Local Police Reports

FBI: West Suburban Investment Adviser Charged with Causing 10 Clients to Lose More Than $4.26 Million in Fraud Scheme

Chicago, IL-(ENEWSPF)- A west suburban investment adviser allegedly engaged in an investment fraud scheme that swindled the retirement savings of some elderly clients and, overall, caused about 10 clients to lose more than $4.26 million, federal law enforcement officials announced today. The defendant, Steven W. Salutric, was charged with one count of wire fraud in a criminal information filed today in U.S. District Court. Salutric allegedly diverted some of his clients’ funds to his personal…

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