A former Newton County banker has been sentenced to more than six years in prison.
46-year-old Mark Warne of Brook devised a scheme to defraud Community State Bank. Court records show he was serving as bank president.
Prosecutors said the case involved the bank issuing more than $6 million in fraudulent loans.
Warne was sentenced (Thursday) to 78 months in prison and then two-years supervised release. The court order also calls for payment of more than $3.4 million in restitution. The prison term begins in December.
River Valley Metro suing state of Illinois, state owes $3.7 million
The River Valley Metro bus system and other downstate transit systems are on the verge of filing a lawsuit against the Illinois Comptroller for monies owed.
Illinois owes the Metro bus system $3.7 million. And if it’s not paid soon, the RVM operation may have to shut down before Thanksgiving.
That word comes from River Valley Metro Manager Rob Hoffman. He said “that’s not what we want to happen, but without the funding we’re owed the system can’t operate.”
Hoffman tells 94.1 WGFA News, the state’s been holding up tax money that’s ours since January. Hoffman said the local system is owned $3.7 million. Other downstate transit systems are due some $135 million.
Asked if the Comptroller has responded, Hoffman said “we’re told transit is not a priority.”
RVM held a special meeting Tuesday to address the issue. The Board directed Hoffman to file the lawsuit. Shutting down the system, Hoffman says, would be a disaster; “too many people depend on mass transit; it’s their only transportation.”
A single-vehicle crash west of Hoopeston early Tuesday claimed the life of a Rankin man. 41-year-old William Rossolille was pronounced dead at the scene after he was ejected from his auto, according to Vermilion County Coroner Peggy Johnson.
Sheriff’s Police said the investigation showed Rossolille was eastbound on County Road 4200 North when he apparently lost control of his vehicle. The car left the rural road and rolled several times.
The Vermilion County Board has placed its proposed $37.3 million dollar budget on public display. The budget proposes spending $13.1 million dollars in the General Fund, but, again, holds the line on taxes.
The proposed new budget includes funding a new Health Educator position and adding one more deputy to the Sheriff’s Department.
County Board Chairman Mike Marron says the Board continues to hold the line. Marron explained some school districts set their levies higher just to make up what the state hasn’t paid. That, he said, is why some property taxes have jumped.