2014 readers choice results
Article updated: 5/1/2013 7:08 AM

2 Chicago-area men to join third man in Ponzi-scheme case

  • Article
text size: AAA
By Associated Press

Two Chicago-area men who took part in a multi-million dollar Ponzi-type scheme with another man they met in prison are returning to federal prison after pleading guilty to fraud charges.

In a news release, the U.S. Attorney's Office in Chicago says 62-year-old Daniel Parrilli has been sentenced to 70 months in prison. Forty-eight-year-old John Lauer was sentenced to 31 months in prison. Fifty-seven-year-old Christopher Andersen is already serving a 95-month sentence.

Advertisement

The release says two of the men posed as businessmen looking for investors in their company, which bought and sold films and comic book rights. The third man's role was to reassure investors. The release says that 150 people invested more than $7 million, 100 of whom lost more than $3.6 million.

Comments ()
We are now using Facebook comments to offer a more inclusive, social and constructive discussion. Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the X in the upper right corner of the comment box. To find our more, read our FAQ.

This article filed under

Business Video
Area Business Calendar

BusinessDirectory

Connect with a business or service in your area fast. First select a town, then enter a search term or choose one of the listed popular searches:

Don't see your town listed? Visit our full directory to begin your search.

MostViewed

Today
Yesterday
Most Commented
Top Jobs

    View all Top Jobs Place a job ad

    DHExtras

       
    • Newspaper next section - Newspaper next section Report card checker - report card checker
    • Dh innovation award 2 - Dh innovation award 2 Zillow /real estate page
    • Discuss refer On Guard series
    • Newspaper archives -- Monday or anyday Mike North

    FacebookActivity