By Greg Burns  | More details have come to light in the case of Wilmette trader Jay C. Nolan, accused of cheating his North Shore pals while pretending to make them money.

In a federal civil complaint, the Commodity Futures Trading Commission alleged that the 56-year-old former Chicago Board of Trade director took in $3.9 million from at least five investors who were among Nolan’s “circle of friends” in the northern suburbs.

Read the full story: Burns on Business