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Woodridge investment manager back in Chicago after extradition

Posted January 28, 2021 12:00 am

Chicago Sun-Times

Federal prosecutors say an investment manager from Woodridge who 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, 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.

Beam introduced himself as an investor in early 2018, when he approached the liquor commission in Naperville seeking a liquor license for a virtual reality entertainment center he wanted to open that was to be called VR 360 Playground.

• This report was produced in partnership with the Chicago Sun-Times. For related coverage, visit chicago.suntimes.com.

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