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Acting Ill. U.S. Attorney: Federal Jury Convicts Chicago Trader of Engaging in Unauthorized Trading That Caused $30 Million in Losses
February 09, 2024
CHICAGO, Illinois, Feb. 9 -- The office of the U.S. Attorney for the Northern District of Illinois issued the following news release on Feb. 8, 2024:

A Chicago trader has been convicted of fraud for engaging in unauthorized speculative bond trading that cost his employer and others more than $30 million.

A jury in U.S. District Court in Chicago on Wednesday convicted KEITH WAKEFIELD, 50, of Chicago, on one count of securities fraud and three counts of wire fraud. Each c . . .

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