Elgin, Illinois Man Indicted for Defrauding Four in Marinette, Wisconsin
Acting United States Attorney Gregory J. Haanstad of the Eastern District of Wisconsin, announced that a federal grand jury returned an indictment against Gregory J. Kuczora (age: 55) of Elgin, Illinois, charging him with two counts of wire fraud in violation of Title 18, United States Code, Section1343. On each count the defendant faces maximum penalties of not more than 20 years’ imprisonment, a maximum fine of $250,000, a $100 special assessment, and a three year term of supervised release.
The indictment alleges that from February 2007 to February 2011, Kurzora defrauded approximately 70 individuals nationwide out of just over $1 million, including four individuals from Marinette County, Wisconsin. The defendant promised business loans in exchange for up-front fees, purporting to be an agent of a fictitious financial investment firm located in the United Kingdom. Records show, however, that the investment firm was little more than a website registered in the nation of Panama.
This case was investigated by the Federal Bureau of Investigation and the Marinette County Sheriff’s Office. The case will be prosecuted by Assistant United States Attorney Daniel R. Humble.
An indictment is only a charge and is not evidence of guilt. The defendant is presumed innocent and is entitled to a fair trial at which the government must prove him guilty beyond a reasonable doubt.