PEORIA, Ill., March 5 -- The U.S. Department of Justice's Federal Bureau of Investigation Springfield Field Office issued the following press release:

A Peoria, Illinois man, Chad D. Campen, 34, of the 6100 block of Pfeiffer Road, pleaded guilty on March 5, 2024, to one count of bank fraud, three counts of wire fraud, one count of money laundering, one count of bankruptcy fraud, and one count of false statements under oath. Sentencing for Campen has been scheduled for July 11, 2024, at the U.S. Courthouse in Peoria, Illinois.

In court before U.S. District Judge James E. Shadid, Campen admitted that he had orchestrated a long-term fraud scheme in which he lied about his business involvement and success and created false and fraudulent docu...