Toll Free 866-852-6426
Local 773-467-7079
Call For a Free Consultation Available 24/7
Choose a Defense Attorney With The Experience To Make The Right Moves

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:, "Matthew Stoen, Chicago area investor, indicted on federal fraud charges", , May 2, 2014

No Comments

Leave a comment
Comment Information

Notable Results

  • Accusation: Attempt First Degree Murder
  • Facing: 30 years in prison at 85%
  • Result: Post-conviction petition granted
  • Accusation: Solicitation of a Prostitute, Obstructing Justice, Battery
  • Facing: 365 days in jail, loss of legal residence
  • Result: All charges but battery dropped, one year expungeable supervision
Read Our Reviews
Email us for response

Contact Us

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Contact Us For A Free Consultation.

To get answers to your legal questions, call our firm at 866-852-6426 or send us an email.

Law Office of Stephen L. Richards
53 W Jackson Blvd
Suite 756
Chicago, IL 60604

Toll Free: 866-852-6426
Phone: 773-467-7079
Fax: 773-634-8107
Chicago Law Office Map

Email : [email protected]