to Kansas, Wisconsin and Ohio.
Following more attacks on tankers in the Strait of Hormuz, Trump said he'll make a "big decision" on whether to "annihilate" Iran's leadership.
A day after Mayor Brandon Johnson's revised renter protection ordinance got the backing of a key City Council committee, a group of aldermen advanced a dueling proposal, setting up a potential showdown next week.
Fuel prices continue to climb across the country, and that has U.S. Sen. Dick Durbin (D-Illinois) pointing the finger at President Trump.
Nicor customers will get a break on their bills this fall after Illinois Attorney General Kwame Roul reached an agreement with the utility to cut $140 million from its requested rate hike.
Drivers in Chicago and beyond were paying the highest gas prices ever recorded for the Labor Day holiday as millions of Americans were making their way home on Monday.
Around 115 million domestic and international tourists visited Illinois last year, pushing visitor spending past $50 billion for the first time and generating more than $88 billion in total economic impact.
Illinois Attorney General Kwame Raoul filed a lawsuit Thursday against ABC Plumbing, Heating, Cooling & Electric Inc., alleging deceptive business practices.
Nearly half of Americans with medical debt owe at least $2,000, forcing them to make tough choices, new research shows.
A judge on Tuesday was expected to place two shuttered Chicago-area safety-net hospitals into receivership.
Cardinal Blase Cupich and a group of Catholic nuns have joined a federal lawsuit challenging Illinois' Medical Aid in Dying law, which is set to take effect in just over a week.
Flies have been everywhere this summer in the Chicago area, and some of them bite. But why is this happening?
Prime Healthcare is drawing criticism after announcing it will stop obstetrics services at three Chicago-area hospitals.
The future of Rate Field was back in the spotlight on Wednesday.
Plans for a new Chicago White Sox stadium in the South Loop have residents near the existing ballpark in Bridgeport concerned, not just because the team might be leaving, but also what might be coming nearby.
A new report from the University of Illinois Chicago said federal immigration enforcement led to $1.26 billion in unspent money at retail establishments and restaurants in Cook County.
Around 115 million domestic and international tourists visited Illinois last year, pushing visitor spending past $50 billion for the first time and generating more than $88 billion in total economic impact.
A new Whole Foods Market is coming to Chicago's Old Town neighborhood.
Duncan Sheik died on Thursday night, his family said.
Aaron Rowe, Beoga, Lukas Graham and Finneas all released statements Tuesday on Instagram saying they were withdrawing from Ed Sheeran's tour.
Performer Macklemore is being dropped from Ed Sheeran's Loop tour after making on-stage statements that some found controversial.
Dubbed the "Designer to the Stars," Bob Mackie won nine Emmy Awards, a Tony Award and was nominated for three Oscars.
The stage was set and the air was humid as rapper Ye, formerly known as Kanye West, took the stage for the first of two Chicago concerts at Soldier Field Thursday night.
Construction is set to begin on a new air traffic control tower at Gary Chicago International Airport in northwest Indiana.
A Chicago police officer who survived a shooting at Swedish Hospital earlier this year made his first public appearance on Friday evening at a fundraiser to support his recovery.
A Plainfield electrician grew the biggest pumpkin ever recorded in Illinois in his own backyard, and it just won a championship weigh-off in Kentucky.
A flood watch is in effect for most of the Chicago area, including the city, as 2 rounds of heavy rain could bring 1 to 5 inches through Sunday.
A police officer in Eau Claire, Wisconsin, made a daring rescue, running into a burning townhouse to rescue a family.
A second person has been charged with killing a man by pushing him out of a moving CTA Red Line train last week on the South Side.
The final weekend of summer is shaping up to be a wet one for Chicago, just as thousands of music fans head to Douglass Park for Riot Fest.
Darreon Plummer's flight to Washington state after Da'J Flowers was killed was itself evidence he committed the crime, the judge said, rejecting a defense request for electronic monitoring.
A man was found dead of an apparent self-inflicted gunshot wound after firing shots at an Indiana State Police trooper and fleeing the scene on Friday afternoon in rural LaPorte County.
Construction is set to begin on a new air traffic control tower at Gary Chicago International Airport in northwest Indiana.
The village of Grayslake is touting a new massive data center, but neighbors say they weren't given an opportunity to make their voices heard before the project was approved.
A Cicero woman is suing Uber and a driver after the driver allegedly sexually assaulted her. She and her boyfriend said Uber hired him despite the driver having a criminal background.
Both hospitals were supposed to be placed in receivership, but after five hours of closed-door negotiations on Tuesday, it is still unclear what the future holds for both hospitals.
Chicago police crime data show 255 reported crimes in the last two years on the two blocks where the former Hard Rock and Rainforest cafés sit vacant. Neighbors have been calling the city about the alley between them for six years.
A three-year effort by the Cook County Sheriff's Office to help bring down crime on the Magnificent Mile in downtown Chicago appears to be working.
Jose Trevino lined a two-run single to right field with the bases loaded in the seventh inning and the Cincinnati Reds rallied for a 6-4 victory over the Chicago Cubs.
With heavy rain in the forecast on Saturday night, the White Sox have moved up their game against the Detroit Tigers.
Munetaka Murakami hit his team-leading 32nd home run as the Chicago White Sox tied with Cleveland for first place in the AL Central with a 3-1 win over the Detroit Tigers.
Chicago Bears starting right tackle Darnell Wright returned to practice in a limited fashion on Thursday, a day after missing practice with a knee injury, but it's the defense that's getting some renewed focus after a rough opener against the Panthers.
The Chicago Blackhawks opened training camp with three-time Stanley Cup champion Patrick Kane back on the roster, bolstering their own hopes of returning to the postseason.
A man was found dead of an apparent self-inflicted gunshot wound after firing shots at an Indiana State Police trooper and fleeing the scene on Friday afternoon in rural LaPorte County.
A second person has been charged with killing a man by pushing him out of a moving CTA Red Line train last week on the South Side.
Darreon Plummer's flight to Washington state after Da'J Flowers was killed was itself evidence he committed the crime, the judge said, rejecting a defense request for electronic monitoring.
Inside the home, owned by Eugene Horsch and connected to his father, R.C. Horsch, authorities have found a trove of digital images, a so-called laboratory of chemicals and a small marijuana grow operation.
Three girls have been charged with threatening a school in the west Chicago suburb of Addison, with two of them making a video depicting a shooting at the school, authorities announced Wednesday.
