East Bank Club ex-controller gets 4 years in prison for embezzling

By The Associated Press editor@lawbulletinmedia.com

Posted February 3, 2023 10:55 AM

A judge sentenced a former controller of Chicago’s high-end East Bank Club to four years in federal prison for embezzling more than $4 million from the facility.U.S. District Judge Ronald A. Guzman of the Northern District of Illinois sentenced 58-year-old Peter Craig Savely on Thursday, the Chicago Tribune reported.Savely pleaded guilty in October to one count of bank fraud. He acknowledged in a plea agreement that he stole $4.1 million from the health club over a seven-year period beginning in 2013. He would write …

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