Chicago, IL-(ENEWSPF)- LaShawn K. Ford, an Illinois State Representative who also invested in real estate in Chicago, was indicted Thursday on federal bank fraud and related charges for allegedly fraudulently obtaining a $500,000 increase and a two-year extension on a line of credit from the failed ShoreBank and obtaining multiple advances by making false statements about his intended use of the funds.
Ford, 40, of Chicago, who operated Ford Desired Real Estate Inc. and also…






