U.S. District Court for the Northern District of Illinois

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SHOCKING: SEC Says Illinois Investment Adviser And Movie Producer Raided Account Of 96-Year-Old Nursing Home Patient With Dementia; Steve Salutric Ponzi Diverted $321,000 To His Church

SHOCKING: SEC Says Illinois Investment Adviser And Movie Producer Raided Account Of 96-Year-Old Nursing Home Patient With Dementia; Steve Salutric Ponzi Diverted $321,000 To His Church

A federal judge has frozen the assets of Illinois investment adviser Steve Salutric in a Ponzi scheme case in which the allegations are shocking. Salutric, 51, a church treasurer who took a stab at the fim business and co-produced the 2005 movie “Madison” starring Jim Caviezel and Bruce Dern, raided the account of a 96-year-old […]