Serving the Loop and Near North neighborhoods of downtown Chicago
Residents nabbed in money laundering investigation

April 12, 2012 – Two Marina City residents were arrested in March, charged with money laundering as part of a joint investigation by Chicago police and the U.S. Secret Service.

Police and Secret Service agents arrived on March 8 at 2:30 p.m. with search and arrest warrants. The bond on the arrest warrants was $1 million each.

Chicago police will only say the men are white, one is 41 years old, and the other is 33 years old.

The investigation involves “skimming,” which on the Secret Service website is described as electronic skimming related to credit and debit cards.

Bally’s vs. City Council: Did Chicago’s casino contract deal the city a bad hand?
Bally’s vs. City Council: Did Chicago’s casino contract deal the city a bad hand?
The art of slow travel: Finding serenity and simple pleasures in Shipshewana
The art of slow travel: Finding serenity and simple pleasures in Shipshewana
League of Women Voters cancels 5th District forum after Quigley does not respond
League of Women Voters cancels 5th District forum after Quigley does not respond
Sheriff deputies to supplement CPD following gang shooting in River North
Sheriff deputies to supplement CPD following gang shooting in River North
New sheriff, new rules: Fed Chief Warsh signals higher mortgage rates ahead
New sheriff, new rules: Fed Chief Warsh signals higher mortgage rates ahead
What is Alderman Martin smoking? The risky return of the single-stairway apartment
What is Alderman Martin smoking? The risky return of the single-stairway apartment
Culture is big business: Arts sector accounts for 16% of Loop jobs
Culture is big business: Arts sector accounts for 16% of Loop jobs
Chicago’s proposed ‘Tenant Bill of Rights’ could cost both landlords and renters
Chicago’s proposed ‘Tenant Bill of Rights’ could cost both landlords and renters
Chicago real estate feud boils over as MLS shuts down Zillow’s data access
Chicago real estate feud boils over as MLS shuts down Zillow’s data access
Jewelers Building to get $25M hospitality-driven renovation
Jewelers Building to get $25M hospitality-driven renovation
ChicagoFilming.com Chicago MLS Pro Aqua Condo Homes Marina City Condo Homes Chicago MLS Pro