Seven years after Bridgeport bank collapse amid massive scheme, prosecutions persist, as do questions
One key player was recently given nearly 13 years in prison after being convicted of embezzling almost $6 million from ...
Mutual Federal Bank to merge with Pulaski Savings Bank to bolster Chicago presence
Mutual Federal Bank, the owner of Mutual Federal Bancorp (OTCPK:MFDB), is planning to merge with Pulaski Savings Bank ...
Bisnow10d
Chicago-Area Developer Gets Almost 13 Years In Prison For Embezzling Millions From Failed Bank
Park Ridge native Marek Matczuk was found guilty of embezzling almost $6M from the shuttered Washington Federal Bank for ...
Chicago Federal Court Offers Banks Relief From Illinois' Historic Credit Fee Curbs
U.S. District Chief Judge Virginia Kendall of the Northern District of Illinois found that a coalition of banking ...
In crooked Bridgeport bank's failure, CEO's 'right-hand man' gets nearly 13 years in prison
Marek Matczuk, who owned the Park Ridge home where bank boss John F. Gembara died, also is ordered to pay nearly $6 million ...
Crain's Chicago Business11d
Real estate developer gets 13 years for embezzling from Washington Federal Bank for Savings
Real estate developer Marek Matczuk was sentenced to nearly 13 years in prison for embezzling millions of dollars from the ...
Chicago Tribune11d
Man tied to Washington Federal embezzlement scheme sentenced to nearly 13 years in prison
A man who was found guilty in 2023 for his role in a decadelong, $31 million embezzlement scheme that brought down Washington Federal Bank for Savings ... city official, a Chicago attorney and ...