CBOE

Former Chicago Board Options Exchange Director Gets Seven Years in Prison

Alvin Wilkinson once worked as director of the Chicago Board Options Exchange. Today, he’s facing seven years in prison, according to a statement from the U.S. Attorney’s Office for the Northern District of Illinois. Wilkinson swindled millions from unsuspecting investors over a 17-year period. He faced charges of mail fraud and wire fraud in 2017. Among the at least 30 victims of his Ponzi-type scheme were friends, family, and colleagues.