Roy Fluker, of Highland Park, has been sentenced in an alleged far-reaching
investment fraud scheme that took $10.7 million from investors. Fluker's
son and daughter were also allegedly involved and were convicted late
Roy Fluker, along with his previously convicted family members, are said
to have done business through their company All Things in Common, which
did business as More Than Enough and Locust International.
They allegedly claimed returns of 25% each month over a one-year period
in their "Spend and Redeem Program." They were also involved
in their "Housing Program," which was supposed to reduce mortgage
payments on a track to home ownership within five years.
Allegedly, the scam targeted African-Americans, who were found through
local churches and hotels in Chicago. Some investors received
Ponzi scheme-style payments, and about $3.4 million has been obtained since Fluker's
accounts have been frozen. He has been sentenced, and it is expected that
he will be ordered to pay restitution to the investment fraud victims.
If you have been the victim of a
Chicago Ponzi scheme, contact an experienced and successful investment fraud attorney with
Meyer Wilson today.