Chicago, IL–(ENEWSPF)– A north suburban man will appear in Federal Court after he was arrested yesterday for allegedly defrauding a handful of victims of approximately several million dollars they invested in a commodity futures hedge fund he managed. The defendant, Jay C. Nolan, was charged with mail fraud in a criminal complaint filed yesterday, announced Patrick J. Fitzgerald, United States Attorney for the Northern District of Illinois, and Robert D. Grant, Special Agent-in-Charge of the Chicago Office of the Federal Bureau of Investigation.
