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Chicago City Wire

Saturday, July 19, 2025

Crime News

Crime

7,710 Black individuals arrested in Chicago during Q2

Black arrests made up 62.6% of the 12,321 arrests registered in Chicago during the second quarter of 2025.

By J. A. Schumacher | Jul 18, 2025

Crime

Fmr. Chicago Public Schools CEO: 'The demonization of law enforcement personnel is placing them in harms way'

Paul Vallas, former CEO of Chicago Public Schools, said that rising violence against police officers and insufficient penalties pose a threat to the safety of law enforcement and the public.

By Chicago City Wire | Jul 14, 2025

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Crime

Belvedere Trading founder: 'Demands for $9 million from a founder’s capital account' 'made under duress and threat of legal sabotage'

By Chicago City Wire | Jul 11, 2025

William C. Carlson, founder of Belvedere Trading LLC, has raised serious allegations against CBOE Global Markets Inc., citing issues of fraud, wire transfers, and oversight breakdowns involving a member firm.

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Crime

Former Chicago Public Schools CEO on crime: 'Chicago, is off to a bloody July'

By Chicago City Wire | Jul 9, 2025

Paul Vallas, former CEO of Chicago Public Schools, said that recent violence highlights an increase in shootings and murders in Chicago, despite claims of declining crime.

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Crime

Chicago Contrarian questions Artis Lounge’s compliance at Buckzz release party after shooting

By Chicago City Wire | Jul 7, 2025

Chicago Contrarian announced on X that it questioned whether Artis Lounge met legal requirements—including permits, security, liquor license, surveillance, and police cooperation—when hosting Mello Buckzz’s release party, where a mass shooting...

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Crime

Cboe Global Markets has not responded to formal complaint regarding alleged financial irregularities

By Chicago City Wire | Jul 2, 2025

The Chicago Board Options Exchange (Cboe) has not responded to a formal complaint requesting an investigation into alleged attorney misconduct related to financial irregularities at Belvedere Trading.

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Crime

Former CPD officer says morale, crime crisis rooted in lack of leadership: ‘Coming from the top’

By Chicago City Wire reports | Jul 1, 2025

Former Chicago police officer Charles Walters says the department is in crisis due to what he calls a collapse in authority, surging crime and a lack of leadership from City Hall.

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Crime

Belvedere Trading founder: 'I'm requesting CBOE Global Markets Inc do a full and transparent investigation' into bad actors

By Chicago City Wire | Jun 25, 2025

William Carlson, founder of Belvedere Trading, has called for a comprehensive investigation by Cboe Global Markets following the resurfacing of a concealed 2010 forensic report that details alleged criminal conduct.

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Crime

Former Chicago Public Schools CEO: Warrant crisis puts 'CPD officers lives in grave danger'

By Chicago City Wire | Jun 23, 2025

Paul Vallas, former CEO of Chicago Public Schools, has raised concerns over Cook County's handling of arrest warrants and protection orders, suggesting that these failures have increased risks for both police officers and victims.

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Crime

U.S. DOJ Attorney amidst Belvedere Trading dispute: 'Attorneys who violate the trust of their clients' 'will be held accountable'

By Chicago City Wire | Jun 23, 2025

Andrew Boutros, an attorney for the U.S. Department of Justice (DOJ), emphasized the accountability faced by legal professionals who fail in their fiduciary responsibilities or betray client trust in financial cases.

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Crime

Founder of Belvedere Trading LLC on former employee alleged wire fraud: 'This is criminal fraud and criminal conduct'

By Chicago City Wire | Jun 13, 2025

William Carlson, founder of Belvedere Trading LLC, has alleged that former employees engaged in criminal wire fraud and money laundering without his knowledge between 2006 and 2008.

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Crime

Founder of Belvedere Trading LLC on CBOE ties: 'Belvedere wrongdoers are all mostly CBOE members'

By Chicago City Wire | Jun 13, 2025

William C. Carlson, founder and former Managing Member of Belvedere Trading LLC, has alleged that individuals involved in the firm's purported misconduct were closely connected to the Chicago Board Options Exchange (Cboe).

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Crime

Founder of Belvedere Trading LLC on internal embezzlement claims: 'This is wire fraud'

By Chicago City Wire | Jun 13, 2025

William Carlson, founder of Belvedere Trading LLC, has accused company insiders of committing financial crimes by transferring funds to hidden accounts and concealing a forensic report.

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Crime

Chief Judge Evans: Scheduled Loop pro-illegal alien protest means no Cook County marriages performed this weekend

By Chicago City Wire | Jun 12, 2025

Timothy Evans, Chief Judge of the Circuit Court of Cook County, said there will be a protest this weekend titled "No Kings," which is expected to draw approximately 10,000 participants.

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Crime

Larry Hoover commutation shows GOP doesn’t appreciate the depth of Chicago radicalism, former cop and author says

By W.J. Kennedy | Jun 11, 2025

President Trump’s commutation of Gangster Disciple founder Larry Hoover shocked police and prosecutors, crime writer and former Chicago cop Maritn Preib recently told former gubernatorial candidate Jeanne Ives on her podcast, The Real Story.

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Crime

Belvedere Trading founder names ex-staff and CBOE director in fraud claim: ‘Under instructions' they 'sent large illegal wires’

By Chicago City Wire | Jun 9, 2025

William Carlson, founder of Belvedere Trading LLC, has alleged that internal actors conducted unauthorized financial transfers and other illicit activities under instruction.

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Crime

Belvedere Trading LLC founder alleges $35 million scheme and cover-up: 'Hiding these crimes is attempting to shield federal crimes'

By Chicago City Wire | Jun 6, 2025

William Carlson, founder of Belvedere Trading LLC, has accused several individuals associated with the firm of committing fraud and concealing financial crimes without his consent.

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Crime

Founder of Belvedere Trading on internal fraud shielded by retained counsel: 'I alone was responsible for Belvedere Trading LLC'

By Chicago City Wire | Jun 4, 2025

William Carlson, founder of Belvedere Trading LLC, announced that he launched the firm through Chicago Board Options Exchange (CBOE) channels and plans to provide new details to the exchange's board about the company’s history and conduct.

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Crime

García faces questions over association with father of suspected D.C. Israeli Embassy shooter

By Chicago City Wire reports | May 29, 2025

Congressman Jesús “Chuy” García (D-IL) is facing criticism for his association with Eric Rodriguez, the father of Elias Rodriguez—the man charged with murdering two Israeli Embassy staffers in Washington, D.C. on May 21.

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Crime

Long-buried forensic report outlines basis for requested criminal investigation into Belvedere Trading LLC

By Chicago City Wire reports | May 22, 2025

William C. Carlson, founder and former co-owner of Belvedere Trading LLC, has released a forensic audit that he claims confirms he was defrauded of approximately $35 million in equity from the firm he founded in 2002.