Premier Bank ex-chief indicted in nation's first TARP fraud prosecution

Crain's Chicago Business reports:

The former chairman of failed Premier Bank in Wilmette, along with his wife and two other defendants, were indicted today in Cook County Criminal Court on fraud charges in what was described as the first case in the country accusing former bank officers and directors of defrauding the federal bank bailout program.

Irony alert: this is none other than Tony Rezko's hometown.