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Federal Grand Jury Indicts North Suburban Businessman on Bank Fraud and Identity Theft Charges

"Statue of Justice - The Old Bailey" by Ronnie Macdonald is licensed under CC BY 2.0 CC BY 2.0

Chicago, IL-(ENEWSPF)- A north suburban businessman has been indicted on bank fraud and identity theft charges for allegedly fraudulently obtaining millions of dollars in mortgage and vehicle loans and using stolen identities to secure credit from financial institutions.

YALE SCHIFF allegedly made false statements in loan applications to obtain mortgage loans secured by a variety of properties, according to an indictment returned in U.S. District . . .

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