State Crime Reports

Chicago Investment Fund Manager Facing Criminal Charge for Allegedly Defrauding 41 Investors of $11.3 Million

CHICAGO–(ENEWSPF)–May 29, 2014.  A Chicago investment fund manager fraudulently obtained more than $11.3 million from 41 investors and misused the funds for his own benefit, as well as to repay certain investors in a Ponzi-type scheme, according to a criminal fraud case announced today by federal law enforcement officials. The defendant, NEAL GOYAL, was the founder and sole managing member of Blue Horizon Asset Management, LLC, and Caldera Advisors, LLC, both of which were unregistered…

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