riverwoods il

Chicago

Suburban Chicago Businessman Sentenced to Three Years in Prison for Bank Fraud

Silence DoGood - February 2, 2025

Schiff, 50, of Riverwoods, Ill., pleaded guilty in 2023 to a federal bank fraud charge. In addition to the prison sentence, U.S. District Judge Mary M. Rowland on Jan. 16, 2025, ordered Schiff to pay $2,955,954 in restitution. #fraud

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