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N.J. U.S. Attorney: Former Commodities Trader Charged With Multimillion-Dollar Investment Scheme
May 12, 2023
NEWARK, New Jersey, May 12 -- The U.S. Attorney for the District of New Jersey, Philip R. Sellinger, issued the following news release on May 11, 2023:

A Chicago man was arrested today and charged in an investment fraud scheme that defrauded victims of over $2 million, a U.S. Attorney Philip R. Sellinger announced.

Phillip Galles, 57, of Chicago, is charged by complaint with one count of wire fraud. Galles made his initial appearance this afternoon before U.S. Magistrat . . .

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