State Crime Reports

Owner Of Elk Grove Village Company Indicted For Allegedly Defrauding 200 Investors Of $9 Million Through Stock Sales

CHICAGO—(ENEWSPF)—February 28, 2014. More than 200 investors in an Elk Grove Village company that purportedly made homeland security and food safety products lost more than $9 million through the offer and sale of stock, according to a federal fraud indictment against the company’s majority owner and chief executive. The defendant, GREGORY WEBB, chairman, chief executive officer, president, and majority shareholder of InfrAegis, Inc., was charged with eight counts of mail fraud and three counts of…

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