Two Illinois businessmen have been indicted for their alleged role in a scheme to embezzle revenue from hotels in Peoria in order to enrich themselves and their business interests from 2008 to 2018.
Gary E. Matthews, 78, and Monte J. Brannan, 67, both of Peoria, are charged with mail fraud, money laundering conspiracy, and money laundering. Brannan faces an additional three counts of concealment of bankruptcy assets. It is unclear if they have acquired legal representation.