‘Most stupid fraud in history’: Suburban man gets 10 years in prison for $14 million fraud tied to COVID-19 loans
- Posted on March 10, 2026
- By Chicago Tribune
- 6 Views
‘Most stupid fraud in history’: Suburban man gets 10 years in prison for $14 million fraud tied to COVID-19 loans

A south suburban man was sentenced to 10 years in federal prison Tuesday in a massive, $14 million fraud scheme where he collected kickbacks for filing more than 1,500 bogus loan applications at th…