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Feds say they caught Chicago investment manager who fled to Bali while facing fraud charges

AP Photo/Firdia Lisnawati Federal prosecutors say a suburban investment manager who allegedly fled to Indonesia after he was charged in a scam to cheat people out of at least $500,000 has been returned in custody to Chicago. Marcus Beam, 50, of Woodridge, fled the United States after he was released on bond in January 2020, according to the U.S. Attorney’s office. Prosecutors said U.S. Marshals found him in Bali, and he was detained last July and returned to Chicago on Wednesday. His lawyer, Jeffrey Steinback, told the Chicago Sun-Times that “Marcus Beam and his family worked hard to facilitate his return, including the hiring of many different attorneys.”

Afternoon Edition: Jan 28, 2021

Subscribe This afternoon will be sunny and chilly with a high near 24 degrees. Tonight’s low will be around 12 degrees. Tomorrow, more sunshine is in the forecast; the high will be near 29 degrees. Top story A space heater likely caused a fire that killed a mother and her four young children yesterday in Des Plaines. That’s the assessment of city fire officials, whose preliminary investigation shows the blaze started at the top of the stairs to a second-floor unit the only exit from the unit where the family was found. There were no working smoke detectors on the second floor, Des Plaines spokeswoman Jennie Vana said in a statement. Initial findings don’t point to foul play and the investigation is now focused on how the heater might have ignited the fire, she said.

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