SEC Hits Illinois with Securities Fraud Charges

Illinois broke federal securities laws in misstating the true health of the state’s depleted pension funds when going out onto the bond market between 2005 and early 2009, the Securities and Exchange Commission announced Monday.  … The finding of...

$2M in Unemployment to Inmates

More than 1,100 people have collected nearly $2 million in unemployment benefits while they were in county jails or state prisons, including $43,000 that went to a person in the Cook County Jail, a state agency said Tuesday. Now they may face state or federal criminal...