Investment Advisor Charged With Defrauding Clients Out Of $4 Million
Federal prosecutors are accusing a Carol Stream man of scamming more than $4 million from clients to use in risky investments.
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Federal prosecutors are accusing a Carol Stream man of scamming more than $4 million from clients to use in risky investments.
The western suburb of Bellwood is suing its former comptroller, claiming he mishandled the village's money to benefit himself and other employees.
A federal judge in Chicago has sentenced Tony Rezko to 7 1/2 years in prison for a fraud conviction, but will allow him to serve it at the same time as his longer sentence in a separate case.
Going without health insurance is unfortunate, but paying for a bogus policy can be worse.
A Chicago federal court jury has convicted two brothers in a home repair fraud scheme that targeted elderly residents on Chicago's South and West sides.
Police in Crystal Lake say they have broken up a seven-state theft and fraud ring.
The Fire Department has moved to terminate 54 firefighters accused of padding their mileage expenses, WBBM Newsradio has learned.
Chicago Inspector General Joe Ferguson says 54 firefighters assigned to the Fire Department's Fire Prevention Bureau should be terminated.
A former Chicago resident is going to prison for more than 18 years, after admitting to trying to defraud the state and federal government out of more than $65 million using the identities of prisoners and the dead.
The Chicago Public Schools are moving to fire a principal and discipline 15 other employees, following disclosures by the CBS 2 Investigators and Better Government Association of apparent fraud in the free lunch program.
A Chicago Police officer stole $50,000 from his ailing elderly father to pay off his bills and gambling debts.
Federal authorities have charged a home health care business operator with bilking Medicare out of at least $20 million.
The owners of a Waukegan grocery store have been slapped with federal criminal charges, for allegedly defrauding federal food stamp and nutrition programs out of more than $500,000.
Gautam Gupta, owner of a Chicago-area chain of weight-loss clinics, is wanted by the federal government for allegedly scamming a private insurer and the Illinois Medicaid program.
Two people are accused of running a check fraud scheme that attempted to bilk Chicago area Wal-Mart and K-Mart stores out of more than $1.7 million.
A Barbados national who has lived in several U.S. cities was arraigned in federal court in Chicago on charges alleging he fraudulently obtained federal income tax refunds by filing hundreds of bogus tax returns.
A medical testing company cut a deal with federal prosecutors Friday, agreeing to plead guilty to fraud charges for rigging physical exams that were given to more than 10,000 applicants to the Chicago Police and Fire departments.
Surveillance cameras are a major instrument in foiling fraudsters who take suspicious tumbles in stores seeking a big paybday. 2 Investigator Dave Savini reviews some of the most obvious fakes with an expert.
After less than a month on the job, Metra's new executive director Friday laid out an action plan to make changes and root out fraud at the commuter rail agency.
Election Day in Chicago means fraud patrols.
A north suburban man and his partner in Arizona have been charged with stealing more than $2 million from a condo association, by failing to provide property management services after being paid for them.
A woman who runs a South Elgin cat shelter has been ordered to return a $50,000 grant she won in a contest.
Federal prosecutors said Thursday that they would not seek to retry former media mogul and Chicago Sun-Times owner Conrad Black, after two fraud convictions were tossed out last year by an appellate court.
Beware of the midnight caller warning you of trouble with your bank. It may very well be a call from thieves, targeting your credit cards and cash. CBS 2's Mike Parker reports on a vicious scam targeting Chicago seniors.
The RTA says it is taking steps to minimize the fraudulent use of passes meant to allow senior citizens to ride free on the CTA, Metra and Pace.
