Biden commutes sentences for Chicago’s most notorious fraudsters.

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President Joe Biden on Thursday commuted the sentences of two of the Chicago area’s most notorious fraudsters: former Dixon Comptroller Rita Crundwell, who embezzled nearly $54 million from the tiny town to fund a lavish lifestyle, and Eric Bloom, the onetime leader of a Northbrook management firm who defrauded investors of more than $665 million.

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The decisions in the clemency petitions for Crundwell and Bloom were announced by the White House as part of a massive list of some 39 pardons and 1,499 commutations. Biden’s orders do not wipe out their felony convictions, but end their sentences immediately.

The White House said the commutations were for people released from prison and placed on home confinement during the coronavirus pandemic.

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https://www.yahoo.com/news/president-joe-biden-commutes-sentences-192600042.html