Chicago Trader Cops To Pilfering $9M In Ponzi-Like Scheme

By Jessica Corso (December 2, 2016, 3:42 PM EST) -- A Chicago trader who ran an operation "akin to a Ponzi scheme" has pled guilty to a single count of wire fraud for cheating investors out of $9 million by promising he would invest money that he instead traded on and pocketed, according to an order entered in Illinois federal court....

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