State Crime Reports

Kenilworth Businessman Indicted for Failing to Report $3 Million in Personal Income from Downtown Real Estate Deal

CHICAGO —(ENEWSPF)–October 16, 2015.  A Kenilworth businessman has been indicted on charges he evaded federal income taxes by concealing $3 million he earned in connection with a high-rise real estate deal in downtown Chicago, federal authorities announced today.

Proud member of LION Publishers

SALVATORE GALIOTO earned $3 million in personal income as part of the acquisition of nine floors in a high-rise building at 55 E. Washington St. in Chicago in 2007, according to the indictment.  The seller, Pittsfield Development…

Most read stories this week

Take a Survey

ARCHIVES