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Bridgeport bank failure fallout: Washington Federal Bank for Savings shutdown cost far more than feds have said: Where did the money go?

Authorities say they’ve recovered $59 million toward the money lost when they shut down Washington Federal Bank for Savings, but they’re still out another $81 million, records show. ....

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William M. Mahon, high-ranking Lightfoot aide with deep Daley ties, indicted in Bridgeport bank failure of Washington Federal Bank for Savings

William M. Mahon, who was once suspended for helping rig city job applicants’ test scores, now faces charges over his role as a Washington Federal Bank for Savings board member. ....

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Four new defendants added to federal indictment alleging multi-million dollar embezzlement conspiracy resulting in failure of Chicago bank

Four new defendants added to federal indictment alleging multi-million dollar embezzlement conspiracy resulting in failure of Chicago bank
irs.gov - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from irs.gov Daily Mail and Mail on Sunday newspapers.

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Feds charge owner of home where Bridgeport bank president John Gembara died as massive fraud case expands

Washington Federal Bank for Savings President John F. Gembara was found dead in the home of Marek Matczuk, who now is among four new defendants in the growing bank fraud case.
The man who owns the million-dollar Park Ridge home where a failed Bridgeport bank president’s dead body was discovered three years ago now faces criminal charges as the investigation into “massive fraud” at Washington Federal Bank for Savings expands.
The homeowner, Marek Matczuk, is among four new defendants accused in a 67-page indictment Thursday. Also named as new defendants are James R. Crotty, a former vice president of the bank, and real estate developers Boguslaw Kasprowicz and Miroslaw Krejza. ....

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Feds charge owner of home where Bridgeport bank president John Gembara died as massive fraud case expands

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.

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