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Former Chicago-area man accused of wire and mail fraud

A government with unlimited powers could result in the wrongful imprisonment of people. For example, a member of a corrupt government could simply have a political opponent, for example, imprisoned. As a result, this country has several safeguards in place to ensure the rights of those accused of a crime. A man who once lived in Chicago was recently accused of wire and mail fraud. He will likely be working to ensure that all of his rights are preserved throughout the criminal process.

The man is accused of misusing millions of dollars from over 50 would-be investors. Reports indicate that the man convinced people to invest in real estate projects. However, the authorities claim that he used the money for his personal use. He allegedly hid his actions from investors by sending them fake reviews of the investment.

The man now faces several charges, including multiple counts of federal wire and mail fraud. The allegations reportedly concern investment transactions in and around Kansas City. In addition to potentially forfeiting $10 million that authorities alleged were the result of the charge, the man faces a possible $250,000 fine. He could also spend 20 years in jail for each of the six counts against him if federal prosecutors are ultimately able to prove the case against him.

It is unclear at this time what led authorities to the man or what evidence supports the wire and mail fraud charges against him. What is clear, however, is that the man, just like those facing criminal charges in Chicago, is presumed innocent until -- and only if -- he is found guilty in a criminal court. Unless prosecutors can provide sufficient credible evidence that proves he is guilty beyond a reasonable doubt, no criminal conviction is possible.

Source: wls-tv.com, "Matthew Stoen, Chicago area investor, indicted on federal fraud charges", , May 2, 2014

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