Due to its poor financial health and lagging economy, Illinois carries unique economic and fiscal risks from a prolonged market downturn or recession. The state must act now to mitigate harm from COVID-19.View Report
A federal court sentenced former Chicago Ald. Willie Cochran to one year in prison after pleading guilty to wire fraud.
South Side Ald. Willie Cochran pleaded guilty March 21 to felony wire fraud for spending his ward’s charity funds on personal expenses. That’s 30 Chicago aldermen convicted of corruption since 1972.
The South Side alderman had been charged with stealing charity donations to finance his daughter’s college tuition payments and casino getaways in Indiana, among other offences.