Developers Embezzled Millions From Chicago Bank, Jury Told

By Celeste Bott (September 11, 2023, 5:42 PM EDT) -- Two property developers conspired with the president of a now-shuttered Chicago bank to embezzle millions in funds through purported real estate loans they had no intention of paying back and instead used the money for their own personal expenses, prosecutors told an Illinois federal jury on Monday....

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