North Suburban Financial Adviser Indicted on Fraud Charges for Allegedly Swindling $450,000 From Clients
CHICAGO — A north suburban financial adviser has been indicted on federal fraud charges for allegedly swindling clients who had sought her assistance in purchasing a new home after foreclosure.
MARY MARTINEZ, also known as Mary Flores, 53, of Glencoe, is charged with ten counts of wire fraud in an indictment returned Thursday in U.S. District Court in Chicago. Arraignment has not yet been scheduled.
The indictment was announced by John…
Press release
August 17, 2020
Six Charged in Transnational Money Laundering Operation Involving Elder Fraud
TYLER, Texas – U.S. Attorney Stephen J. Cox announced today that six individuals have been arrested pursuant to a federal indictment alleging money laundering violations.
“The threat posed by transnational organized crime is continuing to increase,” said U.S. Attorney Stephen J. Cox. “Of particular concern to us is the financial exploitation of older Americans by foreign-based crime rings. These villains are located thousands of…
Press release
July 31, 2020
Executive Charged With Skimming $1.1 Million From Federally Insured Nursing Homes
CHICAGO — The owner of several Illinois nursing homes has been indicted by a federal grand jury for allegedly skimming money from federally insured facilities that had defaulted on mortgage loans to pay expenses of a non-federally insured facility.
MARK YAMPOL, 57, of St. Louis, Mo., is charged with one count of equity skimming, according to an indictment returned Wednesday in U.S. District Court in Chicago. The charge is punishable by…
Press release
July 31, 2020