ROCKFORD —(ENEWSPF)–June 24, 2016. An Elgin resident pleaded guilty today before U.S. District Judge Frederick J. Kapala to federal fraud charges.
STEPHEN T. ANGERMAN, 48, pleaded guilty to bank fraud, money laundering, and testifying falsely in a bankruptcy case.
According to the written plea agreement, from December 2009 through March 31, 2010, Angerman schemed to fraudulently obtain a $510,000 loan from Alliant Credit Union and a $64,590 loan from Prairie Community Bank in order…
