Police consent decree monitor Maggie Hickey and chef Kevin Hickey are dealing with their late father’s losses from Washington Federal Bank for Savings’s shutdown.
CHICAGO An Illinois state judge
affirmed the election board’s dismissal of a complaint alleging a violation of the Campaign Disclosure Act by the 25th Ward Regular Democratic Organization. The legal fees paid by the committee on behalf of a candidate were not a personal debt, but rather fees incurred in defense of allegations of public corruption predicated on his status as a public official.
Feds charge owner of home where Bridgeport bank president John Gembara died as massive fraud case expands suntimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from suntimes.com Daily Mail and Mail on Sunday newspapers.
Washington Federal Bank for Savings, 2869 S. Archer Ave., was shut down in December 2017 for “unsafe or unsound practices” days after its president and chief executive officer, John F. Gembara, was found dead at a bank customer’s home. A federal audit uncovered an $82.6 million fraud at the bank.
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In the summer of 2017, a Chicago accounting firm with political connections gave Washington Federal Bank for Savings in Bridgeport a clean bill of health in the yearly audit required by federal bank regulators.
They ultimately found more than $82 million in suspicious loans some made without collateral or even any paperwork.