You are currently viewing the printable version of this article, to return to the normal page, please click here.

Former gov’t informant charged with wire fraud

- Associated Press - Friday, April 18, 2014

CHICAGO (AP) - A Chicago real estate developer who was a key government witness in corruption cases is facing federal charges after authorities say he stole $370,000 from a Chicago suburb.

Prosecutors charged John Thomas with wire fraud and arrested him Friday. The Chicago Sun-Times reports (http://bit.ly/1gHEXbk ) he pleaded not guilty at an afternoon court appearance.

Prosecutors say the 51-year-old used money awarded to his company to repay personal loans, legal fees and other expenses.

The $900,000 from Riverdale was supposed to be used by Thomas' company for a redevelopment project at the now-closed Riverdale Marina, although prosecutors say only a portion was used for legitimate work.

Thomas was an undercover informant in a series of corruption cases, including the case against fundraiser Tony Rezko, who's serving time in prison.

Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.