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$50.4 million in suburbs' money could be lost to scam

November 09, 2014

About $50.4 milion in taxpayer money could be lost after suburban mayors and other local leaders learned this week that a potentially far-reaching scam hit an Oak Brook-based government investment firm. Some money invested by the village of Hanover Park, the Palatine Park District and the Des Plaines-based Northwest Municipal Conference is at risk.

Source: http://www.dailyherald.com/article/20141108/news/141108538/
 
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