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The latest in the failed Bridgeport bank trial, City Council elections and more in your Chicago news roundup - Vimarsana News

The latest in the failed Bridgeport bank trial, City Council elections and more in your Chicago news roundup

Today’s update is a 5-minute read that will brief you on the day’s biggest stories.

Dead CEO of Failed Bridgeport Bank in the Spotlight as Embezzlement Trial Begins - Vimarsana News

Dead CEO of Failed Bridgeport Bank in the Spotlight as Embezzlement Trial Begins

John F. Gembara, the late president and CEO of a failed Bridgeport bank who was found dead in a customer’s bedroom five years ago, took center stage Tuesday...

Former Ald. Patrick Daley Thompson sentenced to four months in prison - Vimarsana News

Former Ald. Patrick Daley Thompson sentenced to four months in prison

Patrick Daley Thomspson, former 11th Ward alderman and scion of the Daley political dynasty, was sentenced Wednesday to four months in prison for tax evasion and lying to banking regulators.

Patrick Daley Thompson's attorneys argue prison time is not warranted for the former alderman - Vimarsana News

Patrick Daley Thompson's attorneys argue prison time is not warranted for the former alderman

Lawyers for ex-Chicago Ald. Patrick Daley Thompson asked Monday for a sentence of probation on his conviction on counts of tax evasion and lying to banking regulators.

Bridgeport bank failure case: CEO's wife told police of 'illegal activity' 5 years before shutdown of Washington Federal Bank for Savings - Vimarsana News

Bridgeport bank failure case: CEO's wife told police of 'illegal activity' 5 years before shutdown of Washington Federal Bank for Savings

Five years before Washington Federal Bank for Savings was ordered closed because of massive fraud, CEO John F. Gembara’s wife told police she planned to call the FBI on her husband, newly obtained records show.