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updated: 7/29/2011 5:22 PM

Betty Loren-Maltese's home sells at auction

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  • Former Cicero Town President Betty Loren-Maltese served 6 years in prison for fleecing taxpayers of more than $12 million in a mob-related insurance scam

      Former Cicero Town President Betty Loren-Maltese served 6 years in prison for fleecing taxpayers of more than $12 million in a mob-related insurance scam
    Associated Press file photo

 
Associated Press

The home of a former Cicero mayor convicted of fraud has sold as the government attempts to recoup some of the money she owes.

The home of Betty Loren-Maltese was auctioned Thursday for $87,000.

Loren-Maltese, who watched the auction, told the Chicago Sun-Times the son of a neighbor bought the three-bedroom property.

Loren-Maltese served 6 years in prison for fleecing taxpayers of more than $12 million in a mob-related insurance scam. She's been released from prison. She says she's innocent and has appealed the conviction. She now lives in an apartment in Palos Hills.