State Crime Reports

Real Estate Investment Partner Indicted for Allegedly Cheating At Least 50 Mostly Chicago Area Investors of $10 Million

CHICAGO–(ENEWSPF)–May 2, 2014.  A former Chicago area real estate investment partner was indicted on federal charges alleging that he fraudulently obtained more than $10 million from more than 50 investors, many of whom lived in the Chicago area, and misused the funds he obtained from them as well as lenders. The defendant, MATTHEW STOEN, was a founder of Stone Rose, LP, and effectively was its managing general partner.

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Stoen, 35, of Wayzata, Minn., and formerly…

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