The investigation alleges Cook County tax buyer Greg Bingham exploited loopholes and possibly committed fraud in the foreclosure system.

The state has not yet updated its law, exposing counties to potential liability, and two legislative fixes have been introduced to address the issue.

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Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. The state of Illinois is considering taking a significant ...

CHICAGO (WLS) -- An obscure practice that lets private investors extract millions in equity from Illinois homeowners is now under legal fire. For decades, county treasurers in Illinois have collected ...

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Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. Two new federal lawsuits have hit Illinois counties' sales ...

Lawmakers voted to pass House Bill 598 on Thursday, which would delay the annual Cook County property tax debt sale from March 10 to Dec. 1, 2026, and pause accruing interest on the debt. However, the ...